Formerly published as Capalaba Carpet Court Shuts as Franchise Businesses Go into Liquidation
31-Dec-2025 – A Carpet Court franchise store in Capalaba has closed and entered liquidation, alongside two related Brisbane locations, with liquidators now reviewing the circumstances surrounding the business failure.
Closures Involving Capalaba
The Carpet Court store in Capalaba ceased trading earlier this week, at the same time as franchise locations in Macgregor and Underwood. All three businesses entered voluntary liquidation on the same day.
Each outlet operated as an independently owned franchise under the Carpet Court brand.
Liquidation Review Underway
Liquidators from BDO were appointed to the three businesses following the closures. They are currently investigating the reasons for the business failure, though it has been stated that it is too early to provide further detail.
The total level of debt associated with the Capalaba business and the related entities has not yet been confirmed.
Employment Impact
The number of staff affected across the three stores, including Capalaba, is still being verified. At the time trading ceased, fewer than 10 workers were employed across all locations.
Business Entities Confirmed
ASIC and ABN Lookup records list the Capalaba store as trading under Krytenberg 3 Pty Ltd, which is now formally in liquidation. Two related entities operated the Macgregor and Underwood stores, with all three companies registered in 2022.
The sole director declined to comment on the liquidation, noting further information would be provided through liquidators and public filings.
Franchise Context
Carpet Court operates a national franchise network with more than 200 stores across Australia. Individual outlets are locally owned and operated, meaning closures at specific locations do not reflect the status of the wider brand.
Carpet Court has been contacted for comment regarding the closures.
What Comes Next
Liquidators will continue assessing the financial position of the Capalaba business and the related entities. Further updates are expected as the liquidation process progresses and additional public information becomes available.
Published 31-Dec-2025
Photo Credit: Google Maps
