Matt Docherty shut his failing hair and splendor chain past 7 days but even now drives a 2020 Mercedes AMG.
The operator of a troubled splendor and hairdressing chain that has been given almost $450,000 in wage subsidies is inquiring for respiratory space as he and his spouse generate all-around in vehicles worth about $300,000.
Mathew Docherty and his wife, Diane, very own 4 hair salons and 7 natural beauty clinics in Christchurch, Timaru, Dunedin and Nelson through their providers SKT Salons and Sun Kissed Tan.
After months of money difficulties, Docherty quickly shut the chain past week, telling the staff not to appear to perform. At conferences held on Friday he advised beauty clinic personnel customers, some of whom are owed weeks of wages, that he would pay back them on Friday if they came to function this Monday. He announced the hair salons would shut.
Docherty, 39, and his spouse personal 3 automobiles possibly separately or by means of Sunlight Kissed Tan: a black 2019 Ford Mustang GT, a 2021 Porsche Macan and a 2020 Mercedes AMG. The Mustang is for sale on Trade Me with a starting value of $105,000.
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The chain went by means of a immediate enlargement section in 2020 and 2021. At the same time Docherty and his spouse bought a property in Casebrook, in north Christchurch, now valued at $1.3 million.
On Friday, Docherty explained to Stuff that neither staff nor lenders would be left out of pocket. However, one particular of his landlords who was owed a few months’ rent on a Christchurch salon was sceptical.
“I would not set any stick in his guarantees of payment,” she explained.
Seven firms across NZ are implicated so far. (Movie to start with printed May perhaps 09, 2022)
Two other landlords also advised Stuff that Docherty was behind on rent. 1 landlord claimed he experienced rented premises to Docherty, but since of a 6-month lease-free time period and other expenses, he experienced gained only one month’s lease.
Docherty said on Monday that 6 of his seven magnificence salons had been open and personnel would be paid for the past 7 days on Friday. He said he was striving tough to help save his elegance company and had put his Mustang up for sale to release some income. The other cars may well be marketed depending on guidance, he reported.
“It’s a obstacle, but the beauty facet of company has also been financially rewarding.” He stated salon team would not receive any redundancy payment.
He was moving out of his head business in Homersham Position, Harewood, immediately after achieving “terms” with his landlord, he claimed.
Sunshine Kissed Tan gained $441,000 in Covid-19 wage subsidies from the Ministry of Social Enhancement in a variety of instalments for among 10 and 46 employees.
Docherty said the business experienced been investigated after a complaint and been cleared.
Docherty is no stranger to enterprise troubles. He earlier owned a unsuccessful wrestling marketing company that was ridiculed just after a disastrous occasion in 2017 in Nelson. He has highlighted on the television programme Honest Go numerous times, and has experienced Employment Relations Authority decisions go from him.
A splendor therapist who requested not to be named explained the newest disaster started off when a sale of the chain fell by means of final week. Some personnel users then did not obtain their pay back, she reported.
The worker claimed most of the competent hair stylists would be ready to get work straight absent, but apprentices may struggle.
Beauty therapists, particularly the ones straight from coaching programs, may well also have problem obtaining a different position, she explained.
Although Docherty had instructed Things no employees would be still left out of pocket, most people did not believe him, she said.
The lady claimed she went to operate on Monday regardless of the dilemma mark over no matter if she would be paid.
“Lots of our clientele have grow to be our mates and we never want to enable them down,” she said.