A popular bakery chain with ties to comedian Romesh Ranganathan has faced financial difficulties, leading to its closure after almost a century of operation. Coughlans Bakery, which received investment from Ranganathan in 2024, has entered liquidation, marking the end of its longstanding presence on high streets across South London, Surrey, Kent, and West Sussex.
Known for its plant-based offerings, including a variety of classic baked goods like doughnuts, cinnamon buns, artisan bread, and more, Coughlans Bakery had garnered a loyal customer base. Despite the celebrity endorsement and its reputation as a southern High Street fixture, the chain, comprising 31 locations, struggled to stay afloat amidst mounting financial pressures.
The decision to cease operations was attributed to various factors, including the impact of escalating fuel costs, wage demands, and changes in national insurance regulations. Owner Sean Coughlan expressed deep disappointment over the closure, citing additional weekly expenses of approximately £20,000 due to these challenges.
In a social media post on June 30, Coughlan lamented the unforeseen financial burdens that led to the bakery’s downfall, despite previous growth and success. He revealed that the business model had become unsustainable following sudden cost escalations, forcing the closure of the family-run establishment despite its long history.
The recent heatwaves in the UK further exacerbated the bakery’s financial woes, ultimately contributing to its closure. Coughlan acknowledged the efforts of his team, acknowledging the impact on both staff and loyal customers. Ranganathan, the co-owner of Coughlans Bakery, expressed his sorrow over the situation online, emphasizing his disappointment with the turn of events.
The closure of Coughlans Bakery marked the end of an era for the beloved chain, leaving behind a legacy of quality baked goods and a dedicated following.
