Copper Face Jacks coins it in as firm's profits soar to €72m
The millions continued to roll in last year for the company behind the country's best-known nightclub, Copper Face Jacks, as accumulated profits at the firm soared to €72m.
In another stellar year for the company that operates Copper Face Jacks on Dublin's Harcourt Street, Breanagh Catering recorded pre-tax profits of €5.16m - or just under €100,000 a week.
Boosted by the Dubs' All-Ireland senior football win and a booming night-time scene in the capital as the economic recovery has taken hold, the cash pile at the Coppers firm last year jumped by €5.1m, from €54.79m to €59.84m.
The company enjoyed the increase in pre-tax profits after its gross profit - including unspecified "other operating income" - increased by 8.5pc, going from €11.35m to €12.32m in the 12 months to the end of January 31 this year.
The €5.1m in pre-tax profits compares with €5m in 2015; €4.9m in 2014 and €5.5m in 2013.
Last year, the company's accumulated profits increased from €67.58m to €71.96m.
The club - which is owned by former garda Cathal Jackson and housed in the Jackson Court Hotel - has long since entered Dublin night-time folklore and has amassed the massive cash pile as a result of its enduring popularity.
The nightclub opened in 1995 and while a number of new entrants have joined the lucrative Dublin night-time scene in recent years, the directors of Breanagh state "the company is proactive in trying to stay ahead of competition".
To that end, the business spent €782,502 last year on acquiring assets, following the €1.4m spent in 2015. In the year under review, the nightclub's profile was given a boost with 'The Late Late Show' host Ryan Tubridy decamping there in a post-show visit with Olympic heroes Gary and Paul O'Donovan and Annalise Murphy.