The company behind popular Sunshine Coast venue Solbar has entered liquidation, with debts exceeding $200,000.
Corporate filings show 147 574 310 Pty Ltd, which operated the Maroochydore venue, appointed a liquidator in a voluntary winding up after shutting its doors in February.
Co-owner Dimitris Limnatitis and director Alexander Johns said at the time that the closure came “with incredibly heavy hearts,” adding: “The decision has not been made lightly, nor quickly; we’ve fought hard right up to the point that this has become the only available option.”
“For over two decades, Solbar has been a Sunny Coast institution. It’s been a home, a community, a place where lifelong friendships were formed, where first gigs turned into careers, and where thousands of unforgettable nights unfolded.”
Documents reveal the venue owes $112,064 to landlord QIC Properties, $92,783 in legal costs related to a “PL claim”, and smaller disputed debts, including $1,533 to Coates Hire. A further $29,599 is owed in a separate legal matter.
The filings also show director Alexander Johns is owed $13,692 in annual leave, while $27,375 is owed to the company by a shareholder.
Source: Courier Mail
