Loungers to open 20 sites in 2015
Bristol-based all-day café/bar operator Loungers is expected to open 20 sites in 2015.
The fast-growing business opened its 54th site, Bonzo Lounge, in Keynsham near Bristol, following a £500,000 investment.
The 4,800 sq ft site is located in the redevelopment of Keynsham's town centre and includes an 80-seater terrace.
The group, plans a further two sites in December in Stroud and Peterborough, before opening 20 new venues in 2015, starting with the opening of Quinto Lounge in Sutton Coldfield on 14 January.
Loungers is expected to consolidate its position in the South West in 2015, 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' fifth 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 third site in Southampton, a fifth site in Bournemouth, and a further three sites in Manchester.
Loungers managing director, Alex Reilley (pictured), 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."