Fray on Fraser restaurant closed due to "partnership dispute"
On the restaurant’s website, co-owners Kyle Polanski and Chris Parry state that the nearly two-year-old family-friendly hangout has ceased operations due to a partnership dispute.
“The place was full, profitable, and much loved by Fraser Street, but unfortunately a minority shareholder recently signed a contract to sell the business, against the instructions of the majority of investors. Now we’re in a situation where we either have to sell at a loss or face a lawsuit from the buyer, who wishes to close it and turn it into a vegan restaurant, if we don’t,” reads a statement on the Fray website.
Polanski and Parry stated that they cannot provide further details until “the lawyers do their thing”.