Hi-Fi Bar collapses into voluntary administration

International act Foo Fighters are among those to have played at the Hi-Fi Bar

Three popular live music venues in Melbourne, Brisbane and Sydney are for sale, after collapsing into voluntary administration late last week.

The Hi-Fi Bar chain is owned by former Carlton Blues footballer Luke O’Sullivan and has hosted the likes of homegrown bands Hunters and Collectors, Eskimo Joe and The Cat Empire, and international drawcards No Doubt, the Foo Fighters and Public Enemy.

But Simon Nelson of Romanis Cant was appointed as administrator of each of the three venues on February 12 after a dispute with a major creditor “could not be resolved”.

“The creditor as a result put the business into voluntary administration,” the Hi-Fi group said in a statement last week.

“However, it’s business as usual in all three venues.”

The Melbourne Hi-Fi Bar was been operating since 1997, while the Brisbane venue opened in 2009. A Sydney venue followed in 2012.

Administrator Simon Nelson told Fairfaxa new owner will be sought for the business.

“All three venues will continue to trade under my control with the support of key employees, industry stakeholders, landlords and other stakeholders,” Nelson said.

“We expect to achieve a…

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