Japanese restaurant chain Okami puts 16 venues into voluntary administration

A preferred all-you-can-eat Japanese restaurant business has actually placed 16 of its venues throughout Australia into voluntary administration, with its owner mentioning postponed expenses from the pandemic and rising inflation.

Okami services at Braddon and Mawson in the ACT; Cronulla, Camden, Dubbo, Marrickville, Sutherland, Pennant Hills, Penrith, and Wagga Wagga in NSW; Camberwell, Ballarat, Hampton, Melton, and Sunbury in Victoria; and Glenunga in South Australia are currently under administration.

The family-style dining establishments use greater than 30 various recipes on an all-you-can-eat food selection at greater than 50 areas throughout the nation.

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Grant Thornton’s Philip Campbell-Wilson and John McInerney were recently assigned joint managers for the 16 dining establishments, which utilize about 250 team.

Campbell-Wilson verified the dining establishments will certainly proceed …