Vellore Pizza Co. – Business Plan

Investment-grade business plan for Vellore Pizza Co. (Pty) Ltd — an R330-million raise (R200m equity + R130m senior debt) to build a technology-driven, delivery-first pizza QSR platform in South Africa, scaling to 158 corporate and franchised stores and ~R2.96 billion of system-wide sales by FY5, with company revenue of R822.7 million and EBITDA of R242.7 million at a 29.5% margin.

Confidential Business Plan

Vellore Pizza Co.

A technology-driven, delivery-first pizza quick-service-restaurant platform for South Africa — combining lower-cost, dark-friendly kitchen formats, a disciplined corporate-and-franchise rollout and advanced delivery infrastructure, with Phase 3 SADC expansion — structured as an investment-grade R330-million opportunity for private equity, institutional investors and commercial lenders.

Legal Entity
Vellore Pizza Co. (Pty) Ltd
Location
Republic of South Africa
Capital Sought
R330 million
Structure
R200m equity + R130m senior debt
Stores (FY1 → FY5)
14 → 158
System-Wide Sales (FY5)
~R2.96 billion
Company Revenue (FY1 → FY5)
R91.2m → R822.7m
FY5 EBITDA
R242.7m (29.5% margin)
Exit EV/EBITDA
8–12×
Sector
QSR — Pizza & Delivery
The Opportunity

South Africa’s fast-food market is large and growing — valued at roughly USD 6.3 billion, with QSR generating around 60% of food-service profit and online food delivery growing about 7.6% a year — and the market’s leading pizza chain already operates 700+ outlets, proving deep franchise scalability. Vellore Pizza Co. captures this with a technology-driven, delivery-first model — smaller, lower-cost dark-friendly kitchens optimised for throughput and delivery radius, a disciplined corporate-and-franchise rollout and advanced delivery infrastructure. An R330-million raise (R200m equity + R130m senior debt) scales the network to 158 corporate and franchised stores and approximately R2.96 billion of system-wide sales by FY5, with company revenue of R822.7 million and EBITDA reaching R242.7 million at a 29.5% margin — supporting, on a conservative 8–12× EV/EBITDA exit, an enterprise value of roughly R1.9 billion to R2.9 billion via a JSE listing, strategic trade sale or private-equity secondary.

Plan Contents

This investor-grade business plan is organised into the sections below. Each section is a dedicated page — select any to explore the full detail.

Important Notice & Disclaimer

Confidentiality. This business plan (the “Document”)
contains confidential, proprietary and commercially sensitive
information relating to Vellore Pizza Co.™ (“Vellore” or the “Company”).
It is provided to the recipient solely for the purpose of evaluating a
potential investment in, or financing of, the Company. By accepting this
Document, the recipient agrees to keep its contents confidential, not to
reproduce or distribute it in whole or in part without the prior written
consent of the Company, and to return or destroy it on request.

Forward-looking statements. This Document contains
projections, forecasts and forward-looking statements that reflect the
Company’s current expectations and assumptions about future events. Such
statements are subject to known and unknown risks and uncertainties,
many of which are beyond the Company’s control. Actual results may
differ materially from those expressed or implied. The financial
projections herein are illustrative, are based on the stated
assumptions, and do not constitute a guarantee of future
performance.

No offer. This Document does not constitute an offer
to sell, or a solicitation of an offer to buy, any security, nor does it
constitute investment, legal, tax or accounting advice. Prospective
investors should conduct their own independent due diligence and consult
their own professional advisers before making any investment
decision.

Market data. Industry and market data in this
Document are derived from third-party sources believed to be reliable,
including IMARC Group, Mordor Intelligence, Statista, GlobalData, the
World Bank, Statistics South Africa and public company disclosures.
While the Company believes these sources to be credible, it has not
independently verified all third-party data and makes no representation
as to its accuracy or completeness.

Confidential — this business plan is provided to prospective investors and lenders for evaluation purposes only and may not be reproduced or distributed without the written consent of Vellore Pizza Co. (Pty) Ltd.