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Former Mad Butcher store placed in liquidation facing high costs and low margins - 16th May 2017

Former Mad Butcher store placed in liquidation facing high costs and low margins

A former Mad Butcher franchisee was not making enough money due to rising costs and low profit margins, liquidators say.

The company which formerly operated the Mad Butcher store in Papanui, Christchurch, went into liquidation last week.

Insolvency Management liquidator Wayne Deuchrass was appointed the store's liquidator last week, but at the time said it was too early to say what had happened.

Read the article here.

Article by : HAMISH MCNICOL Last updated 16:38, May 16 2017 Stuff

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