Dot Bagel’s Heaton store is set to reopen after a rescue deal was struck following the company’s’ collapse into liquidation last month.
Jesmond bakery and caf business Kennedy & Rhind has acquired the Chillingham Road outlet and says it has re-employed the majority of staff following its closure in October. Dot Bagel, which also had an Acorn Road shop in Jesmond, had been due to expand into other Tyneside sites before its demise.
Documents from liquidators at FRP show the business had liabilities of 368,775. Now, the Chillingham Road branch will reopen with expanded caf facilities and an expanded range of hot and cold drinks, as well as parties and pies.
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Read the full article at: https://www.business-live.co.uk/retail-consumer/bakery-business-rescues-dot-bagel-25659617