Overview
- Receivers Ankura said the group will transition to a controlled wind‑up from 16 June 2026 and will close its 62 company‑owned stores while continuing to trade remaining stock as they seek buyers for assets and the brand.
- About 500 staff face redundancy and receivers have pledged that employees will be paid their full accrued entitlements, redundancies and termination payments in the ordinary course of separation.
- A creditor‑backed deed of company arrangement led by secured lender Gordon Brothers, which included a $5 million recapitalisation and a modest return for unsecured creditors, collapsed after landlords and suppliers would not accept the proposed trading terms.
- Customers can redeem gift cards only until 30 June and only under a condition that requires $2 in new spending for every $1 of card value redeemed, after which cards will no longer be honoured.
- Barbeques Galore entered voluntary administration in February with more than $30 million in losses over three years, and receivers say franchisee‑owned stores (27 locations) will continue trading for now under transitional arrangements.