Major Penrith hospitality destination The Orchard goes into administration

Just two years after opening, “challenging market conditions” are blamed for cafe, bar and restaurant venue The Orchard going into voluntary administration, with directors keen to trade on.

The Orchard at Penrith was opened just two years ago.

A major Penrith dining destination has gone into voluntary administration just two years after opening.

Popular cafe, bar, restaurant and playground The Orchard, located on the banks of the Nepean River, has announced it has gone into voluntary administration amid “challenging market conditions.”

The venue has been placed into administration by Mr Graeme Beattie of Worrells.

Mr Beattie said the decision comes “after a period of challenging market conditions, including rising operational costs, changing consumer behaviour, and reduced discretionary spending, which have all contributed to an unsustainable financial position.”

“I am presently undertaking an urgent financial analysis of the Company’s trading performance and viability.

An Instagram post from The Orchard \as news spread it had gone into voluntary administration. Picture: Instagram

“Whilst the administration is in its infancy, I intend to trade the Company’s business on a “business-as-usual” basis.

A director for The Orchard Penrith, said they had all intentions to continue to operate the business as usual and there is “no suggestion of directors stepping away from the business.”

“We want to continue the brand and continue to serve the people of Penrith,” they said.

The director said “this has been an incredibly difficult process, and I appreciate the impact of the administration has on our employees, suppliers, and loyal customers. During the administration, we will work closely with Mr Beattie and the team at Worrells to ensure the best possible outcome for all stakeholders.

“Whilst this is a challenging time, we remain committed to exploring all options to ensure the future of the business. We value and appreciate the ongoing support during this process,” they said.

The directors involved with The Orchard are tied to multiple successful Penrith businesses including Drink West, Percy Plunkett, Gellafrenda. There is no suggestion any of the other businesses will be impacted.

Originally published as Major Penrith hospitality destination The Orchard goes into administration