Company type | Fast casual restaurant |
---|---|
LGRS | |
Industry | Cafes Restaurants Bars |
Founded | 2002 |
Founder |
|
Number of locations | 235 (The Lounges) 36 (Cosy Club) 3 (Brightside) |
Area served | United Kingdom |
Website | loungers |
Loungers plc (trading as Loungers) is a British cafe-bar and restaurant chain founded in 2002 by Alex Reilley, David Reid, and Jake Bishop, with over 200 locations in the United Kingdom. It is listed on the London Stock Exchange. The chain operates three brands: Lounge, Cosy Club and Brightside.
Loungers was founded by Alex Reilley, David Reid, and Jake Bishop, who collectively put together £10,000 to open their first Lounge (which was aptly-named Lounge) inside of a former opticians unit on North Street in Bedminster, Bristol in August 2002. Their original business model was not meant to include food as it was only meant to operate as a bar, though it was later introduced. [1] Five years later in 2007, after predominantly opening sites in England, they expanded into Wales, by opening Juno Lounge in Roath, Cardiff. [2] On 10 May 2017, they opened their 100th site, Capo Lounge, in Mansfield, Nottinghamshire. [3] On 13 September 2023, they opened their 200th site, Verdetto Lounge in Buckingham, Buckinghamshire. [4]
In August 2010, Loungers announced plans to launch a new brand named Cosy Club, [5] which operates in historic and listed buildings. [6] The first branch to open was on 3 September 2010 in Taunton, Somerset. [5] In January 2020, the largest Cosy Club restaurant to date opened, inside of a Grade II listed three-floor former casino building on Victoria Street in Nottingham, East Midlands, which was purchased for £1 million after sitting empty for 17 years. [7] [8]
In November 2022, it was announced that Loungers would launch a new roadside dining brand named Brightside, which drew inspiration from the defunct chain, Little Chef. Gary Lloyd of The Morning Advertiser suggested the brand is also reminiscent of Happy Eater. [9] Loungers purchased three of the four restaurants used by American-diner chain Route Restaurants, to convert into Brightside locations. [10] The first Brightside location opened in one of these in February 2023, the former Happy Eater/Little Chef on the A38 in Kennford, near Exeter Racecourse. [11]
In April 2020, during the then-ongoing coronavirus pandemic, Alex Reilley stated that their directors' pay had been cut by 50 per cent while their branches closed in March as a way of saving money. The chain's lending banks, Santander and the Bank of Ireland, agreed to provide them with a revolving credit of £15 million over the course of 18 months to manage their capital throughout the pandemic. [12]
On 6 April 2021, as the pandemic conditions were easing up and businesses were re-opening, Reilley criticised the idea of government-introduced coronavirus passports having to be shown at bars and restaurants, saying the idea was "unreasonably targeting" the restaurant sector, and they should instead be shown at theatres, cinemas and sporting events, where tickets are already checked on entry. [13] On 12 April, Loungers were able to re-open their sites in phases, with 47 English sites opening for takeaway and outdoor dining only during the third national lockdown, while five sites in Wales were permitted to re-open with the same rules on 26 April. [14] All Lounges re-opened in May, and by October 2021, their revenue had almost doubled. [15]
In April 2012, Piper Private Equity acquired a minority stake in Loungers, investing £16 million. [16] In December 2016, Piper exited their investment following a £137 million deal with Lion Capital LLP who acquired a majority stake. During this time, Alex Reilley subsequently became the Executive Chairman. [17]
A diner is a type of restaurant found across the United States and Canada, as well as parts of Western Europe and Australia. Diners offer a wide range of cuisine, mostly American cuisine, a casual atmosphere, and, characteristically, a combination of booths served by a waitstaff and a long sit-down counter with direct service, in the smallest simply by a cook. Many diners have extended hours, and some along highways and areas with significant shift work stay open for 24 hours.
Denny's Corporation is an American table service diner-style restaurant chain. It operates over 1,700 restaurants in many countries.
Chili's Grill & Bar is an American casual dining restaurant chain founded by Larry Lavine in Texas in 1975 and is currently owned and operated by Brinker International.
A theme restaurant is a type of restaurant that uses theming to attract diners by creating a memorable experience. Theme restaurants have a unifying or dominant subject or concept, and utilize architecture, decor, special effects, and other techniques, often to create exotic environments that are not normally associated with dining because they are inaccessible, no longer exist, are fictional or supernatural, or taboo. The theme may be further extended through the naming and choices of food, though food is usually secondary to entertaining guests.
Disney's Beach Club Resort is a beach-themed resort at the Walt Disney World Resort. It opened on November 19, 1990. The resort is owned and operated by Disney Parks, Experiences and Products.
