Ocean Basket

Member
Accredited Member
Our franchises are:
Nationwide
For Sale: areas/territories
Yes
Date Established:

The first Ocean Basket opened its doors in Pretoria in 1995. We now have over 200 restaurants in 16 countries around the world, including Dubai, Saudi Arabia, Malta, Kazakhstan and Cyprus, with expansion plans firmly in place for more restaurants to break into new markets in Oman and Qatar.Our very first store was opened by brothers Fats and George Lazarides, who are both still active owners of the company. Our secret ingredient is our people – the family that has created and defined this incredible brand and when you join us you become part of that global family.

At Ocean Basket, we are mad about seafood. Our mission is to deliver the best seafood at great prices. We believe in sharing and creating a sense of family. We do everything with a playful spirit and embrace our Mediterranean passion for life. Generosity is at the core of everything we do, everyone is welcome- it is a restaurant destination for diners seeking a quality, affordable meal in a relaxed environment.

Passionate individual with the necessary dedication to build a profitable future within a proven system.

New franchisees and their crew undergo an intensive training programme, which encompasses both theoretical and practical on-the-job training. We offer ongoing training throughout the year, along with operational and marketing support.

Financial Cost

Joining Fee R 150 000 excl. VAT;
Royalties 4.5% of turnover;
Marketing 2.5% of turnover;
To qualify, a potential franchisee would need to have 50% of the set up costs in unencumbered funds. We have a separate fee structure for the international territories.


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