Cash flow, Finance

Eagle Boys closes 13 company owned stores after head office enters voluntary administration

Broede Carmody /

Eagle Boys

Source: AAP Image/Dave Hunt

Thirteen company-owned Eagle Boys stores will close for the final time today, after the pizza chain’s head office collapsed into voluntary administration.

The company owned stores are located in Queensland, New South Wales and Western Australia.

“The focus remains on maintaining business as usual and continuing with negotiations for a sale of the business,” administrators SV Partners said on behalf of Eagle Boys in a statement this afternoon.

“The administrators are pleased to advise they have received enquiries from a number of interested parties since their appointment on Thursday 14 July and are hopeful of a swift sale.”

David Stimpson and Terrence Rose from SV Partners were appointed as administrators for Eagle Boys Dial-A-Pizza Pty Ltd on the evening of Thursday, July 14.

Also included in the appointment are related companies Eagle Girls Pty Ltd, EBA Pizza Holdings Pty Ltd, EB Pizza IP Holdings Pty Ltd and EB Stores Pty Ltd.

The appointment does not include Eagle Boys franchises, which are owned by franchisees and are continuing to trade as normal.

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Broede Carmody

Broede Carmody is a former senior reporter at SmartCompany. Previously, he was a co-editor of RMIT University's student magazine Catalyst.

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