Loungers, the fast-growing cafe/bar restaurant group backed by private equity group Piper, saw like-for-like sales gross of VAT rise 1.3% in the year to 30 April. Loungers had previously revealed that full-year EBITDA grew 27.6% to £3.14m in the year on turnover up 38% to £15.06m. More details of the year’s trading are included in results published today at Companies House. During the year cash flow generated from operating activities increased from £2.03m to £2.96m. In total £2.92m was spent on new sites, up £880,000 on the previous year. Fixed assets increased from £4.68m to £7.01m. The firm said; “The past 12 months has been another period of exceptional growth for Loungers driven through the opening of new sites, the further development of the Cosy Club concept, strong performance from the full year effect of sites opened during 2011 and the like-for-like growth from our existing portfolio.” The company opened four sites in the year: Santo Lounge in Shirley, Southampton; Conto Lounge in Winton, Bournemouth; Circo Lounge in Westbourne, Bournemouth; and Modelo Lounge in Hove, East Sussex. “The Modelo opening represented the 10th Lounge fitted-out by our in-house team. Lounge openings are now efficient, well managed and a key driver in the company achieving high returns on capital.” The company’s accounts state: “The board remains committed to the continued roll-out of the Lounge and Cosy Club brands, whilst being mindful of the current economic crisis. “The demand for the Loungers concept on secondary high streets means the potential pipeline for Lounge sites is well in excess of 200 sites.” Lounger’s opening programme has continued this year, including Cosy Clubs in Bath and Stamford. The group is due to open its first site in the North West, the Brasco Lounge in Liverpool’s Mann Island scheme, this month. Its first site to open next year is to be on a former Blockbusters unit in the Westbury on Trym suburb of Bristol. Managing director Alex Reilley has previously told M&C Report that Loungers planned to open between 10 to 12 new outlets in 2013.