Restaurant Operator Pours US$200 000 Into Expansion Drive
Fast-food company, Hotplate Grillhouse Zimbabwe, has invested more than US$200 000 in an expansion drive that will see three additional branches being opened in Zimbabwe by July this year.
The local franchise is part of the South African food outlet, Hotplate Grillhouse, and has created about 300 jobs countrywide.
It had only three stores last year but the number has ballooned to 10 units in different parts of the country.
Company director, Benson Muneri, told Business Chronicle that they plan to open new branches in the resort city of Victoria Falls, Msasa and 7 Miles in Harare. He said:
We are busy with the establishment of three new stores namely Msasa Harare at Total Service station along Mutare Road, 7 Miles in Harare and Victoria Falls branches and each outlet will employ 15 locals.
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The cost of setting up each outlet is US$75 000. The Msasa Harare branch will be opened this week while the 7 Miles Harare and Victoria Falls branches will be opened in June and July respectively.
Muneri said the fast-food chain organisation has devised means to stay afloat amid the COVID-19 pandemic, which has seen restaurants operating at half capacity due to the induced lockdowns.
He said plans were at an advanced stage towards opening up new stores in Botswana and Namibia.