Stonewood Homes

PHOTO: Hamilton local Ajit Singh. WBN

A Stonewood Homes Waikato franchisee goes in liquidation as a result of less building activity and not paying their franchise fees.

Ajit Singh has had three companies go into liquidation in the past month. During his 17-year career in franchising and hospitality, Singh was an area manager for Burger King, Restaurant Brands Ltd and Nando’s, and operations manager for Mad Mex NZ. Singh’s wife Nav, a real estate agent, was also heavily involved in the business.

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