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    28 commenti

    1. redwolf322 on

      7% profit after everything is paid is decent. He’s prob paying himself too

    2. CurrencyDesperate286 on

      And here was me thinking starting a business meant you could generate money from thin air

    3. AffectionateSwan5129 on

      Baffled that these people don’t understand how razor thin restaurants and hospitality is. Famous chefs shut down their restaurants because they are not sustainable.

      Majority of the battle to keeping these businesses going is excellent management and sourcing skills – all this hospitality sector does is moan constantly.

    4. Key_Duck_6293 on

      So much to unpack here, from his “trust me bro” figures to his shade towards a customer not ordering drinks. If you want to come into the public sphere and cry about your profits then show us your books. Lets see what you really take home. My wages are fully public & regularly scrutinised in the media during pay talks, but everytime its a private industry we never get to see what these folks take home, yet they do more moaning than most.

    5. AgencyEasy on

      For all of the effort that’s in it, 7% profit is shit – they’d be better getting an office job and leaving at 5pm and not have to worry about anything else

    6. Key_Duck_6293 on

      “I was never meant to be here. Having worked in hotels all my life, owning my own business was never part of the plan – but life had other ideas, and here I am.”

      Oh my god the poor guy, someone forced him to own a restaurant. Should we call the gardai?

    7. Ok_Imagination_9334 on

      That was an eye opening read and honestly sounds like a genuine great guy. I do think it was meant to help small businesses but it was too little of a help. Those who benefit from this the most will be multinational corporations like McDonald’s who definitely will make a killing on this all the while, not passing it onto the consumers, bar high cholesterol and obesity.

    8. Organic-Muscle-3609 on

      Might go against popular opinion here, but 7% is way too low of a profit margin for a low turnover business that you need people to independently choose your business over others to book turnover…€1m sales gets you €70k profit for a 70hr week and all the risk associated with carrying debt…fuck that…

    9. Evie4227 on

      He does realise that’s a normal profit margin for a business right?

      His problem is that his 7% is 7% of not a lot. He needs to figure out how to create a better turnover rather than increase the profit, this requires skill in business, a skill that if you don’t have it, you’ll need to bring it in from elsewhere or eventually you’ll sink your business unfortunately

    10. Penguin335 on

      Why do business owners bitch and whine and begrudge having to spend money lol, you shouldn’t be expecting it to be free? Cope.

    11. 123iambill on

      If he’s getting a wage out of it then I don’t see the problem. Too many people start hospitality businesses thinking they’ll be swimming in it or that they can just open a restaurant, hire a bunch of staff to run it and earn yourself passive income. I’ve worked in hospitality for years and want to open my own cafe that will work at myself because it’s what I enjoy doing. The only reason to open a hospitality business is because you enjoy doing it. The only people I know who made really good money doing it were cunts that were awful to work for.

    12. Chemical_Sir_5835 on

      Everybody saying 7% is good is completely wrong

      Should be at least 20%

    13. jacqueVchr on

      A 7% margin is fucking outstanding. What are they moaning about

    14. eboy-888 on

      Single digit margins are about what you expect in the hospitality sector. I’ve owned and also run restaurants for a larger hospitality group and the first year we hit double digit margins it was a pretty big deal.

      But all of that is beside the point. What matters most is what your top line is – there’s no point in having great margins on low sales and you’re better off having 7.5% net on a large turnover.

      There’s a relatively low barrier of entry for some cafes, coffee shops and simply put sometimes the market has too many choices and some will not survive.

      I hate to see people going out of business, it’s such a risk that these operators take but also it’s a vote of confidence in the economy and local towns – and some of them just get wiped out.

      My guess is the owner in the article was trying to relay to the general public that he’s not making as much as some people think he may be.

      But again, it depends on what his top line looks like.

    15. svmk1987 on

      That 93 includes all expenses and salaries. That’s not terrible.

    16. pointblankmos on

      Hospitality businesses, and for the most part, owners of hospitality businesses, are the greediest and most entitled people on the planet. 

    17. Pizzagoessplat on

      I’ve worked in bars in England.

      I came to Killarney and the and the manager told me his GDP was very bad and that it was below 80%

      I had to laugh because in the UK it’s normally between 65% and 75%. I told him that he could actually afford to reduce his prices and that if it’s normal to have a GDP above 80%, its hard for me to defend Irish bar prices

    18. whereohwhereohwhere on

      I struggle to think of a more entitled group of people than restaurant owners. Going into that line of work is a choice. You want an easier life and a steady income? Go be someone else’s employee.

      Also hospitality is such a saturated market that it’s kind of an objectively insane decision to be like: you know what Dublin really needs? Another coffee shop/pub/italian restaurant.

    19. Big-Option3118 on

      Get out of the business then. Is there a bigger pack of whingers than restaurant owners?

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