The popular burger chain Getta Burger entered liquidation on Thursday, which has resulted in 107 staff members in search of a new job as 14 locations across brisbane shut their doors.
The burger chain owes upwards of $500,000 in payroll tax, and BRI Ferrier liquidator Ian Currie believes there are other tax debts.
Mr Currie told news.com.au lease agreements connected to the 14 locations are another âone of the other large liabilitiesâ.
Getta Burger founder Brent Poulter set up the burger chain with his wife, Amy Poulter, in 2014.
Mr Poulter said the reasons behind the burger chainâs downfall were inflation and the associated rising food costs.
In a statement he said: âLike many small businesses across the state and the country, our stores have felt the full impact of the rising cost of living.â
Mr Poulter said food costs have risen considerably with customers no longer spending on takeaway food, noting the location of the stores are within a mortgage-belt area with many young families.
âAlthough this decision was an extremely difficult one for me to make – personally and professionally – it came after a thorough evaluation of the businessâs operational costs and our future viability.
âAn example of rising costs across…
