Disclosure Document. Copyright Roman s Pizza Pretoria CC. Registration No.: 1991/024637/23

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Roman s Pizza Disclosure Document Roman s Pizza (Pretoria) CC Registration No.: 1991/024637/23 disclosure document Once you have carefully read through this document, please complete the pre-application form in detail and submit with the required documentation to Head Office. Im a ge ma yd iffer from actu a l pr o duc t Head Office: Tel: (012) 653-8243 Fax: 088 012 653-8253 romanspizza.co.za Copyright Roman s Pizza Pretoria CC Version 2.0 (February 2016) 1

A. HOW WE STARTED It all started in 1993 when the current owner, Mr. A. Nicolakakis, a restaurateur by trade decided to purchase a flagging pizza restaurant, with the intention of turning it around using his extensive knowledge and expertise. After operating the store for a year, he realised the product the store was selling was ridiculously over priced and therefore the store would continue to suffer financially, unless some changes were made. Instead of changing the prices, he decided to rather keep the same prices, but give two pizzas for the price of one. That is when Little Caesar s came into being. As public knowledge of this fantastic, very competitively priced product grew, consumer demand lead to the opening of Little Caesar s in other locations in Pretoria as well as surrounding areas. Then, unfortunately, legalities arose with the registration of the company name, which favourably lead to the birth of Roman s Pizza in 2002. Since then the company has gone from strength to strength due to the franchisor s hands-on approach. Our goal today remains the same, and that is to offer the best value for money in the industry. Many have attempted to imitate our concept, but as yet, none have succeeded. Today, Roman s Pizza has some of the busiest pizzerias in the country with some stores selling up to (and even at times in excess of) 2,000 pizzas per night. We aim to offer consumers throughout the country a more affordable meal, but also provide the franchisee with a substantial return on his capital. B. OUR PLEDGE At Roman s Pizza we strive to provide the best quality meals at the best value for money. As founders of the 2 pizzas for 1 low price we have set an industry benchmark in terms of value for money. We offer the consumer a choice of either pan base (thick base), or traditional base (thin base) pizza. Pizza is our major line at the moment and constitutes up to 80% of our total sales at some stores. We have a combination of restaurants/take-aways as well as take-aways only, in the group. Our current focus is on setting up take-aways only, as they are far easier to manage from a franchisee point of view, and control from a franchisor point of view. C. OPERATIONAL ASPECTS All our franchised stores are owner operated. We do not believe in selling stores as investments, as they are generally not operated according to the standards required by head office. Franchisees and all other staff members undergo training at a corporate store for a period of 4 to 6 weeks. Roman s Pizza employees are trained to provide friendly and efficient service. Our employees are the heart of our business, so we strive to provide a fun, friendly working environment. To ensure that we continue to grow and prosper, harmony needs to be maintained throughout the group. D. PROFILE OF THE IDEAL FRANCHISEE A Roman s Pizza franchisee must posses the following attributes: Passion for the industry and his business as well as be involved in all aspects Willing to work long hours Exceptional communication skills Willing to learn Able to motivate his employees Adhere to Roman s Pizza s operating standards Have a minimum of R1 000 000-00 in unencumbered cash Always operate with the brand s best interests in mind E. SITE DETAILS Copyright Roman s Pizza Pretoria CC Version 2.0 (February 2016) 2

