Company behind fallen Noosa restaurants, Bix Investments Pty Ltd, brings in liquidators
New figures have been revealed in the collapse of the company behind a series of Noosa restaurants, which all unexpectedly closed down earlier this month leaving employees “dumbfounded”.
Sunshine Coast
Don't miss out on the headlines from Sunshine Coast. Followed categories will be added to My News.
Debt figures have been revealed in the collapse of the company behind a series of Noosa restaurants, which all unexpectedly closed down earlier this month leaving employees “dumbfounded”.
The company, Bix Investments Pty Ltd, traded under four business names according to the Australian Business Register including Frenchies Brasserie, Frenchies Brasserie Qld, JD’s Chicken Co Qld and Apero Noosa.
An Australian Securities and Investments Commission notice revealed Bix Investments brought in liquidators on August 7, 2024, the same day the three Noosa-based restaurants unexpectedly shut their doors.
ASIC documents list Sydney restaurateur David Singer as the director and secretary of Bix Investments, which was first registered in February this year.
Liquidator Nicarson Natkunarajah was appointed to wind the company up and released the first report to creditors on Wednesday.
The liquidator’s report stated there were currently 25 known creditors owed money by Bix Investments, largely food suppliers, with the estimated debt figure sitting at about $65,000.
A staff member, who wished to remain anonymous, previously told this publication employees of the venues Frenchies Brasserie Noosa, Apero Noosa and JD’s Chicken Co were emailed on the morning of the closure, informing them the restaurants and bar had closed.
“Everyone’s dumbfounded. There’s been no notice given, just an email early this morning,” they said.
Mr Natkunarajah was also appointed as the liquidator of Mr Singer’s other company, JD’s Chicken Co Pty Ltd, on August 7, 2024, which had previously traded as Frenchies Brasserie Manly pty Ltd.
According to the creditor’s report, Mr Natkunarajah was appointed to liquidate another two of Mr Singer’s hospitality companies in May last year, Brasserie Wine Australia Pty Ltd and Frenchies Brasserie Australia Pty Ltd.
The voluntary administration of Mr Singer’s separate company, Frenchies Brasserie Noosa Pty Ltd, in March this year revealed a debt of $1.1m, according to the ASIC documents.
Mr Singer has been contacted for comment.