Seven iconic venues along Hobart’s waterfront and suburbs suddenly shut after the owners made a difficult decision to enter voluntary administration.
Administrators Apex Advisory will try to find a new owner for seven venues owned by Pub Banc Group and Hotel Banc Group across Hobart.
The group employs more than 80 people at some of the city’s most well known establishments including Cargo Bar Salamanca, Jack Greene, Observatory Bar, Franklin Wharf Restaurant and Bar, the Franklin Wharf Function Centre, Republic Bar and Post Street Social.
The Cargo Bar posted on social media the decision has resulted in the immediate closure of all the Groups’ venues and they were unable to host any upcoming reservations, private functions or…