E. SITE DETAILS All sites are analysed by head office and must conform to our criteria. Head office also plays it s hand in determining the viability of lease agreements for prospective sites. We always try to ensure that a Roman s Pizza franchise is opened in the best site possible with a suitable lease agreement. As they say in this industry, there are three very important factors to ensure a restaurant s success: location, location and location. We know that other factors also come into play; however the right site will make a significant difference in a franchisee s success. We are not in the habit of closing stores and will therefore always take the option to relocate poor performers. F. LAYOUT OF THE STORES Roman s Pizza believes that high quality operations require the best equipment. All our stores are fitted with ovens, dough mixers and dough rollers imported from abroad. Due to the volumes of pizzas served, we work on a conveyor belt oven system. Roman s Pizza is the only pizza group that has 3 ovens operating simultaneously in a large amount of our stores. G. FRANCHISE AGREEMENT The franchise agreement is the legal document that dictates the legal, commercial and operational relationship between the franchisor and the franchisee. Roman s Pizza urges all prospective franchisees to seek legal advice before signing the agreement. H. SALIENT FEATURES Management fee : Roman s Pizza s management fee is 4% of monthly turnover, calculated excluding VAT. Advertising fee : Roman s Pizza s advertising fee is 4% of monthly turnover, calculated excluding VAT. Territorial rights : Roman s Pizza gives the franchisee exclusivity in respect of the premises. Trade Marks : A franchisee has the right to the use of our trademarks in all aspects in accordance with the franchise agreement. Termination : The franchise agreement states the specific terms and conditions with regards to the termination of the franchise agreement. I. OBLIGATIONS OF THE FRANCHISOR Our obligations to our franchisees include, providing: the franchisee with adequate training for the staff and management of the franchise. the franchisee with a recipe and operations manual, and instruction in the use thereof. the franchisee with the best quality products at the best available prices from our distribution. assistance with regard to site selection, equipment and store layout. marketing on behalf of the franchisee. any additional assistance further required by the franchisee regarding the store. the franchisee with the latest developments in the industry. J. TRADEMARK Copyright Roman s Pizza Pretoria CC Version 2.0 (February 2016) 3

J. TRADEMARK The franchise agreement states that the franchisee is entitled to use the trade name, trade marks, logos, signage, intellectual property rights and advertising material in accordance with the terms and conditions therein. Roman s Pizza authorises and requires the franchisee to use the trade mark and other intellectual property rights, as directed and in accordance with the standard instructions in relation to the business. The company warrants the non-exclusive right of the franchisee to use the trademark. Trademark includes: 1. The Trade Name 2. The slogan 3. The logo K. KEY FRANCHISE DETAILS 1. LEGAL ENTITY Roman s Pizza (Pretoria) CC Registration No.: 1991/024637/23 Registered Address: 4th Floor Park Terrace 33 Princess of Wales Terrace Parktown 2193 Johannesburg PO Box 1167 Houghton 2041 Tel: (011) 484-1973 Fax: ( 011) 484-1300 2. HEAD OFFICE: Physical address: 22-24 Venturi Crescent Hennopspark X 56 Centurion 0157 Tel: (012) 653-8243 Fax: 088 012 653-8253 Website: romanspizza.co.za Mobi site: romanspizza.mobi E-mail: info@romanspizza.co.za Postal address: P.O. Box 11628 Hatfield 0028 All prospective franchisees are encouraged to contact the owners or visit any of the existing franchisees with regards to the viability of the franchise as a whole. Copyright Roman s Pizza Pretoria CC Version 2.0 (February 2016) 4

3. BRANCHES: Company owned stores: Atteridgeville (T/A only) Tel: (012) 373-6780 Bronkhorstspruit (T/A only) Tel: (013) 932-3521/5081 Brooklyn (T/A only) Tel: (012) 346-8034/8031/8037 Clearwater (T/A only) Tel: (011) 475-0619 Croydon (T/A only) Tel: (011) 974-0002/8864 Daveyton (T/A only) Tel: (011) 968-0214/0207 Elardus Park (T/A only) Tel: (012) 345-6346/3316/6365 Ga Rankuwa (T/A only) Tel: (012) 703-2873 Hatfield (Restaurant and T/A) Tel: (012) 362-5865 Jabulani Mall (T/A only) Tel: (011) 930-4885/3300 Kensington (T/A only) Tel: (011) 614-3884 Krugersdorp (T/A only) Tel: (011) 665-3017/2947 Kuruman (T/A only) Tel: (053) 712-0699 Lynnwood (T/A only) Tel:(012) 348-4996/5386 Madadeni (T/A only) Tel: (034) 374-7149 Mayville (T/A only) Tel: (012) 943-0120 Meadowridge (T/A only) Tel: (021) 200-0498 Menlyn (T/A only) Tel: (012) 348-1505/1933 Milnerton (Paddocks) (T/A only) Tel: (021) 551-8680 Noordheuwel (T/A only) Tel: (011) 954-5920/5642 Noordhoek (T/A only) Tel: (021) 200-0458 Old Farm Road (T/A only) Tel: (012) 991-6770/6568 Parkview (T/A only) Tel: (012) 992-6117/6118/6119 Plumstead (T/A only) Tel: (021) 200-0448 Protea Glen (T/A only) Tel: (011) 297-0002 Waterkloof Ridge (T/A only) Tel: (012) 347-0008/0003 Zevenwacht (T/A only) Tel: (021) 903 0694 Copyright Roman s Pizza Pretoria CC Version 2.0 (February 2016) 5

