Breanagh Catering, the company behind Copper Face Jacks on Dublin’s Harcourt Street, has released figures that show the nightclub’s business improved dramatically in the 12 months to January 3 this year, as revenues increased almost ten fold from €1.39 million to €11.35 million.
This comes after Breanagh Catering, owned by Cathal and Paula Jackson, took a revenue hit of €20.7 million during the two years of the Covid pandemic.
As reported by RTE, Breanagh Catering saw pre-tax profits of €3.11 million in the most recent financial year following pre-tax losses of €522,782 in the prior year.
The firm reached nightclub and bar sales of €10 million this year compared to €1.33 million for the prior 12 months.
Breanagh Catering boosted its employee numbers last year from 36 to 137. The firm increased pay to directors to €1.35 million from €254,832.
Furthermore, Breanagh Catering payed €1 million towards the directors’ pension pot following no contribution the prior year.
Copper Faced Jacks was opened in 1996 and has become an integral part of Dublin’s nightclub scene.
The popular late night venue hit the market alongside the Jackson Court Hotel in March of 2019. However, owners Cathal and Paula Jackson ultimately decided not to sell the venue.
According to The Irish Times, in a memo to staff, the Jacksons stated, “As you know, Cathal had some health issues late last year and reluctantly made the decision to put Coppers on the market. “The proposed sale was launched in March of this year and attracted strong interest. Several approaches were made.
“However, we are pleased to confirm that as Cathal has now recovered his health completely, he has decided to stay actively involved in the business. As a result, he has now formally withdrawn the property from sale.”
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