The franchisor behind mattress retailer The Mattress Superstore has been placed in liquidation, although the chain’s stores in Queensland and Victoria are still operating.
Geoffrey Handberg, of Rodgers Reidy in Melbourne, was appointed as liquidator of Mattress Supermarket on July 13. He was not available for comment this week.
A creditors’ meeting for TMS Franchising is scheduled for July 29.
There are five owner-operated Mattress Supermarkets in Australia: four in Queensland and one in Melbourne.
The stores â€“ Jindalee, Windsor, Bundall and Capalaba in Queensland, plus Mentone in Victoria â€“ are separate trading entities and are continuing to trade. Read more.
Millions of people retire in poverty - but it doesnt have to be this way!
A internet marketing business system designed for you to be successful in your online business.
Amazing opportunity for only $500 in an industry that is prime for sales.
Make residual income by providing online page one organic results that every small business needs to grow.
Earn recurring monthly payments selling mobile websites and apps to local businesses.
What could be better than earning up to 100% commission on the sales of exciting cruise and destination vacation packages?
Start a local Social Media and online reputation business. No experienced needed! Only $99 to get started.