Rimba Sweat announces its shock immediate closure amid the cost of living crisis: 'This is devastating but it's impossible to continue' Popular Sydney wellness haven is the latest business to announce shock closure READ MORE: Popular restaurant announces shock closure after 11 years By Amanda Bechara For Daily Mail Australia Published: 20:18 EDT, 13 August 2024 | Updated: 20:18 EDT, 13 August 2024 e-mail View comments A popular Sydney wellness business has shocked fans by announcing its immediate closure, blaming the cost of living crisis for making it 'impossible' to continue. Rimba Sweat billed itself as Sydney's 'most luxurious infrared sauna and contrast therapy destination', and its three locations were an urban haven for stressed out Sydneysiders. 'It is with deep regret and immense sadness that we announce the immediate closure of Rimba Sweat's three studios - Manly, Neutral Bay and Cronulla,' the announcement online said.
'A series of external factors have placed unsustainable financial pressure on our business, making it impossible to continue operating. Despite our successful trade, economic instability has created unprecedented challenges for our business. 'The combined pressures of exorbitant electricity costs, high rental rates, increased wages and a lack of government support for small business have made it impossible for us to keep our doors open.
' The 'extremely devastated' owners thanked their loyal clientele and notified them that all future bookings were immediately cancelled. The owners were particularly upset as the Manly location had survived the pandemic and the businesses had been busy ever since - but it proved to be no match for the current economy. Fans of the beloved wellness locations were shocked and saddened by the sudden closure.
Rimba Sweat had three locations in Manly, Neutral Bay and Cronulla and was a favourite Sydney destination for rest and relaxation 'Will miss you!!! Thank you for being my sanctuary the last few years! Don’t know what I’ll do without you!' one woman said 'Will miss you! Thank you for being my sanctuary the last few years! Don’t know what I’ll do without you!' one woman said. Read More Latest Aussie building company to collapse leaves dozens of families with unfinished homes 'Just discovered you and for the past few weeks you’ve provided so much bliss and relaxation in my life. Sad that you are closing.
Wishing you all the best in your future endeavours,' another added. This recent closure comes as businesses across the country are failing at a record rate, with 11,000 businesses folding between 2023-2024. Cult Sydney bakery Black Star Pastry has also announced the imminent closure of its three Melbourne stores due to soaring operating costs.
World-famous for its strawberry watermelon cake, the bakery expanded rapidly in recent years, but will now focus on consolidating its Sydney operations. 'We had a beautiful journey and many great friendships here and hope to see you one day, soon,' the announcement online said. Sydney Share or comment on this article: Rimba Sweat announces its shock immediate closure amid the cost of living crisis: 'This is devastating but it's impossible to continue' e-mail Add comment.
