Bondi Pizza Group's voluntary administrators issue statement

Read here for the full press statement.

Statement from Jonathon Keenan and Peter Krejci of BRI Ferrier:

Bondi Pizza Group - Voluntary Administration

We, Jonathon Keenan and Peter Krejci of BRI Ferrier, were appointed Voluntary Administrators of various entities in the Bondi Pizza Group on 28 February 2024.

Currently the Bondi Pizza Group operates restaurants in Macquarie, Parramatta and Eastgardens (NSW) and has approximately 120 permanent staff. Our intention is for the business to continue to trade as usual during the Administration, as we explore restructuring options, including via sale and/or recapitalisation. We are working closely with the Director and existing management, as we seek a positive outcome for the stakeholders.

A sale of business campaign has commenced, seeking offers by 19 March 2024. Interested parties should contact the Administrators’ office.

During our appointment, we will conduct investigations into the Companies’ affairs and its background. Our preliminary observations indicate that trading restrictions during the Covid-19 pandemic and significant increases in operating costs, have materially impacted the financial position. Through the Administration process, we will look to resolve those historical financial issues, and preserve a core viable business.

Jonathon Keenan
Principal, BRI Ferrier

Also Read

Restaurant Brands International net income records at US$252m in Q3 2024

TGI Fridays Australia publishes statements amidst US parent company bankruptcy

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit