€177k profit at landmark pub

All of that wise economic chat at one of Ireland’s most storied pubs must be rubbing off on the owners, as profits at Doheny & Nesbitts last year exceeded €170,000.

The pub, on Dublin’s Baggot Street, was the first in Ireland to change hands for over £1m in 1987 when the Mangan brothers, Tom and Paul purchased the premises.A favourite haunt of politicians, the pub has recently attracted the likes of global stars Rihanna and Bruce Springsteen.

Speaking yesterday about the 2012 performance of Swigmore Inn Ltd — which operates Doheny & Nesbitt’s — Mangan Group general manager Niall Courtney said that last year the pub enjoyed “a solid year where it recorded organic growth. We are happy with how the year went”.