Happy Eater was a chain of restaurants in England and Wales. Founded by Sir Michael Pickard in 1973, the chain wanted to compete against the British roadside restaurant category killer at the time, Little Chef. The chain was acquired by Little Chef's parent company, Trusthouse Forte, in 1986.
Westport Plaza is a 42-acre (170,000 m2), commercial development, resort, and entertainment center located in Maryland Heights, Missouri. Westport was built by a prominent St. Louis developer, Thomas J. White, and opened in 1973. Westport since has grown to over 700,000 square feet (65,000 m2) of office buildings, restaurants, entertainment venues, and hotels. The property was purchased jointly in 2007 by real estate company Golub & Co. and Boston-based Intercontinental Real Estate Corp. In 2012, Westport Plaza was purchased by Lodging Hospitality Management. The entertainment complex hosts many popular events over the year including the St. Louis Beer and Brat Festival, lunchtime concerts, "Parties at the Plaza" events, jazz concerts and Archon 34. The plaza underwent a major renovation in 2023-2024 with the construction of an open green space and large television as part of Rawlings (company) building The Rawlings Experience at the site.
Wimpy is a fast-food chain that was founded in the United States. It found its success internationally, mainly in the United Kingdom and South Africa. It has changed between being a table-service establishment and counter-service establishment throughout its history.
Little Chef was a British chain of roadside restaurants; founded in 1958 by the entrepreneur Sam Alper, who was inspired by American diners. The chain was famous for the "Olympic Breakfast" – its version of a full English breakfast – as well as its "Early Starter" and "Jubilee Pancakes". The restaurants were mostly located on A roads, often paired with a Travelodge motel, a Burger King and a petrol station. The chain was also located along motorways in Moto Services, for a time.
OK Diners Limited is a British chain of roadside restaurants founded in February 1995 by City Centre Restaurants. The chain has a retro American diner theme with 1950s music, chequerboard flooring, booth seating, chrome details and memorabilia on display.
Ace Hotel is a chain of hotels headquartered in Los Angeles and New York City. Founded in 1999 in Seattle, it operates hotels Internationally in 4 continents, with locations in; Brooklyn, New York City; Palm Springs, California; Seattle, Washington; Kyoto, Japan; Toronto, Canada; and Sydney, Australia with hotels soon to open in Athens, Greece and Fukuoka, Japan.
Rosie's Diner is located in Rockford, Michigan. The dining car originally opened during the 1940s in Little Ferry, New Jersey, as the Silver Dollar Diner. After multiple commercials were filmed in the diner for Bounty paper towels with a fictional character named Rosie the Waitress, the diner was renamed Rosie's. Previously offered to the Smithsonian Institution, the restaurant was sold in the 1990s to a Michigan artist who had the building moved to its current location next to another diner. A third diner was later moved to the site from Fulton, New York. A series of replicas were built as part of a chain of restaurants in the Denver area.
The Water Club was a restaurant and event venue on two barges moored on the East River at East 30th Street in Kips Bay, in Manhattan, New York City. Located on the stretch of waterfront between the East 34th Street Heliport and Waterside Plaza, the venue served classic American cuisine and seafood; it overlooked Long Island City, Queens and Greenpoint, Brooklyn across the river. In the mid-1980s, The Water Club was the tenth largest grossing restaurant in the United States.
Andy's Diner was a roadside diner, constructed from several decommissioned railcars, in Seattle, Washington, established in 1949 and closed in 2008. It was constructed on the former location of a more traditional diner that had been built in 1930.
My Father's Place is a restaurant and dive bar in the Buckman neighborhood of Portland, Oregon. Housed in the New Logus Block, a building complex completed in 1872, included on the National Register of Historic Places, the diner has a game room and lounge and attracts a diverse clientele. The restaurant opened in 1978, and was later owned by Merrie Ann Dillon, who sold the business to her daughter Linda Moles in 2002. Remaining under the ownership of the Moles family, My Father's Place serves breakfast all day and offers happy hour options. The game room and lounge have pool tables, lottery machines, pinball, and a jukebox. Musicians Elliott Smith and Willy Vlautin frequented the bar, which hosts game nights and other events. Known as a local favorite, it operates every day including holidays, Thanksgiving and Christmas. The reportedly haunted My Father's Place has received a generally positive reception.
Bunk Sandwiches is a sandwich restaurant chain, based in Portland, Oregon.
Ambassador Restaurant and Lounge is a restaurant and karaoke venue in Portland, Oregon.
The Bristol-based business made it's[ sic ] first foray beyond the south west in 2007 when it opened Juno Lounge in Cardiff.
Loungers has launched nine Cosy Clubs across the UK with each of its venues based in historic buildings.