Good Spirits Hospitality sells assets for $20m to Brew On Quay

Good Spirits Hospitality is delisting after Covid-19 lockdowns hit profits and sales (Image: Good Spirits)

Wed, 02 Aug 2023

The Cav, Danny Doolan's and seven other venues owned by Good Spirits Hospitality have been sold to Brew on Quay for $20.7 million.Good Spirits Hospitality (GSH) independent transactions committee chair John Seton said the price of $20,701,400 – excluding any potential GST – was "at the upper end of our expectations". "The transaction will ensure a stable future for the Good Spirits Hospitality venues."'Iconic'Brew on Quay (BOQ) director Richard Sigley saw the acquisition as an...

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