THE OWNERS OF iconic Dublin nightspot Copper Face Jack’s are now sitting on a cash pile worth more than €50 million.
The latest accounts for the company behind the Harcourt St club, Breanagh Catering, revealed the extent to which the venue continues to be a bona fide money-generating machine.
In the year to 31 January, 2015 it raked in a gross profit of more than €10.4 million, although the total was slightly down on the previous year’s total.
After-tax profits at the home of the coveted Coppers gold card were more than €4 million – or roughly €11,000 per day – pushing its cash pool in the bank to nearly €51 million.
The average number of employees was unchanged from the 2014 figure at 193, but the wage bill was slashed 11% to €3.5 million.
Meanwhile owners Paula and Cathal Jackson, an ex-garda, continue to roll out innovations at the the club – last year introducing Coppers-branded underwear available only to prizewinners.
There was also a winter ski trip to Andorra for Coppers diehards and the venue flirted with technology via click-and-collect-style drink and food orders.
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