4. FRANCHISES GAUTENG: Alberton CBD (T/A only) Tel: (011) 869-9977/9947 Marius Terblanche Arcadia (T/A only) Tel: (012) 440-1010 Kostas Panoussis Atlasville (Boksburg) (T/A only) Tel: (011) 894-6850 Graham Gillespie Bank City (JHB CBD) (T/A only) Tel: (011) 833-9321/9322/492-1762 Fagrie Osman Blackheath (Randburg) (T/A only) Tel: (011) 476-6868/2331/6869 Fagrie Osman Bloed Street (T/A only) Tel: (012) 328-7333 Kostas Panoussis Brackenhurst (T/A only) Tel: (011) 867-6930 Christopher Minney Brakpan (T/A only) Tel: (011) 915-3149/8337/3146 Jayesh Doolabh Campus Square (T/A only) Tel: (011) 482-9113/2617 Edward Sungura Edenvale (T/A only) Tel: (011) 454-5166/1045 Basil Kassimatis Ferndale (T/A only) Tel: (011) 024-6786/326-4313 Aarti Singh Florentia (Opening soon) (T/A only) Tel: (010) 590-6225 Basil Kassimatis Florida Glen (T/A only) Tel: (011) 673-7437 Danie Franzsen Fordsburg (Restaurant and T/A - Halaal) Tel: (011) 492-0412/042-7698 Umair Jassat Fourways (T/A only) Tel: (011) 467-0166/465-0870 Philip van Heerden Ghandi Square (T/A only) Tel: (011) 492 0047 Micheal Ajileye Glen Marais (T/A only) Tel: (011) 979-5169/5253 Francois Le Roux Germiston Lambton (T/A only) Tel: (011) 824-1504/0891 Fagrie Osman Halfway Gardens (T/A only) Tel: (011) 312-4456 Kobus Reynecke Hammanskraal (T/A only) Tel: (012) 727-1315 Hartbeespoort (T/A only) Tel: (012) 259-0577 Heath Cater Hebron (T/A only) Tel: (012) 791-3553 Toyin Ogunfowora Heidelberg (T/A only) Tel: (016) 341-2541/2652 Esna Roux Highlands North (T/A only) Tel: (011) 440-0710 Jaco Uys Honeydew (T/A only) Tel: (011) 794-3339 Mary Konopi Jean Crossing (Centurion) (T/A only) Tel: (012) 663-1410 Johann Crafford Karenpark (T/A only) Tel: (012) 549-1845/4967 Franco De Sousa Copyright Roman s Pizza Pretoria CC Version 2.0 (February 2016) 6

Laudium (T/A - Halaal) Tel: (012) 374-3616/3617 Afzal Suliman Lenasia (T/A only - Halaal) Tel: (011) 854-1621 Umair Jassat Lyttelton (T/A only) Tel:(012) 942-0040 Johann Crafford Madeliefie (Pretoria North) (T/A only) Tel: (012) 546-0638 Jose De Sousa Mahube Maxi City (T/A only) Tel: (012) 840-0043 Dimitri Kavalineas Mamelodi Crossing (T/A only) Tel: (012) 805-1755 Dimitri Kavalineas Meadowdale (T/A only) Tel: (011) 453-1201 Basil Kassimatis Midrand (T/A only) Tel: (011) 318-3536 Kobus Reynecke Modderfontein (T/A only) Tel: (011) 452-5144/5141/5147 Marco Neto Montana (T/A only) Tel: (012) 548-4376/4377/1031 Donovan Pirija Mulbarton (T/A only) Tel: (011) 432-2145 Meshack Msimango New Redruth (T/A only) Tel: (011) 869-3044 Theo Papaioannou Norkem Park (T/A only) Tel: (011) 391-4352 Graham Gillespie Northmead (Benoni) (T/A only) Tel: (011) 425-9803 Graham Gillespie Northriding (T/A only) Tel: (011) 795-2202 Philip van Heerden Park Central (T/A only) Tel: (011) 333-2725/0585 Fagrie Osman Parkrand (T/A only) Tel: (011) 896-5502/5508 Marco Neto Paul Kruger (T/A only) Tel: (012) 320-0160/0059 Kostas Panoussis Pretoria Central (Pretorius Street) (T/A only) Tel: (012) 321-7504 Kostas Panoussis Pretoria Gardens (T/A only) Tel: (012) 377-3708 Kostas Panoussis Ridgeway (T/A only - Halaal) Tel: (011) 680-0038/0048 Fagrie Osman Rietfontein (T/A only) Tel: (012) 329-9339 Kostas Panoussis Roodepoort (T/A only) Tel: (011) 768-4527 Danie Franzsen Sebokeng (T/A only) Tel: (016) 592-9366 Bernard Fourie Selcourt Springs (T/A only) Tel: (011) 363-2897/3685 Ruhann Coertzen Silverton (T/A only) Tel: (012) 804-0858/0878 Dimitri Kavalineas Sinoville (T/A only) Tel: (012) 543-3019/0299/567-2021 Donovan Pirija Soshanguve (T/A only) Tel: (012) 790-6467/6543 Jose De Sousa Copyright Roman s Pizza Pretoria CC Version 2.0 (February 2016) 7

