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Sam?s Seafood shuts but wholesale complex sold

By ALLAN McNEILallanm@gladstoneobserver.com.au

AFTER four months of uncertainty Sam's Seafood has closed its doors.

The operation went into receivership in May last year after it was unable to meet the demands of its principal financier.

Both the wholesale and retail outlets were then placed in the hands of receivers Deloitte Touche Tohmatsu.

John Greig from Deloitte Touch Tohmatsu said the properties had originally been for sale along with all other Sam's Seafoods properties throughout Australia.

'When they didn't sell we re advertised the Gladstone properties individually,' he said.

Mr Greig said the result was the closure of both the retail and wholesale sectors last week, with the wholesale complex being purchased but the retail still on the market.

The closure has resulted in the loss of nine jobs from both operations, however Mr Greig said they had talked to the new owners of the wholesale property about rehiring Sam's Seafood staff.

At the time of Sam's Seafood's closure it was reported that Urangan Fisheries was the only other seafood outlet operating locally, however since then a second outlet has opened.



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