Business Irish

Tuesday 17 July 2018

Fossett's Circus tightrope act pays off with 'good year' ahead of 130th birthday celebrations

Marion Fossett of Fossett’s Circus with her nephew Edward Fossett aka Otto the Clown and niece Sarah Fossett on silks. Photo: Jeff Harvey
Marion Fossett of Fossett’s Circus with her nephew Edward Fossett aka Otto the Clown and niece Sarah Fossett on silks. Photo: Jeff Harvey

independent.ie

Fossett's Circus is enjoying "a very good year" in 2017 ahead of the circus celebrating its 130th year in business next year.

That is according to marketing manager Charles O'Brien, who said yesterday that it is now the world's longest-continuing circus.

The business emerged from examinership in 2015 and last year recorded a profit of €29,603 - this followed a profit of €86,079 in 2015.

"We are slowly moving the business forward and have reversed the trend of the dark recession," said Mr O'Brien.

He added that the circus has diversified since exiting examinership.

"We are no longer a circus that only pitches up in Tipperary town on a Monday and hopes for people to come along," he said.

"We now have a summer-long residency at Tayto Park which is working out very well so we have two companies working over the summer months.

Mr O'Brien said that the circus also performs at the likes of the Electric Picnic and the Rose of Tralee.

He said that the circus going into its 130th year "is something to be proud of". "We are very, very grateful for the chance that we have received from coming out of the examinership process and we are now marshalling our resources to generate a profit."

Accumulated profits at the end of last year totalled €102,031. Shareholder funds total €114,731 and this includes cash of €91,832.

"Any profits the circus does make are ploughed back into the business," Mr O'Brien said.

Fourteen members of the Fossett family, spanning three generations, work in the circus.

They include 87-year-old Herta Fossett who continues to operate the shop along with nine-year-old Julia.

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