Loungers Plc

Loungers is led by CEO Nick Collins, and backed by Lion Capital Private Equity, and, as of February 2024, has over 250 sites. The Loungers business comprises three distinct but complementary brands: Lounge café-bar, Cosy Club bar and dining concept, and Brightside roadside dining. In the 52-week period ending 16 April 2023, Loungers' reported 2022/23 revenue of £283.5 million and adjusted EBITDA of £47.3 million. The group also opened 29 new sites in this period. Established in 2002, Loungers is an award-winning, all-day neighbourhood café-bar and dining business. Co-founded by three friends – Alex Reilley (Chairman), Jake Bishop (Commercial Director) and David Reid, wanting to create a neighbourhood café-bar they would want to go to, it has grown rapidly since its inception. At Lounge, we have a very simple objective, that runs through all we do. We call it The Cause:"Our Lounge is a home from home, offering delicious food and drinks, all day, on your doorstep. We exist to bring people together and our unique atmosphere changes hour by hour with each new wave of customers. We are proud of our Lounge and its community and our aim is simple: every customer leaves happy.'" Meanwhile, at Cosy Club, we serve up a sense of being somewhere special with a hint of nostalgia. Think mansion splendour meets village hall eccentricity, From a lazy breakfast to family lunch or a night our in your glad rags, we're set apart by the character of our team, elegance of our design and quality of our food and drink. Our purpose is simple: every customer leaves feeling splendid. Our latest addition is Brightside - bringing proper hospitality back to roadside dining. With three sites in Devon and Cornwall, we are putting the excitement and fun back into travel - reinvigorating UK roadside dining in the process. At Brightside, every customer Travels Happy.