TASMAN Butchers has closed its store at Lansell Square in Kangaroo Flat after the company went into administration last week.
The store was one of two in Victoria to be shut down, a spokesperson for the company confirmed, with the other in Rosebud.
The closure resulted in the loss of three full-time jobs at Kangaroo Flat. Staff were informed of the decision on Monday.
The remaining 15 Tasman Butchers stores will remain open while administrator PriceWaterhouseCooper undertakes an “urgent sale process”. Tasman Butchers employs 150 full-time staff and a similar number of casual employees.
David McEvoy and Martin Ford of PwC Australia were appointed as administrators.
Mr McEvoy said the Kangaroo Flat store would not be reopening, and confirmed it was among the two least profitable Tasman Butchers stores.
“It will not be reopening as a Tasman Butchers. It may resurface in another format,” he said.
“This particular store wasn’t working for Tasman.
“We intend to continue trading the majority of the store network, with a view to selling the business as a going concern.
“We are confident that there will be strong interest from prospective buyers and we hope to preserve jobs for the majority of the company’s employees.”
Tasman Butchers is majority-owned by a Singapore-based private equity firm, and is the largest independent butcher chain in Victoria.