Philippines Senator and legendary fighter Manny Pacquiao and an investor group in a joint venture have just bought the master franchiser rights in the Philippines for Energy Performance International Inc. This franchise business uses its propriety technology to lower the electricity cost of commercial air conditioning by at least 15 percent, which leads to a return on investment for customers in 18 to 24 months on average. EPI's technology also extends the life of costly commercial air conditioning units and reduces carbon emissions.
Due to the higher cost of electricity, the climate and the problems with corrosion in the country, the Philippines is a prime market for this brand.
Brand CEO Ralph Giannella said the company is thrilled with its new partners and that the involvement of Manny Pacquiao is also exciting as he is a well-known celebrity in the world of sports, a politician and a business leader who brings acclaim and attention to the EPI brand and its expansion worldwide. According to the CEO, the master franchisee group in the Philippines is a team of entrepreneurs and seasoned business leaders who bring decades of experience and their high-level contacts.
Franchise opportunities available now
EPI was established in 2008, and its technology has since been used on more than 20,000 air conditioning units for many major manufacturers, government agencies, Fortune 500 companies, hotels, casinos and universities. This expanding brand still has franchise opportunities available at home and abroad. The initial total investment ranges from $99,950 to $155,500.