Another Australian wine business is shutting up shop after a recent wave of closures and financial failures.
Teakle Wines at Port Lincoln on South Australia's Eyre Peninsula will cease business at the end of next month.
The business was founded by Peter Teakle, who died in 2024. His son Ben Teakle, made the closure announcement.
“Over the past 10 years our amazing team has created something truly special -– serving incredible food and producing award-winning wine,” he said.
“But now it’s time for this chapter to come to an end and we’re sad to share that our winery, cellar door and restaurant will close at the end of March.
“Running a boutique vineyard and chef-hatted restaurant in a remote location takes an enormous commitment, especially when we’ve set ourselves such high standards.
"Therefore, I’ve made the very hard decision to call time on Teakle Wines and Line & Label after a decade of achievement.
“There’s nothing we would have done differently. I’m so proud of our team and the timing of this means we’re going out on a high. We recently won our seventh chef hat and it’s been a bumper summer. It’s just the right time.
“A heartfelt thank you to our wonderful staff, customers and suppliers for being a massive part of our success. People have always been at the heart of our story and we couldn’t have done it without you.”
The business will close on March 29 and vouchers and deposits will be refunded.
A business closing with its head held high.
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