New accounts filed for O'Donoghue's pub of Merrion Row, Dublin, reveal that the venue's profits more than doubled during the twelve months ending in June of 2017, rising to €452,098 from €167,498 the previous year.
According to The Irish Independent, accumulated profits for O'Donoghue's (Merrion Row) Ltd. rose from €705,450 to €1.157 million during the period, with the company's cash pile increasing from €1.49 million to €2 million.
Meanwhile, the number of people employed by the pub rose from 13 to 16 and renumeration for directors rose from €583,884 to €605,555.
Carol Barden of the Barden family, which owns and operates the pub, commented, "We were happy with the figures to year end 2017. We are very lucky to have a strong loyal customer base and a great hardworking team who deliver a good service day-in, day-out. Despite the many new offerings in the Dublin bar scene there is still a strong demand for the offerings of the traditional Irish bar."
© 2018 Hospitality Ireland – your source for the latest industry news. Article by Dave Simpson. Click subscribe to sign up for the Hospitality Ireland print edition.