Soshanguve Crossing (T/A only) Tel: (012) 793-0022 Toyin Ogunfowora Southdowns (T/A only) Tel: (012) 665-2427 Johann Crafford Southgate Mall (T/A only) Tel: (011) 941-1122/942-2520 Fagrie Osman Sunninghill (T/A only) Tel: (011) 234-7205/7208 Preshane Muntree Sunnyside (T/A only) Tel: (012) 341-9176/9177/8835 Hannes Uys Tembisa (T/A only) Tel: (011) 925-6686 Marco Neto Three Rivers (T/A only) Tel: (016) 454-0600 Bernard Fourie Tsakane Mall (T/A only) Tel: (011) 362-6258 Ruhann Coertzen Vanderbijlpark - President Hyper (T/A only) Tel: (016) 985-1080 Bernard Fourie Vereeniging (T/A only) Tel: (016) 421-4112 Bernard Fourie Vosloorus (T/A only) Tel: (011) 901-0131 Christopher Minney Waverley (T/A only) Tel: (012) 942-0032 Kostas Panoussis Weltevreden Park (T/A only) Tel: (011) 475-5650/5651 Fagrie Osman Wierda Park (T/A only) Tel: (012) 656-0402/0403 Marco Neto Willows Crossing (T/A only) Tel: (012) 807-3006/1161/3803 Tina Coutselini Wingtip (T/A only) Tel: 087 230-0296 Donovan Pirija Vanderbijlpark (T/A only) Tel: (016) 981 2866 Bernard Fourie Copyright Roman s Pizza Pretoria CC Version 2.0 (February 2016) 8

FREE STATE: Bethlehem (T/A only) Tel: (087) 802-0965/ (058) 303-1030 Kathrine Roux Bloemfontein Brandwag Centre (T/A only) Tel: (051) 444-5632 Bloemfontein Showgate Centre (T/A only) Tel: (051) 430-0131 Bloemfontein Langenhovenpark (T/A only) Tel: (051) 446-0176 Bloemfontein Heidedal (T/A only) Tel: (051) 432-0067 Kroonstad (T/A only) Tel: (056) 212-1331/1335 Brian Edwards Welkom (T/A only) Tel: (057) 352-2450 Newcastle (T/A only) Tel: (034) 315-4454/4455 Johan Jonker Overport (T/A - Halaal) Tel: (031) 209-7896/207-4233 Mohammed Haffejee Pietermaritzburg (T/A only) Tel: (033) 342-2337 Dean Van Rensburg Pietermaritzburg - Hayfields (T/A only) Tel: (033) 346-1592 Dean van Rensburg Queensburgh (T/A only) Tel: (031) 464-7749/55/56 Lydia Penberthy Umhlanga (Opening soon ) (T/A only) Tel: TBA Vryheid (T/A only) Tel: (034) 980-9113/7350 Philip Smit KWA-ZULU NATAL: Amanzimtoti (T/A only) Tel: (031) 903-5748 Warren Van Wyk Bluff (T/A only) Tel: (031) 467-2639/7212 Erik Viljoen Chatsworth (T/A - Halaal) Tel: (031) 402-0477/0657 Mohammed Haffejee Durban CBD (T/A - Halaal) Tel: (031) 301-1812/2273 Ubaid Jassat Hillcrest (T/A only) Tel: (031) 765-4194 Pieter Van Rensburg Kloof (T/A only) Tel: (031) 764-0839 Nic Le Roux LIMPOPO: Bela-Bela (T/A only) Tel: (014) 736-6144 Jaco Uys Burgersfort (T/A only) Tel: (013) 231-7612 Naledi Maseko Giyani (T/A only) Tel: (015) 812-1316/4219 Mashudu Nethononda Jane Furse (T/A only) Tel: (013) 265-1904 Jaco Uys Lebowakgomo (T/A only) Tel: (015) 663-7422/7670 Kenneth Mashishi Lephalale (T/A only) Tel: (014) 161-0535/0536 Liezl de Bruin Montclair (T/A only) Tel: (031) 000-0550 Evert Potgieter Maake (T/A only) Tel: (015) 355-3244 Ockie Bierman Copyright Roman s Pizza Pretoria CC Version 2.0 (February 2016) 9

