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Authentic, great tasting South African cuisine.

AMAWELE’S SOUTH AFRICAN CUISINE INC.

Online Subscription and Packaged Foods

San Francisco, May 2020

Amawele’s Story • Our Vision • Why Invest • Projections • The Ask • Exit • Meet The Team

Amawele’s Story

 

About Amawele’s

Established in 2013, Amawele’s South African Cuisine INC. originally started off as Amawele’s South African Kitchen; a South African take-out lunch and corporate catering food establishment, based in the San Francisco financial district.

The success of the establishment prompted co-founders Pamela and Wendy Drew to change the name and business model. In 2015, Amawele’s South African Cuisine INC. was born. This signalled the start of a transition from food joint and corporate catering to online subscription food service.

After six years of operations in a brick and mortar, we saw an opportunity to transition our operational focus. We increased our corporate catering services and online subscription food delivery, including our first scaled product, Amawele’s Rooibos Ice Tea (now rebranded to Rooibos Refresher), all of which are available on amaweles.com

Amawele's South African Kitchen

Growing up as identical twins in Durban, South Africa, our peers had a difficult time telling us apart, hence the nickname Amaweles.

Meet the Amewales – Pam & Wendy Drew

Amaweles is a Zulu (Ubantu) word meaning ‘The Twins’. Growing up as identical twins in Durban, South Africa, our peers had a difficult time telling us apart, hence the nickname Amawele’s. We always had dreams of exploring the World through food and travel and after achieving success in the South African finance world, our dreams of travel fast became a reality.

The United States was the first country we decided to visit and a work abroad program that was supposed to keep us in the United States for only two years, quickly became our future. Our journey to becoming entrepreneurs in San Francisco, was long, fulfilling and unexpected. We travelled and worked as childcare providers and our passion for cooking South African cuisine ultimately inspired us to start our own business, a South African food joint in San Francisco; Amawele’s South African Kitchen.

 

Delicious South African Cuisine

The multicultural cuisine of South Africa boasts a fusion of different spices from around the world, as adopted by the indigenous people of Southern Africa.

Much like the ‘Rainbow Nation’, Amawele’s South African cuisine can be described as a melting pot of influences from English, Indian, Dutch, Malaysian and Native African cookery.

Amaweles Investment Opportunity

The global ethnic foods market is projected to grow at a CAGR of 11.8% during the forecast period.

Our Vision

Our vision is to scale our existing offerings and focus on three areas where we see extraordinary growth potential.

Amaweles Iced Tea

Beverages

Variations on Rooibos Refresher,
including Alcoholic Rooibos Refreshers and CBD infused Rooibos Refreshers.

Amaweles Meal Plans

Food Products

Traditional South African cuisine, available as subscription based meal plans, as in our current online store.

Amaweles Franchise

Retail

Restaurant Franchise: ‘Amawele’s Peri Peri’.
South African Style grilled chicken and sides.

Why Invest In Amawele’s?

The global ethnic foods market is projected to grow at a CAGR of 11.8% during the forecast period.

Ethnic food manufacturers are focusing on the convenience factor, quality of food, cuisine variants and packaging formats of the products. Therefore, with the increasing consumption of nutritious food and rising capital investment in producing healthy, ethnic-based food, the market studied is expected to gain traction over the forecast period. Additionally, the market studied continues to diversify, as consumers continue to experiment with new global cuisines. Some of the niche ethnic food categories include the African and Indonesian cuisines that have been growing over the recent years.

South African Cuisine is an untapped market, which falls under the ethnic niche food category, however unlike the other ethnic foods, South African Cuisine does not have any major representation in the USA or global market.

Enter Amawele’s South African Cuisine INC. Our cuisine is healthy and our flavours are globally infused, therefore putting us in the ethnic niche healthy food category. Our food is relatable through all cultures – there’s something for everyone. With an array of products that we plan on manufacturing, we have the potential of not only selling in the American Market but also the global market with a focus on Commonwealth Countries.

Amawele’s South African Kitchen generated $1.5 million in 6 years of operation, from 15 hours / week of business operation and 2 people in food production.

South African Cuisine

South African Cuisine does not have any major representation in the USA or global market.

Projections

Our online platform, amaweles.com will be used to sell our food products through single and bulk purchases and subscription based meal plans. After an aggressive scaling strategy, our projections are as follows:

Year One

$5.4 mil / month

revenue by years end


$3.9 million / month revenue from meal subs.
 
(3 full meals ~ $38.95 / month * 100k subscribers)
$1.5 million / month revenue from beverage sales
($15 6 pack * 100k orders)

 

Growth would open the opportunity to move into major retail food players such as Costco, TraderJoes, Walgreens, Wholefoods, etc.

Year Two

$10.8 mil / month

revenue by years end


$7.8 million / month revenue from meal subs.
 
(3 full meals ~ $38.95 / month * 200k subscribers)
$3.0 million / month revenue from beverage sales
($15 6 pack * 200k orders)

 

We plan to increase scaling at the same rate, doubling subscriptions to 200k on both subscription meals and beverage sales.

Year Three

$16.8 mil / month

revenue by years end


$11.7 million / month revenue from meal subs.
 
(3 full meals ~ $38.95 / month * 300k subscribers)
$4.5 million / month revenue from beverage sales
($15 6 pack * 300k orders)
…

We plan to increase scaling at the same rate, adding a further 100k meal plan subscribers to reach 300k. Y3 end, to begin Amawele’s Peri Peri Franchising and expansion into global markets.

Amaweles Growth Potential
Amaweles Growth Potential

Amawele’s delicious South African Food, Peri-Peri sauces and Rooibos Iced Tea, has already proved enormously successful as a 2 person operation.
With investment and aggressive scaling, Amawele’s has the potential for fantastic growth.

The Ask

$15 – $20 million

We are seeking for between $15 and $20 million to begin aggressive scaling of our products and operation.

Projected Costs

Amaweles Costs

$7.43 mil Projected first year expenses.
Remaining $12.5 mil for additional / operational / unexpected costs.

Exit Strategy

In 5 – 10 years Amawele’s South African Cuisine INC. has the potential of being a multi million Dollar Food Company and will have high selling potential.

We plan to sell each of our three divisions (meal subs, beverages and franchise) individually to food industry leaders. eg, Nestle, Coca-Cola, PepsiCo, Diageo, Anheuser-Busch InBev etc.

Meet The Team

Wendy Drew

Co-Founder and CEO

Pamela Drew

Co-Founder and CFO

Paul Whitelam

Technical Director

Antonio Morales

Executive Assistant to CEO and CFO

Emmerentia Januarie

Warehouse Distribution Manager

Nadia Drew

Quality Control Manager

Delicious South African Cuisine

Amawele’s South African Cuisine provides an authentic offering of great tasting food, freshly prepared with the highest quality of ingredients. Our menu promises a variety of delicious and nutritious meals that burst with flavor.

  415-730-4871  |  949-243-2704
  info@amaweles.com

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