Openings, Closures And TakeoversIreland
Dublin's Exchequer Street Food Venue Changes Hands After Profit
The Dublin food venue returned to a small profit in 2025 and has new owners who plan more event catering and online sales.
In Short
- A Dublin couple who make breaded chicken products have bought the Fallon & Byrne food venue.
- The price was not shared.
- The business made a profit of €26,000 in 2025 after a loss of €396,000 the year before.
- The owners want to grow premium event catering and online sales.
Fallon & Byrne, the Exchequer Street food venue in Dublin, has new owners. Jimmy and Rosie McLoughlin, who run the Rosie & Jim chicken business, bought it from the widow of one of its earlier investors.
They joined the board in 2021 and have sat on it for five years. The sum they paid was not made public.
The building holds a restaurant, a wine bar in the basement, a food hall, a ready-meals unit and an online shop. It also hosts about 100 weddings a year.
It is an extraordinary brand that has been through a lot in its 20-year history.
The managing director says turnover reached €14.3 million in 2025, up 2.3%. After years of mostly losses, the company made a net profit of €26,000.
The firm still owes €2 million in warehoused tax debt from the Covid period. The new owners say they will repay it under an agreed plan, with another €220,000 due in 2026.
What Does This Mean For Your Restaurant?
For Dublin owners, this shows that a large, mixed venue can recover with careful costs. Event catering and online sales are the growth areas the new owners are betting on.
Sources
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