Charlie Chawke pubs toast profits

Three of the best-performing pubs in the Charlie Chawke pub group last year toasted combined profits of over €420,000.

New accounts filed for three of the businesses in the mainly Dublin based pub group — the Goat Grill, the Dropping Well, and the Oval bars — confirm a buoyant year for the pubs in 2015.

Accumulated profits at the companies jumped to €5.7m from €5.29m.

“Overall, we are happy with how things are going. Business is okay,” Mr Chawke, who has been in the pub trade for more than 50 years, said yesterday.

It was outside the Goat Grill bar where Mr Chawke lost a leg during an armed robbery in 2003.

The firm that operates the pub, Charjon Investments Ltd, shows that accumulated profits increased by €109,995 to €1.74m and the cashpile more than tripled from €93,877 to €333,081 in the 12 months to the end of March.

The Goat pub, which employs 48 people, had total staff costs of €1.72m, including directors’ pay of €253,577.

Separate accounts filed for Mr Chawke’s Miltown Inns Ltd, which operates the Dropping Well pub, show accumulated profits increased €199,923 to €3.1m for the 12 months to the end of May.

Its cashpile also doubled to €488,755. The pub, which employs 66 people, spent over €1.67m on staff costs, including directors’ pay of €54,118. Accounts for Alazwar Ltd which operates the Oval show its accumulated profits last year increased by €114,510 to €859,442.

The firm’s cashpile in the 12 months to the end of July increased by more than €110,000 to €247,416. It employs 11 people and staff costs total €287,729.

Mr Chawke’s other pubs include the Lord Lucan, the Bank pub, and the renovated Searson’s on Dublin’s Baggot St.