The business behind KOI Dessert Bar in Melbourne, known for its luxurious, highly creative, and visually stunning treats, has entered voluntary administration.

The family run business, which also has two establishments in sydney, became known to the public when Poernomo placed fourth on the 2015 series of the beloved Channel 10 show.

It’s the latest in a series of blows for the popular chef, who’s business Monkey’s Corner in Sydney entered liquidation in May, according to Herald Sun.

The business, which was opened back in 2017, reportedly owed almost $500,000 to creditors at the time of its closure, including unpaid taxes.

Managing director of KOI Dessert Bar Ronald Poernomo, Reynold’s brother, told News Corp that the Melbourne venue, located at 100 Queen St, was continuing to trade during the administration process.

“KOI Dessert Bar has since begun the process of seeking a new licensed retailer to take over the Melbourne location, in line with our commitment to uphold the quality and reputation of the KOI brand,” he said.

“The site is currently under the control of an administrator, who has…