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€520,000 Profit at Restaurant Patrick Guilbaud

Ireland’s only two Michelin star restaurant, Restaurant Patrick Guilbaud, has recorded record profits of over €520,000 for the year ending 2018.

Newly released accounts for Becklock Ltd show that post tax profits for the company rose by 34%, from €390,840 to €524,952, in the 12 months to the end of August 2018.

Accumulated profits at the business now stand at €1.69m, while its cash pile is now €1.17m. Around 40 staff are on the books, including 14 in the kitchen, and salaries amounted to €1.43m in 2018. Directors’ pay came in at €488,338 while pension contributions totalled €104,808.

Having weathered the recession, the celebrated Dublin restaurant has now recorded five record breaking years – 2014, 2015, 2016, 2017 and now 2018.

In mid 2016, the restaurant closed for several months for a major refurbishment, finally reopening in November of that year.

The 21 seater restaurant has held two stars since 1996, and it has long been a dream for Patrick Guilbaud and his team to secure a third star.

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