Restaurant Patrick Guilbaud serves up a record-breaking year

Profits at Michelin-starred venue hit €520,000

Patrick Guilbaud at his restaurant in Dublin. Photograph: Cyril Byrne /The Irish Times

Patrick Guilbaud at his restaurant in Dublin. Photograph: Cyril Byrne /The Irish Times

 

Restaurateur Patrick Guilbaud said his Michelin starred restaurant last year enjoyed its best ever year as it recorded profits of over €520,000.

Mr Guilbaud was commenting on accounts filed by his restaurant company, Becklock, showing that post-tax profits for Restaurant Patrick Guilbaud increased by 34 per cent to €524,952 in the 12 months to the end of August last.

“We had our most successful year ever last year. Business is going very well this year and we are hoping that this year will be as good as last year, ” Mr Guilbaud said.

The restaurant has enjoyed five consecutive years of growth. “Business goes up every year – we are very lucky,” he said. “The challenge is always there to keep our high standards – ‘don’t look back, always look forward’.”

The restaurant – housed in the Merrion Hotel in Dublin – secured its second Michelin star in 1996 and has retained it since.

In the restaurant’s revamped kitchen, 14 chefs, led by Guillaume Lebrun, cook and prepare the food for the diners seated at the 21-table restaurant.

Profits

Accumulated profits at Becklock increased to €1.69 million last year while its cash pile rose by €239,419 to €1.17 million.

Mr Guilbaud said that about 60 per cent of customers over the summer months are from overseas with the balance being domestic. “A few years ago, that was the opposite. We are also seeing much younger people coming into the restaurant for special occasions,” he said.

Patrons who opt for the restaurant’s evening eight-course meal can pay €205 per head, or can pay €156 for a four-course meal while a two-course lunch costs a more affordable €52 per head or €62 for three courses.

The restaurant has about 40 staff and costs last year increased from €1.34 million to €1.43 million. Directors’ pay totalled €488,338.