Masterchef Couple Having Financial Woes
Chris Badenoch and Julia Jenkins from Masterchef Australia season one are undergoing tough times in the restaurant industry with their much praised bar/eatery Josie Bones.
The Herald Sun is reporting not only do they owe the tax office money they are under significant financial pressure.
The Herald Sun reports:
The Series One stars admit they’re under severe financial strain as they nurse their Collingwood restaurant and bar, Josie Bones, through an industry-wide downturn.
The Australian Tax Office has served meat and beer purveyor Badenoch with a writ seeking to recover about $125,000 for bills dating back to June 2011.
Eating further into profits is the strong competition on hipster strip Smith St – including a new souvlaki joint just 500m away from MasterChef judge George Calombaris.
The culinary couple admit things are tight but, newly married, they’re determined to tough it out together.
“How it’s portrayed on TV and reality are quite different,” says Badenoch of running a restaurant.
“It all looks awesome on TV, but the really horrible side of (hospitality) is it’s tight and getting tighter.
They are determined to battle through:
Twice-bankrupt, Badenoch says he has learnt lessons from his previous run-ins with corporate regulators and is facing his financial problems front-on.
“The lesson you learn is you deal with it better. Deal with it, not let it go. We’re going to deal with it and keep moving,” he says.
The newlyweds – who had a wheel of cheese instead of a cake at their simple ceremony in Daylesford last month – haven’t had time or money for a honeymoon, and are working seven days a week.
But the pair are optimistic things are picking up, and are hopeful of striking a deal with the tax office in coming days to negotiate a payment plan.
They have had a string of equipment failures and breakdowns, with repair bills adding even more strain.
Hopefully they come out the other side of this financial mess.