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Buddy's Home Furnishings

Who are we

The Buddy's Story In 1961, Buddy's Bi-Rite was founded in Tampa, FL and proceeded to grow into a chain of 43 furniture and appliance stores throughout Georgia and Florida in just 25 years. Since then, the company adopted the name Buddy's Home Furnishings and the franchising model as it grew its footprint to nearly 300 stores throughout the U.S. and Guam. The brand also expanded its product line to include furniture, electronics and home accessories while offering a new program that allows consumers to attain ownership of these goods through affordable payments without the constraints of traditional credit or financing. Throughout its growth, Buddy's Home Furnishings has built its business one satisfied customer at a time. Buddy's is in the people business because it believes there's something to be said for relationships with customers that aren't built on transactions, but rather, trust. Why Franchise With Buddy's? Simply put, Buddy's is better! With families doing more at home with tighter budgets, Buddy's business model is as essential as ever. Here are some additional reasons to consider franchising with Buddy's: 60 Years of Proven Success: We're the third largest rent-to-own brand in the industry with a 60-year, recession-resistant business model. With families doing more at home on tighter budgets, our business model is as essential as ever. Great Unit Economics: On average, our top 25% of stores generate $1,501,500 in gross sales and $369,627 in cash flow per store.* Low Initial Investment: You can expect your initial investment for a Buddy's franchise to be between $349,570 and $839,690 which is relatively low for retail development. Lots of White Space: We have several single and multi-unit territories available and in high demand nationwide.** The Financial Requirements To invest in a Buddy's Home Furnishings franchise, candidates must have a minimum net worth of $500,000 and a minimum liquidity of $150,000. A background in franchising and multi-unit experience is desirable. Be sure to ask about Buddy's partnership with VetFran that offers veterans 20% off of their franchise fee. Add to Request List AddedRequest Information This web page does not constitute a franchise offering or an offer to sell a franchise. A franchise offering can be made by us only in a state if we are first registered, excluded, exempted or otherwise qualified to offer franchises in that state, and only if we provide you with an appropriate franchise disclosure document.

Why we do it

The Buddy's Story

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How much will it cost

  • $39,900