Foodie haven serves up €2m profit
The world renowned Ballymaloe Cookery School cooked up tasty profits last year as they nearly topped €180,000.
This follows new accounts just filed by Ballymaloe Cookery School with the Companies Office showing that its accumulated profits rose from €2.26m to €2.43m in the 12 months to the end of August last. The school at Shanagarry in Co Cork recorded profits of just under €200,000 in 2013.
The publication of the accounts coincides with thousands of 'foodies' set to descend on Ballymaloe this weekend for the third annual Ballymaloe Literary Festival of Food & Wine.
The festival will hear from top chefs including Kevin Thornton and April Bloomfield and other personalities from the world of food and wine.
The main driver of the success of the school is its 12-week cookery course that costs entrants €10,995.
The course runs three times every year and if the 60-place course is fully booked, it can generate revenues of €1.979m for the school per year.