Rob Kearney, along with his brother Dave, Jamie Heaslip, Sean O’Brien, and publican Noel Anderson, have seen their pub franchise achieve record profits in the most recent financial report. The group, which owns popular pubs such as Lemon & Duke, Bridge 1859, The Blackrock, and the recently acquired McSorley’s in Ranelagh, saw a significant jump in earnings, reaching €9.39 million, a 23% increase from the previous year.
The individual pubs within the franchise also saw impressive post-tax profits, with The Bridge 1859, Lemon & Duke, and The Blackrock generating €178,208, €213,348, and €200,813, respectively. Combined, the net profits for the group totaled nearly €600,000 over the 12-month period leading up to February.
Despite challenges such as the Dublin riots impacting the drinks industry, the group’s success has been notable. The acquisition of McSorley’s for €5.5 million in July further solidified their presence in the market, with plans to rebrand the four pubs as the Grand Slam Bars.
In addition to their ventures in the pub industry, Rob Kearney and his wife Jess Redden have also invested in other businesses, such as RPI events and the CBD skincare brand POKO. Their diverse portfolio of investments reflects their entrepreneurial spirit and commitment to success.
As they celebrated their achievements at events like the IRFU Gala Ball, it’s clear that Rob Kearney and his associates have found a winning formula in the hospitality business. With a combination of strategic acquisitions, strong leadership from Noel Anderson, and a dedication to quality service, the pub group co-owned by these rugby stars continues to thrive in a competitive market.