Rugby stars pocket profits from their two Dublin pubs
Companies behind Lemon & Duke and The Bridge 1859 enjoyed a lucrative year
Dave and Rob Kearney with Jamie Heaslip at The Bridge 1859 in Ballsbridge Dublin. Photo: Leon Farrell/Photocall Ireland.
Two Dublin pubs co-owned by some of the biggest names in Irish rugby last year recorded combined profits of €415,876.
Accounts from the companies behind the Lemon & Duke off Grafton Street and The Bridge 1859 in Ballsbridge show that both pubs enjoyed a lucrative year in the 12 months to the end of February this year.
The accounts show that The Bridge 1859 recorded profits of €271,222 and the Lemon & Duke recorded profits of €144,654.
The co-owners of the pubs are Rob Kearney, Jamie Heaslip, Seán O’Brien and Dave Kearney. All have enjoyed success together playing for Leinster and Ireland, while injury last year forced Jamie Heaslip to retire.
The four embarked on the pub ventures with Noel Anderson.
Mr Anderson said: “I am very happy with the way things are going and business is even stronger this year at Ballsbridge.”
Mr Anderson said that 60 to 70 people are employed between the two businesses.
He said that the rugby stars “have busy lives and are active in the business up to a point. They let me run the business.”
Mr Anderson said that profits are stronger at The Bridge 1859 as the costs of operating a business in the city centre are higher.
The abridged accounts for Herbert Inns Ltd, which operates The Bridge 1859, show that accumulated profits increased from €855,801 to €1.12 million.
Separate accounts for The Inn on Hibernian Way Ltd, which operates the Lemon & Duke, show that its accumulated profits increased from €192,825 to €337,479.