melbourne/collingwood/bars/molly-rose”>Molly Rose Brewing, the Hot-Listed Collingwood bar and brewing company, went into liquidation this morning. Nic Sandery, who founded the company in 2017, announced the news via an Instagram post.
“A combination of rapidly increasing costs of operations and a reduction in consumer sentiment have made our financial situation untenable and after exploring every possible option we have decided to appoint DBA Reconstruction & Advisory as liquidator,” the post states.
“We are working with DBA to make an offer that will hopefully allow us to retain control of Molly Rose and to continue to keep serving you great beer and food.”
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The last day of trade was Sunday March 30, and Sandery tells Broadsheet all employees “have and will be paid”. He hopes to be able to re-open the venue as soon as possible. “We have our fingers crossed that we will be able to find a way for Molly Rose to continue on.”
