The owners of the venue have confirmed that they're selling The Tote via a social media post today.
Co-owners on Perring and Sam Crupi have decided to pass on the gauntlet and have today announced that they’re selling The Tote to someone with “renewed enthusiasm and vision”. They’re predicting that the change of ownership to happen around June, though they will be booking gigs up to the change.
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“The Tote is up for Sale,” they stated in a post on their Instagram.
“The owners, just like Jacinda Ardern, have said “they have no petrol left in the tank” after the stresses and strains of navigating The Tote through the pandemic. Co-owners Jon Perring and Sam Crupi said ‘We signed up to save the Tote once, not expecting to have to do it twice! Especially after we lost our business partner to cancer just before the COVID lockdowns started. It’s time for someone else to take it on with renewed enthusiasm and vision now COVID is behind us. We feel the timing right.’
View this post on Instagram
“The Tote needs to broaden its business model to remain relevant in the future. We will be looking favourably at proposals that ensure a live music component including buyers who wish to pursue a mixed development of the property centred around the Hotel. There is plenty of opportunity around the addition of food service to the existing business or by the addition of a brew house.”
The Tote will keep trading and running gigs until the transition of ownership occurs. Then it will be up to the new owners. This is likely to be around June. The Tote will accept booking up until this time. Any dates beyond this will have to be made with the consent of the future owners. The current Tote owners will actively facilitate a smooth transition.”
The news prompted Private Function to comment “we’re gonna put in a bid lol”.
If you want to buy The Tote contact the Agent – Richard Miglic (Miglic Dean) on 0418 556 900 or [email protected].
