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It is not each day {that a} F&B enterprise closure story will get a cheerful ending.
A beloved stalwart, Pantler, introduced in early August that it’s going to shutter by the tip of the month until they might discover somebody to take over the enterprise.
To their shock, they really managed to tug it off.
“We were approached by several parties interested in taking over or investing in the business,” Pantler stated in an Instagram publish on Thursday (Sept 3).
“And after many (many) conversations, we’re very happy to say that it has been confirmed that Pantler will continue.”
The 12-year-old River Valley patisserie, recognized for its Japanese-French bakes, added that “many familiar faces will remain” and that they will proceed producing objects that their prospects know and love.
In an interview with The Business Times, proprietor Matthias Phua stated that the particular person taking up the enterprise is new to F&B, however cannot reveal greater than that now because the deal remains to be going by authorized processes.
Matthias added that he and his co-founder Tomoharu Morita might be handing over possession to the unnamed backer. However, the core pastry workforce, together with sous chef Ling Tian Wei, will stay.
“There are no plans to move and the existing tenancy will continue,” he instructed BT. “Business will operate as normal during the transition.”
After Pantler’s closure announcement in August, an enormous wave of assist got here pouring in, leading to lengthy queues exterior the store and lots of netizens providing their help.
“If there’s anything we can do to keep Pantler open, please let us know,” one remark learn, whereas one other acknowledged: “I hope the chapter can continue somehow, super crushed to hear this”.
This led to Pantler extending their supposed final day of operations on Aug 30 by every week.
“We’ve decided to extend our final day. Pantler will now remain open until Sept 6,” it wrote in an Instagram publish dated Aug 26.
“We know many of you have been hoping to visit us once more, so we wanted to give you an extra few days to stop by. And perhaps, a little more time for us too.”
Turns out, the assist and time extension was what it took for Pantler to safe the business-saving funding.
Pantler first opened in 2014 at Telok Ayer Street and have become recognized for bakes similar to their signature Swiss rolls, chocolate hazelnut muffins and strawberry shortcakes. It moved to its present premises in 2021 and has been there since.
AsiaOne has reached out to Pantler for extra info.
Address: 474 River Valley Road, Singapore 248359
Opening hours: Tue-Sun, 10.30am to six.30pm (Closed on Mondays)
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dannon.har@asiaone.com
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