REVEALED: Reason behind sudden double business closure
TWO popular Sunshine Coast businesses just doors apart at a tourist hotspot have shut up shop as the region's retailers feel the pinch of a tough climate.
Central Beach Club, which promoted itself as "a little slice of Cuba on the Mooloolaba Esplanade", and the nearby Hashtag #Phresh cafe now have for lease signs hanging in the windows.
Signature cocktails and share buckets of food, drinks and cocktails were the highlights of Central Beach Club which was managed by Jayden Popenko, and formerly Andrew Fullarton.
The pair had spent years in the local hospitality industry and before opening the business in August, they told the Daily they'd been "waiting for the opportunity" to manage a venue.
Hashtag #Phresh, under the same owners, specialised in healthy, Instagram-worthy food and had a solid social media following.
Both businesses have been contacted for comment, but are yet to respond.
Mark Wynne, owner of Quarterdeck restaurant which sits in between the two now-closed businesses, said the esplanade as a whole was facing challenges.
He previously owned Bellissimo of Mooloolaba for 15 years and has had his current business for the past 12 months.
"You could have sold anything when I was first there," Mr Wynne said.
"Now, you've got heaps of restaurants around you all vying for a dollar."
Mr Wynne said the seasonal nature of business in the area was a struggle for all stores, with holiday times bringing the strongest influx of customers.
"It's just a tough gig for anybody," he said.
Several stores have closed in the area over the past year, including Portuguese restaurant Karma Waters and the New Orleans Diner.
Karma Waters had been operating for 10 years under a previous owner before the business changed hands in early 2017. A liquidator was appointed about a year later.
The Americana-themed New Orleans Diner was open for just nine months before its shock closure.