Profits at Johnnie Fox’s pub soar via IrishTimesBiz
On the sharp rise in profits last year at the pub at Glencullen in the Dublin mountains, Ms McMahon said: “Of course footfall numbers were larger but in particular ‘Day 2′ weddings were a big hit, along with a lot of winter and summer corporate events.”
Ms McMahon said that “the entire venue was exclusively booked by three different multinationals throughout the year”.Ms McMahon confirmed that the business has 147 staff plus 30 musicians and 17 Irish dancers.: “The music is seven nights a week and all day Saturday and Sunday, so those who can give full hours to our roster are on it.”
Ms McMahon said that a lot of those employed at the venue are local “and we are proud to say we have 14 Ukrainian staff working for us and have provided accommodation for them”. “While we have continued with the same level of business, the ever increasing price hikes by our suppliers is a huge difficulty that all of our industry is facing,” she said.The company’s cash pile more than doubled from €420,051 to €953,552.The profit last year takes account of non-cash depreciation costs of €99,011.
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