Franchise Details | Dora Agent
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Buddy's Home Furnishings

Recession-resistant and great unit economics: On average, our top 25% of stores generate $1,501,500 in gross sales. 0% Royalties for the first 6 months, fast ramp up in just 4-6 months!

Overview

Buddy’s Home Furnishings is the fastest growing rent-to-own franchise in America and sits prominently in the $11.4 billion rent-to-own industry. The rent-to-own retailer offers customers affordable payments on home necessities such as name-brand furniture, electronics, appliances and home accessories. The company has a 60-year history of proven success in its industry and continues to withstand good and bad economies as an essential, recession-resistant business. Franchise owners receive a 0% royalty fee the first six months and see an average of 25% in free cash flow, which is attributed to a unique recurring revenue model in rent-to-own. Buddy's is growing past its current nationwide footprint of 330 locations, and 88% of the company's franchisees are multi-unit owners.


Why Choose Us

Buddy’s Home Furnishings offers customers affordable payments on home necessities including name-brand furniture, electronics, appliances, and home accessories. The company is one of the fastest growing rent-to-own franchises in America and sits prominently in the $11.1 billion rent-to-own industry.** What is Rent-to-Own? Rent-to-own (RTO) is an essential and recession-resistant industry offering customers affordable payments on everyday necessities, which is why RTO annual revenue has steadily increased for decades despite good and bad economies. The rent-to-own industry gained traction in the 1970s in response to customer demand for acquiring household products without incurring debt or jeopardizing the family’s credit. RTO customers continue to come from all walks of life and share the common desire to have durable goods in their homes without the long-term financial obligations associated with credit sales. The cornerstone of RTO, and a point of differentiation from traditional retail, is there is no interest, no credit check and customers can return the merchandise at any time for any reason without penalty. This model has become a mainstream hallmark of consumerism spanning industries from car sharing services, to clothing rental subscriptions, technology trade-in programs and so much more. According to the 2021 Association of Progressive Rental Organizations (APRO) Annual Industry Health Survey, the RTO industry served an estimated total of 5.27 million households in 2020—approximately 1 of every 23 American households rented products from a traditional brick-and-mortar RTO store. Why Franchise with Buddy’s Home Furnishings? There are many benefits to franchising with one of the fastest-growing rent-to-own retailers:

Availability

The Lending Network is currently accepting inquiries from the following states:

Alabama, Arkansas, California, Colorado, Connecticut, District Of Columbia, Delaware, Florida, Georgia, Illinois, Indiana, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, North Carolina, New Mexico, Ohio, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, Washington

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Awards

The Lending Network has received the following awards and acknowledgements:

Award 4

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Award 3

In publishing and graphic design, Lorem ipsum is a placeholder text commonly used to demonstrate the visual form of a document or a typeface without relying on meaningful content.


Award 2

In publishing and graphic design, Lorem ipsum is a placeholder text commonly used to demonstrate the visual form of a document or a typeface without relying on meaningful content.


Award 1

In publishing and graphic design, Lorem ipsum is a placeholder text commonly used to demonstrate the visual form of a document or a typeface without relying on meaningful content.


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