A Newcastle icon has closed its doors for the final time on Monday, 24th September 2018 as Darby’s Pies shut up shop at its 27 stores as well as its Gateshead bakery.
The closure leaves 120 staff out of a job, with the business now in the hands of liquidators.
Darby’s had become somewhat of a Newcastle icon, established in 1969 it became famous for selling $1 pies.
Liquidators briefing Darby’s Pies employees made redundant after the business closed – Sam Burbury (@SamBurbury) September 24, 2018
The success of small businesses in the Newcastle and Hunter regions is paramount and Small Businesses generally are vital to the NSW economy as well as playing an integral role within our community fabric.
This devastating closure raises the importance of regular financial interaction with your accountant to avoid a similar fate. Businesses within the Accommodation & Food Sector had the lowest survival rate – just 54.6% – of any industry in Australia last year. With over 93% of Hospitality outfits being small businesses, it is essential for any professional advice to be current, focussed on small business and with an understanding of the unique challenges of the industry.
If you want your small business to avoid a similar fate to Darby’s Pies, call us today on 02 49694699 or email email@example.com to arrange an obligation free appointment.