Buddy’s Home Furnishings
Cherry Franchise Broker
Total investment:
$ 385,166
Franchise fee:
$ 25,000
Royalty fee:
Marketing fee:
$ 0
Number of franchises
Return
Time period
Revenue:
$ 12 000*
* Calculator calculations are provisional, not guaranteed
MAIN INFORMATION
Year founded: 1965
Franchise since: 2007
Company owned units:
Franchise owned units: 3257
Total number of units:
Number of employees per unit:
Contract period: 60 month
FRANCHISE ONLINE
WEBSITEBuddy’s Newco, LLC, doing business as Buddy’s Home Furnishings, was founded in 1965 and is based in Orlando, Florida. The company offers home furniture including sofas, chairs, dining tables, as well as electronics, and appliances.
Buddy’s is the largest independent “Rent to Own” dealer in the USA. As of 2018, the company owns and operates 225 franchises in the United States and 2 ones outside the country.
On-The-Job Training: 60+ hours
Classroom Training: Up to 42 hours
Net-worth Requirement: $500,000 – $5,000,000
Liquid Cash Requirement: $250,000 – $5,000,000 Ad Royalty Fee: $500/mo.
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