Sizzler first originated within the US in 1958, starting as a self-service steakhouse earlier than increasing into the all-you-can-eat providing related to the model right now.
Its first Australian retailer was opened by Collins Foods in 1986, the place it gained important reputation, particularly all through Queensland the place it was first launched.
However, since 2013 Sizzler’s efficiency has languished, and in 2015 Collins deemed the enterprise ‘non-core’ and begun to close shops in Australia, leaving it with simply 9.
Sizzler revenues contributed to beneath three per cent of Collins Foods’ complete income for the 2020 monetary yr, and the corporate flagged that some one-off prices could be incurred for the primary half of 2021.
The 9 Sizzler shops set to shut are in Queensland at Mermaid Beach, Loganholme, Toowoomba, Maroochydore and Caboolture; in Western Australia in Innaloo, Kelmscott and Morley; and in New South Wales in Campbelltown.
“Closing eating places will not be one thing we do usually and never a call we take evenly, particularly for a
model as beloved as Sizzler, which has been such an vital a part of the Collins Foods’ historical past,” Mr O’Malley mentioned.
“We are extremely grateful to our dedicated employees, suppliers and customers for their support and look forward to engaging with them through our other brands as Collins Foods’ overall growth story continues.”
The Sizzler model will stay on in Asia nonetheless, with Collins urgent forward with its plans to develop the restaurant chain within the area.
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