Restaurant chain Burger Burger has gone into liquidation shortly after the company announced it was owing $1.8 million, including debt to suppliers, rent and GST.
Burger Burger Limited and Burger Burger IP Limited were both placed into liquidation on July 24.
In June, the restaurant chain’s director Mimi Gilmour told RNZ spending in restaurants had dropped “through the floor”.
“We’ve just gone through the worst two years of trading along with everybody else, and the pressure just kept building, and we tried to find some solutions, and every single solution that I’ve exercised has fallen through,” she said.
“Our cost of goods have increased, our wages have increased, your rent keeps increasing, spending has recovered a bit and then dropped…