Red Fire Chicken Pot (紅火雞煲) was the sister brand of Red Fire Seafood Hotpot Specialty Shop (紅火鮮料火鍋專門店) — both operated by the same owner, Fai Gor (輝哥), in Mong Kok's Sincere Centre (兆萬中心), the mall that lost seven buffet-style restaurants in the first seven months of 2026.
The two brands ran the same operational model: all-you-can-eat, lobster and beer included, mid-range pricing designed for groups of friends splitting a big bill. The chicken-pot version leaned into the signature clay-pot format; the hotpot version leaned into the seafood and Korean BBQ angle. They shared a customer base, a building, and a cost structure.
When Fai Gor announced the hotpot brand's closure on 3 May 2026, the chicken-pot brand closed alongside it — an outcome that was structurally inevitable once the parent operation ran out of cash. The brand did not have a separate balance sheet, a separate lease, or a separate reason to survive on its own.
The paired closure demonstrated what happens when a multi-brand restaurant group runs every line on the same mall's economics: when the mall's footfall collapses, the portfolio collapses as a unit, and no single brand has the independence to live past the others.
Closed both brands on the same day because they shared one owner, one building, and one cash pool; the chicken-pot brand had no independent life to continue alone.
Red Fire Chicken Pot and its hotpot sister shared an owner (Fai Gor), a building (Sincere Centre), and a cash pool — they had no operational independence
Sincere Centre lost seven buffet-style restaurants in seven months; the building-level downturn took the entire portfolio rather than individual tenants one by one
The all-you-can-eat model — lobster, beer, unlimited time — depended on footfall that the mall no longer delivered, and the two brands split the same shrinking customer base
When the hotpot brand announced closure on 3 May 2026, the chicken-pot brand had no separate balance sheet to survive on — it followed on the same day
A sister brand that shares a parent, a lease and a cash pool is not a portfolio — it is one business wearing two shirts. When the parent runs dry, both brands close on the same day.
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The sources
- Headline Daily — 放題店結業潮2026 任食任飲都搞唔掂 7個月連執7間 旺角兆萬成重災區 stheadline.com
- HKGolden Forum — 兆萬名店「紅火雞煲」結業 老闆輝哥苦嘆:諗到頭髮都冇晒 forum.hkgolden.com
- Discuss.com.hk (archive) — 放題店結業潮2026 任食任飲都搞唔掂 discuss.com.hk