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‘Terrific potential scale’ for continued Loungers expansion

By James Russell: ‘Terrific potential scale’ for continued Loungers expansion

November 18, 2014

Loungers, the Bristol based all-day café/bar operator, has opened its 54th site, Bonzo Lounge, in Keynsham (near Bristol) following a £500k investment. The 4,800 sq ft site is located in the redevelopment of Keynsham’s town centre and includes an 80-seater terrace.

20 sites to open in 2015

The group, who will open a further 2 sites in December in Stroud and Peterborough, is set to open 20 sites in 2015, starting with the opening of Quinto Lounge in Sutton Coldfield on the 14th January.

It is understood that the planned 2015 openings will see Loungers consolidate its position in the South West as well as continuing to add to its presence in a number of cities where the business already operates.

The Sutton Coldfield opening will be Loungers’ 5th site in Birmingham with a Cosy Club opening also planned for the city in 2015. It is also understood that the group plans to add a 3rd site in Southampton, a 5th site in Bournemouth, and a further 3 sites in Manchester.

Abundance of opportunities

Loungers MD, Alex Reilley, said, “We don’t see ourselves stretching the geographical boundaries in 2015 much beyond where we’ve already established the business. This is due to there being an abundance of opportunities in our existing patch and to a certain extent we are picking off some low-hanging fruit.

“We will continue to scale up the business in cities where we already have a presence whilst building upon the success we have enjoyed in smaller towns. Given that there are large areas of the UK we have yet to venture into, the business clearly has terrific potential scale.”

For more information about Loungers click here

For more information about the Cosy Club click here

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