The market for restaurants and catering in Gauteng is a significant one, with the government spending about R8.6 million in this space. However, it's worth noting that this market isn't growing, with zero year-on-year growth, which could indicate a challenging environment for new entrants. You'll also be competing with around 141 other suppliers, so it's a fairly crowded space, with 12 different government departments to try and get a foothold with. It's also important to consider the B-BBEE requirements, with over 57% of the allocation going to black-owned businesses, so having a strong transformation programme in place will be crucial. If I were you, I'd focus on building relationships with the key departments and ensuring your organisation has a favourable B-BBEE level to give yourself the best chance of success in this market.
R9M
141
12
R49K
Supplier Type Allocation
EME (< R10M)
0%
QSE (R10-50M)
0%
GE (> R50M)
0%
BEE Allocation
57.9%
35.7%
14.7%
0.6%