Saturday 16 December 2017

Nick Munier's restaurant serves up tasty profits of €270,000

Top restaurateur Nick Munier
Top restaurateur Nick Munier

Gordon Deegan

New figures show that the restaurant business operated by RTE 'MasterChef' judge Nick Munier last year served up tasty profits of €269,665.

Abridged accounts just filed to the Companies Office by Munier's Dillmel Ltd, which operates his Pichet restaurant in Dublin, show that it increased its accumulated profits from €661,656 to €931,321 in the 12 months to the end of February 28 last.

Dillmel is co-owned between Munier (pictured) and head chef Stephen Gibson – prior to heading up Pichet Gibson worked at the Michelin-starred L'Ecrivain owned by Derry and Sally-Ann Clarke – for nine years.

Its cash pile grew by €254,953, from €590,658 to €845,611 last year.

The profits recorded last year follow two successive years of strong financial performances by the firm.

It recorded profits of €317,107 in fiscal 2012 and this followed the restaurant's 2011 performance where accumulated profits increased by €184,920 from €159,629 to €344,549.

Pichet, on Dublin's Trinity Lane, only opened up in July 2009 and within six weeks was breaking even, quickly securing a Bib Gourmand from the esteemed Michelin Guide.

Irish Independent

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