Dessert chain Cowch collapses announces the closure of all stores across Queensland

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Dessert chain Cowch collapses announces the closure of all stores across Queensland

Popular dessert chain Cowch has closed after its owners were unable to find an investor.The first store opened in Brisbane's South Bank in 2014 before

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Popular dessert chain Cowch has closed after its owners were unable to find an investor.

The first store opened in Brisbane‘s South Bank in 2014 before becoming a franchise in 2019, with stores in Chermside, Mt Gravatt and Broadbeach.

Arif Memis co-founded the chain with his wife Havva Memis after moving to Brisbane from Sydney to start a new life. He took to Linkedin to share the news. 

‘It is with a heavy heart and a mix of emotions that we write this letter to inform you of the closure and liquidation of our beloved business, Cowch,’ Mr Memis wrote.

‘As founders, owners, and husband and wife team, we have poured our hearts and souls into building Cowch from the ground up, and it pains us deeply to reach this difficult decision.’

Queensland dessert chain Cowch has gone into liquidation and closed its doors after nine years following the company being unable to find an investor

Queensland dessert chain Cowch has gone into liquidation and closed its doors after nine years following the company being unable to find an investor

Arif Memis co-founded the chain with his wife Havva Memis after moving to Brisbane from Sydney to start a new life in 2014 but nine years later the company has gone into voluntary administration

Arif Memis co-founded the chain with his wife Havva Memis after moving to Brisbane from Sydney to start a new life in 2014 but nine years later the company has gone into voluntary administration

The company went into voluntary administration four months ago and in that time failed to find an investor.

‘We explored every avenue, leaving no stone unturned, in the hopes of finding a lifeline that would allow Cowch to continue serving our delightful dessert cocktails and mouthwatering desserts,’ Mr Memis said.

‘Regrettably, despite our unwavering dedication and tireless efforts, we have been unable to secure the necessary investment.’

Mr Memis thanked everyone who had been part of the journey and supported the business from its staff to its customers.

‘Cowch has been a labour of love, a dream that we nurtured and watched flourish over the years,’ he said.

‘We are immensely proud of what we have achieved and the mark we have made on the dessert and cocktail scene.’

The company went into voluntary administration four months ago and in that time failed to find an investor, announcing they will work with liquidators to 'ensure that all matters are handled with the utmost care and transparency'

The company went into voluntary administration four months ago and in that time failed to find an investor, announcing they will work with liquidators to ‘ensure that all matters are handled with the utmost care and transparency’

The Memis family says they will work with liquidators to ‘ensure that all matters are handled with the utmost care and transparency’.

‘Our aim is to minimise the impact on our dedicated staff members, loyal suppliers, and cherished customers as we navigate these uncharted waters,’ he wrote.

‘While this chapter of our lives may be coming to an end, we believe that new doors will open, bringing fresh opportunities and exciting adventures.

‘We will always cherish the memories we have created together, and Cowch will forever hold a special place in our hearts.’

Source: | This article originally belongs to Dailymail.co.uk

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