CJ’s Group - Voluntary Administration

CJ’s Group, a group of companies that own and operate 24 Carl’s Jr. stores across Australia, entered voluntary administration on 29 July.

Unfortunately, administrators David Hardy, George Georges and Emily Seeckts of KPMG have advised that, following an urgent assessment of the business, 20 stores would be closed effective immediately, while they currently intend to continue trading four stores. The list of continuing and closing stores can be found at appendices B and C to the administrators’ first circular to creditors.

The administrators have also advised that they will be conducting an immediate sale process of the existing store network and operations. Hundreds of jobs are expected to be impacted.