Gold Brands Investments (GBI), the South Africa-based hospitality group, is looking to launch its BBQ restaurant concept Chesanyama
MCA understands that GBI, which is set to introduce Las Iguanas into South Africa next month at the Irene Mall, Centurian, has retained property advisor Lewis Craig to find suitable A3 sites in central London for Chesanyama, meaning “Braai meat”.
The company currently operates over 300 sites under the brand, which was launched in April 2012.
GBI is currently carrying out an upgrade programme across its Chesanyama sites in South Africa by giving them a more “expansive casual dining feel”. It is also introducing a drive-thru concept for the brand.
Last February, Casual Dining Group agreed a franchising deal with GBI, which will see a minimum 20 restaurants open across South Africa in the next five years
GBI, which is based in Pretoria and listed on the Johannesburg Stock Exchange’s AltX board, operates five restaurant brands of its own, including 1+1 Pizza, Chicken Wild Wings and Chesanyama.
The company says it wants to offers customers “unique and authentic brands”, and aims to become South Africa’s leading franchise company. Founded by Stelio Nathanael and his wife, Praxia, in 2012, GBI has more than 330 restaurants across South Africa’s nine provinces, including the Eastern Cape, Limpopo and Kwazulu-Natal, and is described as a ‘major player’ in the country’s restaurant sector.