• Rowee Altura

Business Idea: Here are 3 Retail and Service Franchises for the Digital Age

Updated: Aug 22, 2020

Companies you can franchise aren't just limited to food.

From lighting, to mobile repair to anything electronic, these new retail franchises are starting to change the franchise market.

Ilaw atbp.

Franchise Fee: P580,000

Total Investment: From P4.5 million

Ilaw atbp. is a one-stop-shop for lighting and electrical needs. It has established itself as a leading expert in that market segment here in the country.

Founder Edwin Pimentel’s wisdom in light retailing is worth over decades of experience and hard work. Starting with his early years of employment in a renowned lighting company, he was able to understand the ins and outs of the business within a relatively short time. Determined to start his entrepreneurial journey, he resigned and put up his own light retailing business. Armed with experience and good business acumen, he launched Ilaw atbp. in 1999.

Pimentel envisioned the company not only to be a market player, but a market leader by offering exclusive products that will set a tone in the industry. He imported chandeliers and decorative lamps to supplement his business. He was also particular with the consistency of his products, which led him to invest in an off-shore factory dedicated to supplying the flexible demands of the market. He believes Filipinos deserve nothing but the best.

Today, his vision and dreams for ilaw atbp. are being realized with his team of hard-working individuals eager to bring a brighter future to every Filipino home.