A popular local distillery has announced its shock closure, just months after opening in a second location.
The family-owned Paradise Rum opened its distillery at Warana in November 2022, before opening the Paradise Rum Bar and Bistro on First Avenue at Moolooaba in June.
Co-owners Chris and Cathryn Clyne told Sunshine Coast News in July they were also about to triple the Warana venue’s outside area space.
Related story: Coast distillery expands to match significant demand
But a post on the Paradise Rum Facebook page on Wednesday revealed both the Warana and Mooloolaba venues had closed.
“It is with a profound sense of regret and a heavy heart that we announce the closure of Paradise Rum and Paradise Rum Bar,” the post read.
“After two years of valiantly battling the relentless challenges posed by the Covid-19 pandemic, inclement weather, and the economic downturn, the business has reached a point where sustaining operations is no longer financially viable.
“Paradise Rum and Paradise Rum Bar, with its commitment to delivering exceptional spirits, unique venues, and outstanding service, has received resounding positive feedback from our cherished patrons. Unfortunately, despite the overwhelming support, it has become clear that external factors beyond our control have taken a toll on our ability to thrive.
“The decision to cease operations is a result of a confluence of factors that have made it increasingly challenging for Paradise Rum to remain solvent.
“Escalating energy costs, increased costs of goods, excise taxes and a sharp downturn in consumer spending, has undoubtedly impacted our revenue streams.
“Despite our best efforts to weather the storm, including the recent launch of Paradise Rum Bar in Mooloolaba, it has become evident that the ongoing challenges and financial constraints are insurmountable.
“We extend our heartfelt gratitude to our patrons, staff, and supporters who have been instrumental in making Paradise Rum and Paradise Rum Bar a cherished part of the community.
“While we bid farewell to this chapter, we remain grateful for the memories shared, the positive feedback received, and the camaraderie experienced throughout our journey.”
The post was met with a flood of comments from people saddened by the news.
“So sorry to hear this Cath and Chris – your business will be missed! Love your venues and will miss your lovely staff and amazing spirits! That pina colada will always be my fave version,” one comment said.
“Incredibly sad to see you go guys. It has been great to work with you, and also be able to enjoy your delicious cocktails as a customer! Wishing you all the best, and hopefully see you on the next journey!” said a post.
Another said: “This is incredibly sad to hear this guys. We’ve loved every time we’ve visited both venues since you opened. You guys make the best cocktails! The food was always great and awesome service too. We will miss you. Wishing you all the best.”
In December the University of the Sunshine Coast released research findings saying a range of issues were holding back the region’s nightlife scene.
A lack of transport, financial pressures and changes in consumer behaviour were among the challenges identified in a report that was prepared by the university’s School of Business and Creative Industries.
“Cost of living is biting in multiple ways – not just consumer spending but with operating and supply costs, and staff not being able to afford to live close to venues, making them harder to attract,” lead author Dr Lenny Vance said.
Sunshine Coast News attempted to contact Paradise Rum for comment.
Do you have an opinion to share? Submit a Letter to the Editor at Sunshine Coast News via news@sunshinecoastnews.com.au. You must include your name and suburb.
