Why did hq shut down Adelaide?

Why did hq shut down Adelaide?

“This decision has been taken after a detailed review of the business, which has indicated to the Directors that the business is unlikely to generate the income necessary to enable to meet its ongoing financial obligations in a timely manner,” the statement said.

What happened Adelaide HQ?

A popular Adelaide nightclub has announced it will cease trading amid turbulent financial conditions. The directors of HQ Complex, on the city’s Hindley Street strip, announced the club would be shutting down on Tuesday. 7NEWS understands the business is likely to be placed into administration.

Why is the HQ complex in Adelaide closing?

Adelaide’s beloved HQ Complex is set to call last drinks for good. According to a statement posted today on the venue’s official Facebook page entitled “2006-2020: Thank You Adelaide, It’s Been A Hell Of A Ride”, HQ’s directors have decided to cease trading because the business isn’t bringing in enough money.

When did HQ in North Terrace Adelaide close?

“The rights to the HQ business model were acquired from the owners of the complex formerly operating very successfully under the same name for many years at 1 North Terrace Adelaide, until its closure in January 2017.”

How big is the HQ club in Adelaide?

HQ moved premises to 149 Hindley Street and opened in October that year as the largest club in Adelaide featuring restaurants, bars, a coffee shop and function areas. The three-level club, located next door to the Crazy Horse Revue, has a capacity for 2300 people.

Who is the Administrator of HQ in Adelaide?

Picture: AAP / Mike Burton HQ Complex has been placed into administration, days after the popular club closed without warning. A director of the company, Des Caulfield, on Tuesday night confirmed Clifton Hall had been appointed administrator.