<div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Iconic </span><a href="https://www.9news.com.au/retail" rel="" target="" title="Australian retailer"><span>Australian retailer</span></a><span> Barbeques Galore has collapsed into receivership, putting hundreds of jobs at risk.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>The company said in a statement today that cashflow issues have forced it to go into voluntary administration, and receivers have subsequently been appointed.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Those receivers – Quentin Olde, Luke Pittorino and Liam Healey of Ankura – are seeking to either restructure or sell the business.</span></div></div><div><div id="adspot-mobile-medium"></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><strong><span>READ MORE:</span></strong><span> </span><a href="https://www.9news.com.au/national/tradie-shortage-chippies-like-caitlyn-could-be-the-key-to-solving-our-housing-crisis/27a85e67-c1f6-43c0-80c7-5647e120f81e"><strong><span>Chippies like Caitlyn could be the key to solving our housing crisis</span></strong></a><span></span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><strong><span>READ MORE:</span></strong><span> </span><a href="https://www.9news.com.au/national/angus-taylor-social-media-facebook-post-old-blunder-coming-back-to-haunt-him/bea9a512-565f-4205-a093-49b2dd742536"><strong><span>Old social media blunder is coming back to haunt Angus Taylor</span></strong></a><span></span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>The retailer operates 68 company-owned stores and 27 franchise stores throughout </span><a href="https://www.9news.com.au/australia" rel="" target="" title="Australia"><span>Australia</span></a><span>, employing approximately 500 staff across its operations and store network.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Barbeques Galore CEO David White said management was "excited" to turn around the business and move to the next evolution of the brand when he moved into his role in 2025.</span></div></div><div><div class="OUTBRAIN" data-reactroot="" data-src="//www.9news.com.au/national/barbeques-galore-iconic-australian-retailer-goes--into-receivership/23c2c346-bea6-4555-9899-f2af9272a5b7" data-widget-id="AR_5"></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>"Considerable progress has been made in recent months leading to significant improvements across the business and operations, however ongoing liquidity challenges have led to the necessary restructuring of the business," White said.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>The business and retail stores, including the franchise stores, will continue to operate as normal.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>The franchisees are not impacted by the appointments and restructuring process.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>The company said any in-store or online orders that have been paid for in part or fullwould be honoured in the ordinary course unless stock is unavailable to fulfil orders.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><strong><span>READ MORE:</span></strong><span> </span><a href="https://www.9news.com.au/national/parts-of-qld-set-for-drenching-and-flooding/df1ca282-a73a-4048-bc6f-0da35913b6d0"><strong><span>Two states brace for floods as weekend downpour looms</span></strong></a></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>The receivers said Barbeques Galore would continue normal operations for the time being while it weighs up selling or restructuring the business.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>"Barbeques Galore is an iconic Australian business and operates a successful national retail network selling premium products," Olde said.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>"We expect strong interest from both retail operators and strategic financial investors seeking to participate in its future.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>"The business will continue to trade as normal under the control of the receivers with the guidance of David White and the Barbeques Galore team while we assess options for its future."</span></div></div><div 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