Founders of Rosie & Jim, Jimmy & Rosie McLoughlin take ownership at a time of continued growth and innovation
Rosie & Jim, the Dublin-based, multi award-winning breaded chicken brand founded in 1997, has acquired Fallon & Byrne, the iconic city-centre food hall and restaurant which celebrated its 20th anniversary this summer.
Founders of Rosie & Jim, Jimmy & Rosie McLoughlin, originally joined the board of Fallon & Byrne in 2021 following a corporate restructure, at the invitation of their financial adviser John Delaney, a prominent accountant and co-founder of the Beacon Medical Group. The couple take ownership of the popular food emporium at a time of continued growth and innovation as 2025 accounts show a return to profitability.
Managing Director at Rosie & Jim, Jimmy McLoughlin commented:
“Fallon & Byrne is an extraordinary brand which has been through a lot in his 20-year history. Under the supervision of the late John Delaney, our close friend and colleague, the business survived an examinership process in 2012 and later underwent a corporate restructuring in 2020.
Rosie and I joined the new board in 2021 as co-investors with John to secure the future of the Exchequer Street store. Over the past five years we’ve had the opportunity to understand this business from the inside, its challenges, and its enormous strengths and potential. Following John’s very sad and untimely passing, the opportunity arose to acquire Fallon & Byrne and we feel privileged to be leading this much-loved brand into the future.”
The improved profitability at Fallon & Byrne has resulted from ongoing investment in essential equipment, store enhancements and team development, under the leadership of Managing Director, Vincent Bellingard, who previously worked at some of the leading names in retail including Harrods, Aer Rianta International, Brown Thomas and Donnybrook Fair.
Reflecting on the 2025 accounts, Managing Director, Vincent Bellingard said:
“2025 represents an important milestone for Fallon & Byrne, with the business returning to profitability. Turnover reached €14.3 million +2.3%. We realised a net profit of €26k following €396k loss in the previous 12 months. The last four years have been about rebuilding the business and getting the fundamentals right. We are delighted to formally welcome Jimmy and Rosie as new owners and are committed to continuing this journey together, improving the business, and further enhancing the experience we offer to our customers.”
Fallon & Byrne availed of the Revenue’s warehoused tax debt scheme during the Covid pandemic and although back in profit, this legacy debt continues to present challenges for the business.
Jimmy McLoughlin continued:
“Covid supports were a generous government intervention and much needed lifeline, but the requirement to repay has been particularly challenging. We are committed to repaying more than €2m of Revenue warehoused debt rather than taking the route of a SCARP debt write down. Protecting the brand and business reputation is everything to us and every cent will be repaid to an agreed plan, with another €220k payment made throughout 2026.”
Looking to the future for Fallon & Byrne with the McLoughlin Family at the helm, Rosie McLoughlin commented:
“There is a huge love for the Fallon & Byrne brand, and we are one hundred percent committed to continuing to deliver the high quality, unique experience customers enjoy at the Exchequer St. store and restaurant. We’re also keen to explore extending beyond bricks and mortar through premium event catering and of course further developing e-commerce. There are very exciting times ahead.”
For more information visit: www.rosieandjim.com | www.fallonandbyrne.com
