Frankie's Slice Shop announces permanent closure after two years in business

Pizza shop said it was 'widely known' how difficult it was to run a food business in Cork City in the current climate
Frankie's Slice Shop announces permanent closure after two years in business

Frankie's Slice Shop. Pic: Joe McNamee

Popular pizza shop Frankie's has announced its permanent closure less than two years after first opening. 

Located on the South Mall in Cork City, the company posted on its social media on Monday: "It’s with great sadness and a heavy heart that we have decided to no longer continue with Frankie’s.

"We're extremely proud of what we have achieved in such a short time giving it our all to serve quality pizza to the public of Cork.

Thanking its staff and supporters, the shop added that it was "widely known" how difficult it is to operate a food business in today's current climate in Cork City, which "ultimately led to this decision."

The shop concluded by saying it would see its supporters "in the next venture."

Frankie's first opened in May 2023 following "two years in the making," the slice shop previously said. 

It marks the second closure of a food business in Cork in the new year, with the long-standing Douglas bar East Village announcing it would be saying goodbye after more than two decades in business.

Speaking to the Irish Examinerin January, co-owner Derry O'Regan said the business is being transferred to new owners who have "big plans" to renovate and relaunch.

The number of food business closures has skyrocketed in the last year, with the incoming government intending to cut the VAT rate to 9% for food-based hospitality, entertainment and hairdressing in the next budget following months of heavy campaigning from industry groups. 

According to the Restaurant's Association of Ireland (RAI), It is estimated that more than 600 food businesses closed permanently in 2024, with the business group pinning the surge in closures to the industry VAT rate of 13.5%.

A collection of the latest business articles and business analysis from Cork.

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