Makhado Crossing (T/A only) Tel: (015) 516-5942/5944 Corne Smith Modimolle (T/A only) Tel: (014) 161-0600/0601 Tinus Kruger Mokopane (T/A only) Tel: (015) 491-2292/2297 Hannes Kriel Northam (T/A only) Tel: (014) 784-0051 Joe De Jesus Phalaborwa (T/A only) Tel: (015) 781-5389/6799 Henri Bierman Polokwane (Palm Centre) (T/A only) Tel: (015) 295-7633/291-1239 Pieter Van Der Merwe Polokwane (The Crossing) (T/A only) Tel: (015) 296-2612/2613 Pieter Van Der Merwe Thabazimbi (T/A only) Tel: (014) 777-1228 Joe De Jesus Thohoyandou (T/A only) Tel: (015) 962-2744/0398 Mashudu Nethononda Tzaneen (T/A only) Tel: (015) 307-4021/2563 Ockie Bierman MPUMALANGA: Ermelo (T/A only) Tel: (017) 819-2191 Dirk Marx Groblersdal (T/A only) Tel: (013) 262-3755/3272 Jaco Uys Kwaggafontein (T/A only) Tel: (013) 986-1624/ (087) 150-0625 Jose De Sousa Lydenburg (Opening soon) (T/A only) Tel: TBA Middelburg (T/A only) Tel: (013) 282-5837 Mike Alaziozoglou Nelspruit (T/A only) Tel: (013) 741-2222 Pieter Scherman Nelspruit Plaza (Opening soon) (T/A only) Tel: TBA Secunda (T/A only) Tel: (017) 634-6161/6162 Dennis Alaziozoglou Witbank Highland Square (T/A only) Tel: (013) 692-6930/8689 Dennis Alaziozoglou Witbank River Crescent (T/A only) Tel: (013) 656-0377/0376 Dennis Alaziozoglou Copyright Roman s Pizza Pretoria CC Version 2.0 (February 2016) 10

NORTH WEST PROVINCE: Brits (T/A only) Tel: (012) 252-1500 Heath Cater Ikageng (T/A only) Tel: (018) 294 3744 Klerksdorp (T/A only) Tel: (018) 468-3732 Klerksdorp CBD (T/A only) Tel: (018) 462-3998 Lichtenburg (T/A only) Tel: (018) 632-0470/0477 Christos Coustelinis Mmabatho (T/A only) Tel: (018) 384-2431 Setebe Maponya Moruleng (T/A only) Tel: (014) 556-2005 Kgosietsile Rantsome Potchefstroom (T/A only) Tel: (018) 293-3710 Tilana Huysamen Rustenburg Square (T/A only) Tel: (014) 594-1904 Theo Stoltz Rustenburg Platinum Square (T/A only) Tel: (014) 537-2666/2672 Theo Stoltz Zeerust (T/A only) Tel: (087) 230-0402 Christos Coustelinis NORTHERN CAPE: Kimberley Diamond Pavilion (T/A only) Tel: (053) 832-5906/5907 Kathrine Roux Kimberley Horseshoe (T/A only) Tel: (053) 831-5469/5468 Kathrine Roux Upington (T/A only) Tel: (054) 331-3680/3866 Andre Schreuder WESTERN CAPE: Athlone (T/A only - Halaal) Tel: (021) 637-2146/2148 Afzal Suliman Bothasig (T/A only) Tel: (021) 558-9196 Donovan Plunkett Brackenfell (T/A only) Tel: (021) 981-7979 Jacques Ott Durbanville (T/A only) Tel: (021) 979-0406/0405 Charl Labuschagne George (T/A only) Tel: (044) 873-6057 Llewellyn Paton Glengarry (T/A only) Tel: (021) 981-7434/5794 Charl Labuschagne Hermanus (T/A only) Tel: (086) 118 1387 Elna Du Plessis Mossel Bay (T/A only) Tel: (044) 695-4332 Hannes van Broekhuizen Okavango Kraaifontein (T/A only) Tel: (021) 200-5997 Paarl (T/A only) Tel: (021) 871-1116/1117 Niel Hofmeyr Parklands (T/A only) Tel: (021) 556-9800 Donovan Plunkett Plattekloof (T/A only) Tel: (021) 911-1135 Tracey Pels Promenade (T/A only - Halaal) Tel: (021) 376-7447/7448 Afzal Suliman Copyright Roman s Pizza Pretoria CC Version 2.0 (February 2016) 11

