The late-night venue announced its closure on its Top Floor Fridays Facebook page this week.

Owner Craig Cooper, who was involved in legal action and a bid to wind up the venue over unpaid debts earlier this year, has not commented on the matter.

Mark Bevilacqua, who is listed as nominee but said he was no longer involved in the club, declined to comment.

HuHa thanked patrons for their support.

“Thank you all for an amazing three years of Top Floor Fridays, four years of HuHa Day Parties and five years of HuHa in general,” its Facebook page said.

“The doors are now closed and the memories sealed inside."

It’s believed about a dozen staff worked in the venue, which is believed to have had declining attendance.

The Facebook post described the nightclub as “an institution” while users expressed sadness the venue had closed.  

CPL Cooper Pty Ltd, which runs the venue, was pursued in the Supreme Court over $44,507 in unpaid bills by liquor supplier Australian Liquor Marketers in January.

Mr Cooper said at the time the debt was incurred at the Flagstaff Hotel in Maryborough, and it is not known if the debt was related to HuHa’s closure.

The parties agreed to resolve the debt after the winding up application was adjourned.

Mr Cooper said he had lost about $300,000 in the Maryborough venture.

Liquor licence documents show HuHa had a two out of five star rating with one demerit point following an incident.

North Bendigo man Reece Sleeth was convicted of the “worst assault police have ever seen” in December 2012 after punching a bouncer outside the venue.

Black Swan owner Andreas Bazzani did not want to comment on HuHa, but said it was a tough industry.

“With four nightclubs, it’s one thing to be popular, but at the end of the day you have to be a business first and foremost,” he said.