1961
338
$200,000
$39,900
$797,540
No
Buddy’s Home Furnishings is a leading rent-to-own franchise offering affordable access to name-brand furniture, electronics, appliances, and home accessories. Designed for customers who want flexible payment options without sacrificing quality, Buddy’s makes furnishing a home easy and budget-friendly.
As one of the fastest-growing franchises in the $12.6 billion rent-to-own industry, Buddy’s provides entrepreneurs a proven business model, nationwide brand recognition, and strong corporate support. With recurring revenue streams and high consumer demand, it’s a smart opportunity for investors looking to enter a stable, in-demand market.
Established: 1961
First Unit Franchised: 2009
Franchised Units: 338
Company Owned Units: 37
States Registered In: ALL except for California, Hawaii, Minnesota, and Wisconsin.
Canada Franchises: No
International Franchises: No
Financial Assistance Provided: Yes
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Recruiting Assistance: Yes
Cooperative Advertising: Yes
Training:
Buddy's offers 100 hours of training which includes two weeks in the corporate office and stores, followed by a training with the franchise owner's staff at their store prior to opening. There is also extensive, ongoing training and support available from Buddy's operations team via the dedicated Franchise Consultants, a detailed Operations Manual, and an E-Learning portal.
Investor's main importance will be hiring and managing the right people and continue to focus on development. The operator's main role is to manage and hire the right staff and focus on your customers and the stores profitability. We are able to manage these factors through detailed reporting, operational resources, and support through experienced Franchise Consultants.
IDEAL CANDIDATE
RTO Experience, Business Experience, and W2 Executives
Cash Investment: $200,000
Total Investment: $375,650 to $797,540
Minimum Net Worth: $750,000
Franchise Fee: $39,900 for the 1st ; $25,000 for each additional unit.
Royalty: 6%
Ad: 2%
SBA Approved: Yes
Item 19: Yes
Average Number of Employees: 5
Visa Candidates: No
Passive Ownership: No
Semi-Passive Ownership: Yes, Semi passive ownership for us is when you hire a salaried general manager to run the store. It would be wise to offer said manager additional compensation or sweat equity options for them to have skin in the game. We ask the franchisee to still be involved in . They can decide on what that looks like, but at minimal staying engaged with the salaried GM, the allocated franchise consultant, and the corporate team on a weekly or daily basis.
Home-Based: No
B2B: No
Master Franchise Opportunities: No
Veteran Discount: Yes, 20% discount on all initial franchise fees
