Facts & Figures: Irish Pubs and Bars

Irish Pubs & Bars

An Authentic Irish Pub Is a Remarkable Business Opportunity

Based on research conducted by Diageo Guinness when comparing the best Irish Pub Designs for Pubs and Bars to Casual Dining Restaurants:

  • 6% of Irish Pubs & Bars have a significantly higher ratio of beverage to food
  • Cost of Sales is lower in Irish Pubs and Bars by between 0.8% and 5.1%
  • Labour Cost is lower in Irish Pubs and Bars by as much as 4.0%
  • 4% of Irish Pubs and Bars have an average spend of more than $21 while 42.1% of Irish Pubs and Bars have an average beverage spend of more than $11. Both of these numbers out-perform industry averages

If comparing the financial performance of an authentic, design driven Irish Pub and a Casual Dining Restaurant, both posting annual revenues of $2m, the implications of the findings would strongly indicate that an authentic Irish Pub would deliver an incremental before tax profit of between $100 K and $200 K

Source: Guinness Irish Pub Concept