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Home World Australia

Sydney restaurant chain Bondi Pizza closes doors at four locations

4 March 2024
in Australia
0
Sydney restaurant chain Bondi Pizza closes doors at four locations
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A Sydney restaurant chain has gone into administration, forcing them to close the doors to multiple locations and putting jobs at risk.

Bondi Pizza, which has locations in Eastgardens, Macquarie and Parramatta, was appointed administrators on February 28.

The chain only recently opened a Randwick location in October 2023, with social media accounts showing a busy opening night.

Camera IconBondi Pizza is closing its doors after it was appointed administrators. Instagram Credit: NCA NewsWire

The eastern Sydney location is the only one to be spared from administration.

It is understood the business closures will impact at least 120 staff, with the first meeting of creditors scheduled for March 11.

The chain is owned by Casual Dining Concepts and also owns Franco’s $20 Pasta in Eastgardens, Detroit Deep Dish and Sourdough Pizza – all of which have gone into administration.

BRI Ferrier principals Johnathon Keenan and Peter Krejci were appointed as administrators last week.

Bondi Pizza is closing its doors. Picture Instagram.JPG
Camera IconOnly one location in Randwick has been spared. Instagram Credit: NCA NewsWire
Bondi Pizza is closing its doors. Picture Instagram.JPG
Camera IconThe business reportedly experienced financial difficulties as a result of the pandemic. Instagram Credit: NCA NewsWire

Speaking to Nine on Sunday, Mr Keenan said the business had run into financial troubles during the Covid-19 pandemic and these “historical difficulties” continue to impact the business.

“We are currently trading the business and offering the business for sale while we explore options to restructure its affairs and provide opportunities for its staff to continue with the group,” he said.

“But we’re working closely with directors and managers looking for a positive solution for the business.”

Bondi Pizza has been contacted for comment.



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