Spice Route Kitchens is raising ZAR 18 million in equity to scale a premium Indian fine-casual restaurant and hospitality platform — built on a flagship Johannesburg restaurant, a central kitchen, catering, cloud kitchens, retail products and a scalable franchise network, growing toward 30 outlets, ZAR 128 million of Year-5 revenue and ZAR 31.8 million of Year-5 EBITDA at a 24.8% margin. This plan sets out the market sizing and competitive positioning, the culinary concept and business model, operations and central kitchen, the multi-site rollout and franchising strategy, brand and digital marketing, full financial projections, funding and capital structure, returns and sensitivities, the SWOT and investment thesis and an honest account of the key risks and independent findings. Use the contents below to navigate the plan.

Financial snapshot

Two headline charts from the plan. Full projections and all visualisations are in Section 14: Financial Plan & Projections.