100% Locally Owned, Independent and Free

100% Locally Owned, Independent and Free

Money problems skittle three popular haunts along foodie strip

Do you have a news tip? Click here to send to our news team.

Flood rescue and lightning strike after night of heavy rain

A person has been rescued from floodwaters and another was struck by lightning after wild weather hit the Sunshine Coast. ANZAC Day commemorations went ahead More

Lest we forget: Coast pauses to remember on wet ANZAC Day

Across the Sunshine Coast this morning community members have gathered to pay heartfelt tribute to past and present servicemen and women as part of More

Never forgotten: veteran’s mission to keep ANZAC spirit alive

Every year on April 25, Australians and New Zealanders commemorate those who have given their lives, fought on the frontline, served in the Armed More

ANZAC Day: where you can attend services on the Coast

This Friday the country will stop to remember the sacrifice and bravery of Australian and New Zealand servicemen and servicewomen, past and present. April 25 More

Easter feast: python devours possum at busy beach

A slithery creature has enjoyed quite the Easter feast while stunning visitors at a popular beach over the recent long weekend. Passers-by were stopped in More

‘Ongoing challenge’: group works towards reliable harbour access

The state's waterways authority says it is doing what it can to address persistent shoaling at the entrance to the Sunshine Coast's main harbour. Maritime More

Three Noosaville hospitality venues have closed their doors suddenly after several of the owners’ companies cascaded into a mixture of administration and liquidation.

JD’s Chicken Co and Apero Noosa, at 203 Gympie Terrace, Noosaville, and Frenchies Brasserie Noosa, at Thomas Street, Noosaville, have all shut.

People identifying themselves as employees said on social media that they received no notice of the closures, only a simple email with no explanation.

JD’s Chicken, Apero and Frenchies were owned by David Edward Myer Singer, of Dee Why, Sydney.

Frenchies Brasserie Noosa was placed into administration in March with debts of more than $1.3 million, according to documents lodged with ASIC, while JD’s Chicken Co went into liquidation on August 7.

At that time, the debts of Frenchies Brasserie Noosa, which leased Apero’s premises, included more than $360,00 to the tax office, $160,000 to a landlord and thousands to employees, including one owed about $16,000.

Help us deliver more news by registering for our FREE daily news feed. All it requires is your email at the bottom of this article.

Mr Singer owed more than $367,000 and another company owned by him, Fitzroy Nominees, owed a total of close to $1 million.

Administrator Nicarson Natkunarajah, of insolvency firm Roger and Carson, in a report to creditors in April, said he had formed the view the company may have been trading while insolvent.

According to the report, the reasons for his view included the company’s losses of $1.25 million and $72,000 in in the 2021-22 and 2022-23 financial years, shortfalls of assets to liabilities over four years, including $1.43 million as of March this year, a tax office penalty notice, and that employee superannuation remained outstanding.

Creditors who attended a meeting in May agreed to a deed of company arrangement with a view to receiving 27 cents in the dollar for the money they were owed.

Australian Securities and Investment Commission notices and documents indicate Mr Singer may have had business problems for months.

Fitzroy Nominees has ownership of Frenchies Brasserie Australia, Brasserie Wines Australia and Bix Investments.

Frenchies Brasserie Australia went into administration in May last year and a decision was made in June to wind it up.

Brasserie Wines Australia went into liquidation in May before a decision was also made in June this year to wind up the company.

Bix Investments went into liquidation on August 7 and a wind-up notice was lodged with ASIC the following day.

Apero’s business affairs had been transferred to Bix, according to the April administrator’s report.

Mr Singer was contacted for comment through email but had not responded at the time of publication.

A person who previously worked with Mr Singer on a couple of projects was surprised at the “sad news” and said times were tough.

Help keep independent and fair Sunshine Coast news coming by subscribing to our FREE daily news feed. All it requires is your email at the bottom of this article.

Subscribe to SCN’s free daily news email

Hidden
This field is for validation purposes and should be left unchanged.
[scn_go_back_button] Return Home
Share