Today 15 June
Updated 14 september 2018

Franchise Buddy's Home Furnishings

Investments

$385,166

Franchise fee

$25,000

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Short information

$385,166

$385,166

Investments

$250,000

$250,000

Minimum Cash

3

3

Wishing to buy

1961

1961

Year Brand Started

288

288

Offices

2007

2007

Year Franchising Started

Franchise Buddy's Home Furnishings

Investments

$385,166

Offices

288

Franchise Fee

25000

Short information

1961

Year Brand Started

2007

Year Franchising Started

About Franchise

Buddy's Home Furnishings was founded in 1961 by Mr. Norman "Slats" Slatton. Selling used appliances from his home, Slatton had a dream that one day he would have an appliance store of his own where he could service the demands of growing Tampa. A few years later, Slatton's dreams were realized when he opened his first appliance showroom.

Later on Mr. Slatton realized that a growing number of young families were not able to purchase a new television or appliance because they either lacked good credit or were unable to come up with a large down payment. It was at this time the "Rent to Own" plan was introduced to the bay area.

Franchise Buddy's Home Furnishings

In 2011, Buddy's was excited celebrated its 50th year as a family owned business. Buddy's Home Furnishings currently has over 120 stores in 11 states and 3 countries!

Products and Services

Buddy's product lines include:

  • Furniture
  • Audio/Visual Electronics
  • Appliances
  • Computers
  • Jewelry

Franchise Buddy's Home Furnishings

Buddy's offers name-brand products, ranging from Ashley Furniture and Serta bedding, to Whirlpool appliances, Sony, LG, and Samsung electronics. Products are offered to customers through "rent to own" programs or traditional retail same-as-cash platforms.

Buddy's caters to the "credit challenged" consumer. Benefits to the consumer include any easy application process, no credit checks, and a wide selection of quality merchandise, flexible rent-to-own payment plans, same-day delivery, and no long-term obligation to keep the merchandise.

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Finance Information

Investments: $385,166 – $912,594

Franchise fee: $25,000

Royalty fee: 6%

Minimum Cash: $250,000

Net Worth: $500,000

Training and Support

Training

  • Online and Onsite Training Available
  • Detailed Manuals
  • Specialized Department Training
  • Designed to Enhance Store Productivity

Marketing

  • In House Agency
  • Extensive Marketing Options to Choose From
  • Targeted Mailing for Franchises
  • Monthly ADVO Opportunities Available

Video

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Training

Yes

Business Type

Franchise

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