The Cost of Living 📈

6ish

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Chophouse closing its doors

Sad news - always found it a great place to visit.

I’ve dined there in the company of such luminaries as Colin Farrell and Tony O’Donoghue. RIP :pensive:

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Fond memories of regularly dining there too, back when I lived in a brothel on the Grand Canal Dock/Ringsend border.

The one directly across the road from the Chophouse? Was widely used for that purpose by denizens of a certain large Pillar Bank :eyes:

I know costs are up etc but the lunch menu is below. €2 for fucking bread. Bowl of leaves €15, you want meat? That’s going to cost you.

I know there’s plenty money in that area, and bidness lunches etc, and it’s aimed high end but I don’t care who you are €20 plus euro for lunch is not going to be a daily expenditure.

So then it’s maybe once a week, a lot can’t even afford that. But you are competing with hundreds of other restaurants, and even if you are good, people won’t come back every week.

You essential price yourself out of business

Sad though, was a nice place

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Would regularly go there for my birthday and get the €80 slab of beef to share. Otherwise the Schoolhouse up the road did a similar quality steak without any of the fuss.

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Thats bullshit anyway. 1.41 in wages per pint? Bullshit

A fairly makeuppy auld chart there.

If publicans were making €0.17 a pint they’d all close their doors tomorrow.

I’d say they are including the owners taking their wages

I think that’s clear profit.
Aren’t you the accountant?

Wages 8 times the publicans gross per pint. Horseshit.

Be interesting to see if this blows up in Vintners face. A bit of scrutiny and theyll need a new PR approach

I’m far too interesting for that

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The numbers are obviously not adding up for a lot of small family businesses particulary those in the hospitality industry. People are hard pressed and dont have much disposable income to dine out. Looking at the menu above I dont see anything outlandishly priced on it. I’ve seen Fish and chips pitched at much higher price points than €19. The Chicken fillet burger at €20 would be standard. Surprising it’s not more given location and added cost of operating a business out of Ballsbridge.

Across Dublin, Cork, Limerick and Galway peoples rents have doubled over 10 years. Its fair to say wages have not. Mortgages along with house prices have been sky rocketing. Thats before we talk about childcare costs, home energy costs, insurance bills and running a car.

I can only speak anecdotally but from what I see, with people regarding disposable income, they are electing to hold off and do something extravagant like book a coldplay concert and something like a trip to Centerparcs or a camping holiday in France as opposed to the little and often approach of going for pints, dining out, trips to the cinema, weekends away in Ireland etc.

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That’s only the lunch menu. Dinner menu is more again

8 euro for a pint bottle of Bulmers now in Dublin.

It was 5.90 in 2018.

Games gone.

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A publican told me one time they make about 20-25% on pints and more obviously on soft drinks.

To make money from a pub (if it’s not a superpub) you need to own it and run it.

Renting and paying a bar manager you can forget about it

Are many pubs closing?

I haven’t heard of any lately, good few in Limerick city reopening the last 5 or so years.

I’d say pubs have already been whittled down.

Restaurants far more vulnerable it would seem