A popular burger chain has collapsed with the owners blaming back to back interest rates for the decision to shut up shop.
Wing Fix closed its two venues in Coorparoo and Newmarket, in Brisbane, in November.
Owners Peter and Ross Jacobi have been left devastated with Mr Jacobi admitting the past five years had been difficult.
‘You probably couldn’t write a worse run for hospitality in particular, but small business or even business in general,’ Mr Jacobi told the Courier Mail.
‘It’s been really tough the last five years, but in particular the last two years, since back to back interest rate rises, which is something that the hospitality industry or small business haven’t really had to go through.’
Mr Jacobi said the brothers have been left heartbroken following the collapse of the popular eatery due to soaring operational costs.
The siblings started the restaurant out of a market stall seven years ago.
Wing Fix closed its two venues in Coorparoo and Newmarket, in Brisbane, in November (pictured Wing Fix store)
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