Beanscene, the Scottish coffee shop chain, has filed for liquidation and is expected to close its 10 branches this week.
Solicitors for the firm have appointed KPMG to act on the liquidation proceedings which are expected to begin next week unless it is challenged, Herald Scotland reports.
The accounts filed by Beanscene show losses of of £171,000 as of December 31 2012.
At its most sucessfult he coffee shop chain had 16 outlets across Scotland. In 2008 the company was sold to the owners of the Fifi and Ally restaurant group, after the company was placed into administration at the end of July that year.
In April this year Stuart McKenzie, the Scottish leisure entrepreneur, acquired the then 10-strong coffee shop group and the Fifi and Aly cafe businesses from Fiona Hamilton.
Solicitors for the company have filed a petition with the Paisley Sheriff Court for Beanscene to be wound up.
