Sixteen restaurants managed by the all-you-can-eat Japanese restaurant business Okami have entered voluntary administration, as its founder contends with delayed COVID-era costs and rising inflation.
Documents listed by the Australian Securities and Investments Commission (ASIC) show businesses corresponding with Okami locations across Victoria, New South Wales, South Australia, and the ACT are now under administration.
The businesses include venues in:
- Braddon, ACT
- Mawson, ACT
- Cronulla, NSW
- Hampton, VIC
- Marrickville, NSW
- Melton, VIC
- Camden, NSW
- Dubbo, NSW
- Sutherland, NSW
- Pennant Hills
- Penrith, NSW
- Glenunga, SA
- Wagga Wagga, NSW
- Camberwell, VIC
- Sunbury, VIC
- Ballarat, VIC.
Three…
Read the full article at: https://www.smartcompany.com.au/industries/hospitality/okami-voluntary-administration-restaurant-hospitality/