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Covid creates Vera Foods
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Brand Building with Video

Pubs carry €2,000 pw overheads

More than a fifth of pubs in Ireland have continuing costs of up to €2,000 a week to sustain while generating no revenue during lockdown, according to new research from the Drinks Industry Group of Ireland .pub
The research, conducted among 1,085 publicans in Ireland last week, reveals that over one fifth (22%) have incurred continuing costs of between €1,000 and €2,000 per week for items such as salaries, salary top-ups, rent and maintenance, among others, during the lockdown.
60% of publicans reveal that government subsidies cover only 20% or less of their costs per month.

 

For those who have been allowed to reopen under government guidelines in recent months, one in four (40%) report a decline of over 50% in trade compared to the same period last year. A further 40% say that reduced demand and Covid restrictions have resulted in a reduction of over 60% in profits on the same period last year.
15% of pubs have reopened only part time due to the reduced level of business as a result of Covid restrictions.
 
 
 

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