Abacus, a well-known eatery on Melbourne's iconic Chapel Street, has abruptly shut its doors, leaving staff owed thousands of dollars in unpaid wages and entitlements. The restaurant entered voluntary administration last week, according to documents lodged with the Australian Securities and Investments Commission.
Sudden closure shocks staff and suppliers
Employees arrived for their shifts only to find the doors locked and a note explaining the closure. Many are now owed significant sums, with some claiming they are out of pocket by several thousand dollars in unpaid wages, superannuation, and annual leave. Suppliers have also been left unpaid, adding to the financial fallout.
Administrator appointed
BRI Ferrier has been appointed as administrator. A spokesperson confirmed they are investigating the company's affairs and will hold a first meeting of creditors soon. The administrator is working to recover any assets and determine if there is a possibility of the business being sold or restructured.
Abacus had built a reputation for modern Australian cuisine and had been a staple on the Chapel Street dining scene for several years. The closure is a blow to the local hospitality industry, which has been under pressure from rising costs and changing consumer habits.
Staff have been advised to contact the Fair Work Ombudsman for assistance in recovering unpaid entitlements. The administrator has urged creditors to lodge their claims promptly.
