Two Australian entrepreneurs acquired the business from Allchurch in November 2008.
Wilder Coe, the accountancy group, has been appointed as the administrators and Currell Commercial, the chartered surveyors, is marketing Fresh Italy's three London restaurants, all of which are now closed.
These include Goring Street, with a rent of £75,000, King William Street, rent £80,000 and Ludgate Hill, with a rent of £105,000.
Premium offers are invited for the businesses.
Founder Allchurch disposed of the business more than a year ago but retained one unit at Lakeside shopping centre that trades as Pasta Italia.
BigHospitality understands there has been limited interest in the three remaining sites.
Martyn Leek is news editor of BigHospitality's sister publication M&C Report.