Vantage Social House Business Plan — Appendix C. Market Data Sources & Verification
Appendix C. Market Data Sources & Verification
The market figures in this plan are drawn from recognised industry and public sources, triangulated where methodologies differ. Key references are set out below; where sources diverge (for example, differing measures of total foodservice value), the plan anchors on the more granular profit-sector measure and notes the divergence.
|
Data point |
Figure used |
Source |
|---|---|---|
|
SA foodservice profit sector (2024) |
~R601bn |
GlobalData |
|
Profit-sector forecast CAGR (2024–29) |
6.6% |
GlobalData |
|
Restaurant sector contribution (2023) |
~R72bn (+15% YoY) |
Restaurant Association of SA |
|
Sector employment |
500,000+ (~4% formal) |
Restaurant Association of SA |
|
Household dining-out spend (2021–23) |
+22% |
SARB / national accounts |
|
International tourist arrivals (2023) |
~5.7 million |
SA Tourism |
|
Tourist F&B spend (2023) |
~R25.8bn |
SA Tourism |
|
Fastest-growing channel |
Coffee/tea shops (7.7% CAGR) |
GlobalData channel analysis |
|
Chained-outlet growth |
~15.3% CAGR |
Foodservice channel analysis |
|
Regional precedent |
Spur in Mauritius, Zambia, Botswana |
Company disclosures |
|
Prime lending rate (2026) |
~10.5% |
SARB / commercial banks |
Figures are indicative and current as at preparation; prospective investors should verify against primary sources as part of due diligence. This document does not constitute investment advice.