Financials

Strategy

We have developed a full financial business plan for Quinn's to grow the business over the first 4 years.

There are a number of key drivers of revenue to the business. These drivers are highly complimentary and they offer varied revenue points for the business.

• Local Trade, DCU, Dublin (Quinn's is a well know a highly regarded pub which historic brand recognition all over Ireland)

• Events revenue from Croke Park (15 - 25 major events per annum now including Leinster Rugby)

• Weekend festival/nightclub revenue (Quinn's will provide a unique late nightlife location in the city accommodating over 1,000 people)

• Food Yards Rental Income (our business model will generate rental income from food concessions  - €250k+ per annum)

• Bedroom Nightly Income (We have developed 9 bedrooms overhead and we plan to expand this quickly. This will generate circa €350,000 - €400,000 of net revenue)

The Dublin food and Beverage business environment has gone through 4 very challenging year through Covid, and then the inflation and costs surge. This has caused the closure of many locations in the City and it also creates the opportunity for new venues like Quinn's. We are carrying no Covid Loans, or warehoused tax and we have also designed the business model to operate with a very high sales to wages multiple (low 20% wages as a % of turnover). This is key to success in this sector going forwards.

Jay and Simon are very experienced operators and businessmen, with a keen eye towards profitability and opportunity. You are investing in them as much as in the business and buildings at Quinn's Drumcondra.