Roman s Pizza Disclosure Document Somerset West (T/A only) Tel: (021) 852-5836 Corne De Kock Soneike (T/A only) Tel: (021) 903-3633 Guido Verhovert Stellenbosch (T/A only) Tel: (021) 886-8231 Jacques Ott Strand (T/A only) Tel: (021) 852-5958 Schalk Enslin Worcester (T/A only) Tel: (023) 347-6626/6624/6623/6621 David John EASTERN CAPE: Cambridge East London (T/A only) Tel: (043) 727-1369 Paris loannou Gonubie (T/A only) Tel: (043) 732-1013/1014 Charl Van Biljon Grahamstown (T/A only) Tel: (046) 622-3125 Henriette Grobler PE Kings Court (T/A only) Tel: (041) 368-7296/7491 Hennie Neethling PE Summerstrand (T/A only) Tel: (041) 583-6097 Wayne Buchler PE Sunridge Village (T/A only) Tel: (041) 360-3104 Dirk Burger PE Walmer Park (T/A only) Tel: (041) 820-2020/2121/2323 Hennie Neethling Copyright Roman s Pizza Pretoria CC Version 2.0 (February 2016) 12

Roman s Pizza Disclosure Document INTERNATIONAL: Gaborone - Botswana (T/A only - Halaal) Tel: (+267) 393-5746/5753 Goolam Tajbhai Gaborone - Broadhurst (T/A only - Halaal) Tel: TBA Goolam Tajbhai Maseru - Lesotho (T/A only) Tel: (+266) 223-10464/10477 Prakash Jeerakun Copyright Roman s Pizza Pretoria CC Version 2.0 (February 2016) 13

5. MANAGEMENT TEAM Founder: Arthur Nicolakakis Arthur Nicolakakis has been in the restaurant industry since 1965. He has pioneered many concepts and owned numerous restaurants. He founded the Something Fishy Group in the early eighties before selling his equity to his partners in 1995. He established the Roman s Pizza Group and has never looked back, fully involved in the management of the Roman s Pizza group, he brings vast knowledge and years of experience to the brand. Chief Executive Officer: John Nicolakakis John has been in the industry numerous years, having started out as a waiter at our flagship store in Hatfield. He studied BCom (Hons) at the University of Pretoria whilst at the same time completing his CFA (1, 2, and 3). John went into the financial industry for a couple of years before being drawn back into the industry he grew up in. He has worked at Roman s Pizza for the last 13 years, and held the post of Chief Executive Officer for 9 of those. Chief Operating Officer: Tertius Vermeulen Tertius Vermeulen is currently Chief Operating Officer of Roman s Pizza Corporate. Tertius has been running different companies, mainly in Emerging Market countries in Asia and Africa as Chief Executive Officer and Chief Financial Officer since 1996. Tertius has extensive experience in Telecommunications and Electrical and Electronic Industries in manufacturing, service and sales. He was instrumental in the development of Mobile Telephony in Southern Africa in the early nineties. This was followed by a stint in International Management Consulting based in Munich, Germany before moving to South East Asia for a period of eight years. Tertius graduated from the IHK in Nuremberg in Commerce in 1982. In 1995 he completed the Management Development Programme at the University of South Africa (Business School). Chief Marketing Officer: Bonnie Lee Bonnie Lee joined the group in 2008, bringing with her a wealth of experience from Famous Brands. After completing her MBA, Bonnie went straight into the industry and has over 15 years experience in all aspects of a fast food franchise. In her tenure as Chief Marketing Officer, the brand has grown from strength to strength winning many awards for both Marketing and Service. New Business and Development Manager: Artur Weissner Artur has been in the hospitality industry since he was 14. He started in his family s business before leaving to go study restaurant and hotel management at the Swiss Hotel School. After graduating, he moved to London and worked at Bank Restaurant which was rated No. 1, four years in a row. He moved to Namibia and worked for Ohlthaver List, the holding company for Namibia Breweries, Hangana Fisheries and Namib Sun Hotels. He was involved in importing franchises into Namibia and was responsible for operations and development. Artur then joined Roman s Pizza in May 2011 in the operations department as a field consultant and in August 2012 moved over to development. Copyright Roman s Pizza Pretoria CC Version 2.0 (February 2016) 14

