Baskin-Robbins / Cookieman shop at Brunswick & Kent Streets in New Farm Brisbane has been stripped from the owner, a Korean migrant who purchased the shop from Allied Brands, David Graham, and their Korean agent Neo Columbus (neocolumbus.com). Allied Brands is currently running the shop, and likely preparing to resell it to another poor sucker.This New Farm location was doomed from the start, in a centre with limited parking, traffic zooming past, and little neighbourhood business. Turnover was sometimes as low as $80 per day
Ads for franchisees have been running in South Korea that have phrases like "investment guaranteed" and "American Ice Cream Baskin-Robbins". These ads also guarantee Australian permanent residency under the Visa Subclass 163 program, another motivation for the purchase.
This category is for "skilled business operators". The now missing owners of New Farm were apparently not in that category - has paperwork been "dummied up" for these migrants in order to sell them a dud location?
This is not the first of the shops sold to Koreans that have been in ludicrous locations, and sold to the Koreans with residency visas of some sort.
We understand that this won't be the last Allied Brands (ABQ) hears from these Koreans. . . .
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