Cold Rock Franchisee Forced into Business Liquidation

A Queensland couple forced to place their Cold Rock Ice Creamery franchise into business liquidation are the latest to join a growing group of disgruntled franchisees unhappy with the lack of support from their franchisors.

Aaron and Kylie Gibson who bought their franchise store in December 2010,blame their need for business liquidation on their franchisor, who they claim did not respond to the couple’s “countless” emails and phone calls regarding their concerns about the business’s declining financial position.

The final result? The couple had to file for business liquidation after failing to find a buyer for the business, despite dropping the sale price to just $9000.


The Gibsons said they had also come close to losing their home and had invested a significant amount of their own money in an attempt to keep their insolvent business afloat.

If your franchise has also been forced to face business liquidation, Australian Company Liquidations (ACL) can make the process of winding up your company easier. We are a team of fully licensed and registered liquidators who are experts in the field and specialise exclusively in business liquidations.
Understanding the financial stress of business liquidations, we offer our services at the lowest price.

Contact us today on 1800 981 070 for more information on our services.