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Brisbane restaurateur closes two 'financially unfeasible' inner-city venues A Brisbane restaurateur has announced three of his businesses will not reopen after the festive season shutdown because they have become "financially unfeasible". In a statement on Friday, NKB Group owner TJ Peabody said it was "with a heavy heart" he announced Burnt Ends Kitchen & Bar, Nativo Kitchen & Bar and Nantucket Catering would close their doors for good. He emphasised the venues were not bankrupt, promising payments and redundancies to all staff as well as full cash refunds for any customers with outstanding Mortgage broker Oak Laurel Carseldine, 0430 129 662 gift cards. “Our goal for both restaurants and the catering business was always to over-deliver on customer Mortgage brokers Brisbane South her explanation expectations,” he said. “While we firmly believe we achieved that, the challenge we had was matching our goal with the costs involved. It simply became financially unfeasible. “We have many bright stars and enthusiastic, loyal employees on our books and it’s our number one priority to get those people their payments and redundancies to support them on the next stage of their career journeys." Both restaurants were located on Petrie Terrace in Brisbane City opposite The Barracks. According to the statement, Mr Peabody's remaining venue, NKB Express at Indooroopilly, remained for sale and would continue trading until a new owner was found. The latest closures spell the end for Mr Peabody's Brisbane ventures, which began with the opening of Nantucket Kitchen & Bar at Indooroopilly in May 2014.

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