L. FINANCIAL INFORMATION A. Initial Franchise Fee: Initial Franchise Fee which is required from the franchisee: ± R80, 000-00 excluding VAT to confirm commitment. B. Establishment Costs: Establishment costs for a Roman s Pizza store is approximately ± R2,100 000-00 excluding VAT (based on a 100-120m² store size). Costs however do vary in accordance with various factors. Size of store, exchange rates, and numerous other factors affect this estimate. A minimum amount of R1,100 000-00 unencumbered cash is required. C. Initial Working Capital: Initial Working Capital is ± R100, 000-00. This cost however does vary and is merely an estimate. Financial Information R80,000-00 R100,000-00 R1,920 000-00 A. Initial Franchise Fee (3.8%) B. Initial Capital (4.8%) C. Establishment Costs (91.4%) Copyright Roman s Pizza Pretoria CC Version 2.0 (February 2016) 15

M. REQUIRED DOCUMENTATION N. Pre-Application form completed in detail. Supporting documentation from a financial institution confirming availability of unencumbered cash. Copies of ID documents of relevant parties. If company or closed corporation, copy of registration documents. PRE-APPLICATION FORM Full Names: Identity Number: Physical Address: E-mail Address: Contact Numbers: (H): (W): (C): Education/Qualifications: Occupation: Areas interested in: Town of interest: Select a Choice: Regular Halaal Languages: Do you have R1,000 000-00 unencumbered capital to invest? (Proof required) Yes No If not what unencumbered capital can you invest? Have you ever been insolvent? Yes No Is there a judgment against your name? Yes No Are you currently under debt review? Yes No Are you computer literate? Yes No Which software applications are you familiar with? Age & Sex? Are you married? Yes No Number of dependants Copyright Roman s Pizza Pretoria CC Version 2.0 (February 2016) 16

Do you intend to run the business yourself? Yes No If No please explain who will run the business Attach relevant documentation / comments as Annexure A Have you ever managed a team? Yes No If Yes please give details : Are you familiar with all the Roman s Pizza concepts? Yes No Are you prepared to be interviewed? Yes No If Yes please state your preferred day Do you have any objections if we perform an ITC check on you? Yes No Are you willing to relocate? Yes No By when would you like to be operational? Signature Date This Disclosure Document should assist you in assessing the franchise. While it includes some information about your franchise agreement do not rely on it alone to understand your contract; read your entire contract carefully. Buying a franchise is a serious undertaking; take your time to decide. It is recommended that you have the contract explained to you by an attorney and you should seek accounting and financial advice on the franchise proposition. For the calendar year 2013, Roman s Pizza is a Full Member in good standing of the Franchise Association of Southern Africa, if required, further information on this Membership can be obtained from: The Executive Director, Franchise Association of Southern Africa Postnet Suite # 256 Private Bag X4 Bedfordview 2008 Roman s Pizza subscribes to all the rules as stated in the code of ethics at FASA, which can be found in more detail at www.fasa.co.za. We certify that there have been no significant or material changes in the company s / franchisor s final position since the date of the accounting officer or auditors certificate and the company / franchisor has reasonable grounds to believe that it will be able to pay its debts as and when they fall due. Arthur Nicolakakis Founder Signature Date Copyright Roman s Pizza Pretoria CC Version 2.0 (February 2016) 17