Kleenmaid confirms it is not conducting a fire sale

By James Wells

SYDNEY: Kleenmaid managing director, Andrew Young, has confirmed that his business is not up for sale.

Young said he has recently received phone calls from several members of the industry to ask about the alleged sale.

“I am not sure who is spreading these rumours of a sale, it is definitely not the case, yet everyone keeps calling me about it,” Young said.

“If you find out who is buying my business, let me know where I can go and pick up the cheque,” Young told Current.com.au.

Rather than closing his business, Young confirmed he will be opening a new store at Brookvale on the northern beaches in Sydney.

“The fit out is commencing in the next couple of weeks and I expect it to be open in two to three months.”

Two weeks ago, the Kleenmaid store at Bundall was gutted by fire which police were treating as suspicious due to suspected arson. Following the fire, Queensland Police guarded the site as investigations continued.

According to a report filed by AAP, the fire which broke out early on Sunday 16 July caused extensive damage to the Gold Coast store on Upton Street with a large amount of stock damaged by smoke and water.

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