Pie Face
For other uses, see Pieface (disambiguation).
Subsidiary and franchise system | |
Industry | Restaurant |
Founded | 2003 |
Area served | Australia, Japan, New Zealand, Singapore, Malaysia, Philippines, Thailand, United States, South Korea |
Products | Coffee, pies and soft drinks |
Website |
www |
The Pie Face chain was founded in 2003 in Sydney. It predominantly sells various type of pies and coffee.[1]
Financial troubles
In November 2014 Pie Face entered voluntary administration, facing legal action both in Australia and the US.[2][3][4] The firm secured financing in December 2014 and will continue trading. However, its focus will be shifted mainly to wholesale and retail sales.[5]
The chain has also operated in New Zealand under a franchise agreement since 2013, although several stores opened there have since closed down.[6]
Pie Face went in receivership again in late 2016, and closed eleven company-owned stores. As at 24 November 2016 approximately 26 franchised stores remained open.[7]
See also
References
- ↑ "Pie Face Menu". pieface.com.au. Retrieved 14 July 2015.
- ↑ Keating, Eloise (24 November 2014). "Pie Face plunges into administration". smartcompany.com.au. Archived from the original on 24 November 2014.
- ↑ Redrup, Yolanda (8 April 2014). "Pie Face in legal action, as former franchisee seeks $800,000 for misleading conduct". smartcompany.com.au. Archived from the original on 8 February 2016.
- ↑ Keating, Eloise (1 December 2014). "Pie Face under attack as disgruntled builder sues US arm over unpaid bills and receivers appointed". smartcompany.com.au. Archived from the original on 14 January 2015.
- ↑ Heffernan, Madeleine (31 December 2014). "Fast-food chain Pie Face on the rise". The Canberra Times. Fairfax Media.
- ↑ Murphy, Jason (13 January 2013). "Franchisees to sue Pie Face". Stuff.co.nz. Fairfax New Zealand Limited.
- ↑ Mitchell, Sue (24 November 2016). "Pie Face goes up for sale after second collapse in two years". The Canberra Times. Retrieved 24 November 2016.
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