Fears for future of popular Bristol doughnut cafe as new owners acquire business
It has only been open since February 2023
There are fears for the future of a popular Bristol doughnut cafe after new owners have acquired the business.
The Crosstown chain has been bought by Karali Snacks for a reported figure of £500,000 via a pre-pack administration deal.
The deal is believed to include the acquisition of 27 Crosstown operating locations which includes stores, kiosks and trucks.
According to the administrators’ report, Crosstown made heavy losses in recent years as a result of difficult trading conditions.
The future for Crosstown’s Queens Road store, which opened in February 2023, is currently uncertain and it was closed for business today (June 11), with the sign removed and the doors padlocked when Bristol World visited.
A worker from a nearby cafe told Bristol World the Crosstown store closed suddenly without warning yesterday.
The Queens Road store has also been removed from the company’s website, with the message ‘page not found’.
Bristol World has contacted Crosstown for comment.