Hobart-based premium appliance retailer Elite Appliances has been placed into liquidation in a move that has shocked the industry. 

“Notice is given that at a general meeting of the members of the Company held on 30 June 2025, it was resolved that the Company be wound up and Adam Johnston be appointed liquidator(s),” said a statement issued by the Australian Investment and Securities Commission (ASIC). 

A long-term member of the Narta Group, Elite Appliances has a reputation as a retailer with a focus on the premium and luxury end of the appliance industry with a large number of brands sold under the pro-forma or agency basis.  

In July last year, Elite Appliances Hobart transferred from Queensland-based Betta Stores Retail (BSR) to Western Australian-based Retravision to access point of sale software systems and IT platforms developed by Retravision owner David Dorsett-Lynn. 

Elite Appliances Hobart is not identified as a franchisee within the Retravision Group – but is an Associate Member that has undertaken its own independent purchasing. 

Appliance Retailer understands there were no financial ‘red flags’ when the business transferred from BSR to Retravision a year ago or within the…