Boujee’s Chester bar is saved after being bought out of administration

manchestereveningnews.co.uk:

The Chester branch of Boujee, the bar chain which was co-owned by Real Housewives of Cheshire star Lystra Adams, has been saved. It means that all 32 people on the bar’s staff will keep their jobs, after it was bought out of administration.

According to Cheshire Live, one of the company’s founding partners, Minesh Parekh, has acquired the Chester bar. The company has had to shutter branches in Liverpool and Manchester - its bright pink bar and restaurant on Bridge Street - in recent months after running into financial problems.

The Manchester bar has been closed since the beginning of the month, although the closure is claimed to only be ‘temporary’. The Liverpool branch, at the Liverpool One centre, closed in July. The future of the Manchester branch currently remains uncertain.

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Lisa Moxon, of administrators Dow Schofield Watts Business Recovery, said: "The hospitality sector has faced tough times during and since the pandemic which have taken their toll on the Boujee business.

“The company’s initial trading was positive despite the Covid restrictions at the time, although during the lockdowns it made a loss and as a new business, was unable to access the majority of Covid support packages available.

“In late 2021, the Liverpool venue was failing to achieve its expected turnover which resulted in significant cash-flow difficulties. These were compounded by increases in food and drink costs which could not be passed on to customers.

"Despite the closure of the Liverpool restaurant and efforts of the directors, the company’s financial position has continued to deteriorate with turnover continuing to fall. Having