The owners of Melbourne’s 24-hour Greek restaurant Stalactites is to buy two Jimmy Grants souvlaki outlets that were part of Made Establishment, the business organisation that was part-owned by George Calombaris.
Sources speaking to Neos Kosmos confirmed that the Stalactites Group that owns Stalactites on Lonsdale Street will buy the two former Jimmy Grants outlets – one outlet being at the Emporium shopping centre, in central Melbourne, and the other in Fitzroy.
The Melbourne newspaper, The Age, reported that the two shops would continue to serve souvlaki under the Hella Good banner – the first outlet under that name opened in Melbourne’s Elizabeth Street four years ago.
READ MORE: 50 expressions of interest for George Calombaris’ restaurant empire
The proposed sale of the two outlets was carried out on Thursday by administrators KordaMentha who are handling the assets of Made Establishment which went into voluntary administration this week.
According to The Age report, Craig Shepard from KordaMentha said that there had been more than 30 enquiries for the Jimmy Grants stores.
As well as the two Jimmy Grants outlets bought by Stalactites, buyers were also found for three former Made suburban outlets in Brunswick East, Kew and Brighton. The sales were made subject to consent from the landlord.
Five other Jimmy Grants outlets remain unsold – these include the Elektra restaurant in Melbourne and Hotel Argentina in Williamstown.
A second creditors’ meeting is scheduled for 17 March and Korda Mentha reportedly advised that expressions of interest should be expressed directly to “relevant landlords”.