Munier firm loses €255k

Start-up costs at the new Dublin restaurant owned by Nick Munier led to the venture accumulating losses of €255,290 in its first year.

Avenue opened in Temple Bar in April of last year to glowing reviews and much anticipation with the opening day of service booked out.

Accounts for Munier Ltd, the upmarket French eatery’s holding company, show the accumulated losses for the period between its establishment in October 2014 to the end of last September.