The Directors of FRM Café Pty Ltd T/as The Orchard Penrith appointed Mr Graeme Beattie of Worrells, as Administrator of the Company at a meeting held on 16 December 2024.
Mr Beattie said:
“The Orchard is one of Western Sydney’s premier hospitality venues.
This decision comes after a period of challenging market conditions, including rising operational costs, changing consumer behaviour, and reduced discretionary spending, which have all contributed to an unsustainable financial position.
“I am presently undertaking an urgent financial analysis of the Company’s trading performance and viability.
Whilst the administration is in its infancy, I intend to trade the Company’s business on a “business-as-usual” basis.
I look forward to working with all key stakeholders to ensure the Company’s financial viability going forward”.
Fedlallah Hallani, a director of the Company, says:
“This has been an incredibly difficult process, and I appreciate the impact of the administration has on our employees, suppliers, and loyal customers.
During the administration, we will work closely with the Mr Beattie and the team at Worrells to ensure the best possible outcome for all stakeholders.
Whilst this is a challenging time, we remain committed to exploring all options to ensure the future of the business.
We value and appreciate the ongoing support during this process”.
–ENDS–
Graeme Beattie
Principal, Worrells
Western Sydney Office
graeme.beattie@worrells.net.au