Kerry entrepreneur launches Licensed Premises of Ireland creating 10 jobs

press release

Kerry entrepreneur launches Licensed Premises of Ireland creating 10 jobs

Sean O'Mahony

Kerry publican Sean O’Mahony has launched a new start-up company, Licensed Premises of Ireland, which will significantly reduce overheads for publicans as they prepare to re-open after lockdown. The company will create 10 new jobs across Ireland.

Licensed Premises of Ireland (LPOI) will provide services designed to reduce the cost of mainstream utilities for customers. The initiative will start by targeting everyday expenses that weigh heavily on licensed premises, including merchant services, cash handling, gas and electricity. 

Licensed Premises of Ireland works with individual owners of pubs, restaurants, hotels and nightclubs to analyse their day to day running costs, and use new partnerships to see those costs reduced.

Licensed Premises of Ireland worked with a number of pilot premises during lockdown to identify where value could be achieved, with surprising results.

Sean O’Mahony of Licensed Premises of Ireland says, “It is quite fitting that the company chose to launch a year to the day that public houses and Licensed Premises throughout the country were first closed. The bitter pill to swallow during this crisis, is that I was still paying for services even though my business was closed. Once I reviewed the expenditure for my own bar, I was shocked at some of the costs I was paying to be honest. It costs between €250 and €300 per day for a small pub just to open its doors. Unfortunately, I think I became somewhat complacent over the years and stayed with the same providers and suppliers out of pure convenience. We are excited for the future of Licensed Premises of Ireland and know that we can make a positive difference to the future of the licensed trade”.

A number of exclusive partnership deals have been secured with service providers, most notably with Brink’s Ireland.

Denise McCarthy, Head of Sales at Brink’s Cash Services Ireland said “We are excited to be working with Licensed Premises of Ireland in relation to the cash handling aspect of their business. The exclusive offer arranged for LPOI customers offers significantly lower cash processing and coin/note supply rates than what financial institutions are offering. This coupled with the fact that owners will no longer need to travel to the bank will ensure that not only will customers save money but also valuable time and resources.”

Negotiations are at an advanced stage with a number of other service providers and further industry partners will be announced shortly. 

This is not the first time that Sean will have innovated to support the licensed trade in Ireland. He previously launched “Social Spin” in 2019 in conjunction with Diageo and the Vintners Federation of Ireland. 

The Head Office of Licensed Premises of Ireland will be based in Faha, Killarney, Co. Kerry, with sales teams operating across the 26 counties. Owners of licensed premises looking to reduce their costs prior to re-opening are advised to visit www.lpoi.ie or call 064 66 86001.