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Investment
Opportunities

Bambanani Family

Bambanani raised capital from its own customer base via Altvest. With expansion plans underway, this investment offers access to a high-margin, brand-led business in a premium family entertainment niche.

Bambanani stands out as a consumer-facing, high-margin retail hospitality brand with grassroots investor support and scalable growth​.
Bambanani Impact Summary for Altvest Capital Impact Report

1. Occupancy and Seating Capacity

Location Capacity (Pre-Expansion) Expansion Seats Capacity (Post-Expansion) Weekday Occupancy Weekend Occupancy
Melville 160 100 260 30% 90%
Bedfordview 0 160 160 30% 90%
Total 160 260 420

2.Store Expansion Timeline

Site Status Notes
Melville Operational (Expanded) Renovated and expanded during 2024
Bedfordview Opened July 2024 Second site operational since mid-2024
Future Sites In planning Cape Town and Pretoria in pipeline
3. Capital Raised and Shareholder Participation

  • In December 2022, Bambanani listed at R10 per share, raising approximately R12.5 million from a mix of private and public investors.
  • In 2024, a follow-on raise on the JSE brought in an additional R4.51 million through the issuance of 532 Class B shares, increasing the post-money valuation to R31.26 million.
  • As of October 2024, Bambanani has a total of 342 investors, of which 328 (96%) are retail investors and 14 (4%) are institutional investors.


4. Share Performance Overview

  • December 2022: Initial listing on the CTSE at R10.00 per share.
  • February 2024: Share price increases to R11.00, reflecting an 11.7% premium to NAV of R9.85.
  • August 2024: Share price reaches R12.00, trading at a 21.8% premium to the unchanged NAV of R9.85.
  • Performance Summary:
    • Total share price appreciation since listing: 20%.
    • Share price consistently trading above NAV, indicating strong investor confidence and market validation of Bambanani’s business model, execution, and growth potential.


5. Strategic Highlights and Community Impact

  • Opened second location and acquired properties to support long-term footprint.
  • Developed ‘Bamba’s Kitchen’ as a centralized food supply hub for quality control.
  • Launched merchandising and community-targeted product lines.
  • Designed a theatre at the Melville site for arts education and cultural engagement.
  • Preserving heritage: new theatre will restore Johannesburg’s first bioscope.
  • Strong brand loyalty with families visiting regularly for over 15 years.


6. IRR Forecast

Scenario Target Weekday Occupancy Target Friday Occupancy IRR (at 60% Weekday)
Conservative 50% 75% 13.9%
Expected 55% 75% 14.5%
Growth 60% 75% 15.0%

Bambanani Family
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