Friday, 17 July 2009

Rosehill. Hooters sale close to being finalised

The Hooters Australia restaurant chain has gone into liquidation after the administrators, RMG Partners, were called in, back in March,.for the holding company, Wingu-Aus Holdings, owing $4.8 million to creditors. The Cronulla store closed shortly before administrators moved in. The Parramatta store, on James Ruse Drive, Rosehill, and the outlet at Mermiad Beach, in Queensland, are both trading. Liquidator, Robert Brennan, said both stores were profitable with sales of both close to being finalised, according to The Australian Financial Review.