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Tella Balls’ Penrith and Liverpool stores liquidated By ASHLEY NICKEL FOR DAILY MAIL AUSTRALIA Published: 07:38 BST, 17 April 2025 | Updated: 08:07 BST, 17 April 2025
Two franchises of a beloved dessert chain have gone into liquidation with tens of thousands of dollars of debt.Tella Balls’ Penrith and Liverpool stores in west Sydney appointed liquidator Steven Naidenov of Aston Chace Group on Tuesday.The other Tella Balls franchises, which are famous for their donut-based sweets, have not been affected. Tella Balls’ Nutella-filled doughnuts and their signature Tella Ball milkshake became a staple for Sydney foodies after opening its doors a decade ago. Preliminary investigations revealed creditors of Tella Balls Penrith are owed in more than $50,000, the Daily Telegraph reported.It is understood a dispute with Tella Balls’ landlord worsened the stores’ financial situation. Aki Daikos and Simon Kappatos created the Instagram-famous business following Mr Kappatos’ successful cafe Foodcraft Espresso in Erskineville. The pair, who worked together for around 14 years before setting up Tella Balls, focused on quality and authenticity. ‘We have travelled quite a lot and what we wanted to do here is to create a European inspired dessert bar where you can watch everything be made in front of you, from the crepes and waffles, to the fresh gelato out the back,’ Mr Daikos told Daily Mail Australia in 2016. ‘This has been our dream. We really have a vision to create an authentic experience and can not wait to open our doors.’ More to come… Tella Balls’ Penrith and Liverpool stores have entered liquidation Tella Balls has been a favourite of Sydney foodies for a decade
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Beloved Sydney dessert bar franchises collapse leaving loyal fans devastated
