Buddy’s Home Furnishings Franchise
To buy a franchise with Buddy’s Home Furnishings, you'll need to have at least $200,000 in liquid capital and a minimum net worth of $750,000. Buddy’s Home Furnishings charges a franchise fee of $39,900.
Franchisor Details
Total Units: 297
Year Founded: 1961
Franchising Since: 2009
Home Office: Orlando, FL
Training: Available
Locations Available: See Below*
Franchise Costs
Liquid Capital Required: $200,000
Net Worth Required: $750,000
Total Investment: $375,650 – $797,540
Franchise Fee: $39,900
Royalty Type: 6%
Vetern Discount: Veteran, First Responder
*Buddy’s Home Furnishings is currently accepting inquiries from the following locations: Alabama, Alaska, Arizona, Arkansas, Colorado, Connecticut, Delaware, District Of Columbia, Florida, Georgia, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wyoming
Values & History
Buddy’s was founded over six decades ago with the mission of making essential home goods accessible through affordable rent-to-own options. Over the years, the brand has grown into the third-largest RTO company in the U.S. It stands out for its franchise-friendly approach, including no royalties for the first six months, and a leadership team averaging 25 years of industry experience.
Industry Performance
The $12.6B rent-to-own industry has shown remarkable resilience, especially during recessions and global disruptions like the pandemic. As an essential business, Buddy’s meets the ongoing need for household items, serving a wide range of customers - particularly those with incomes up to $80K. With monthly recurring revenue, a 4–6 month ramp-up, and margins that outperform traditional retail, Buddy’s offers a compelling, scalable investment opportunity.
Training & Support
Buddy’s franchisees benefit from comprehensive back-end support, including full-service purchasing tools, vendor management, and access to bulk buying power through the Buddy’s Purchasing Program. You’ll receive hands-on operational training in collections, staffing, and customer relationships. And with a SKU count of over 22,000 and direct vendor-to-store shipping, inventory is always within reach - no distribution centers required.
Ideal Candidate & Qualifications
The ideal Buddy’s franchisee is business-savvy, driven, and ready to scale. With 91% of franchisees owning multiple units, this is a model built for entrepreneurs who want to grow. Semi-absentee ownership is an option, and only five full-time employees and a 5,000 sq. ft. footprint are needed to run each location efficiently.
Purchasing a Buddy's Home Furnishings Franchise
The full range to open a Buddy's Home Furnishings Franchise can be anywhere between $375k-798k. They typically look for around $750k net worth and $200k liquid capital to get started.
Buddy’s Home Furnishings is a FranNet Verified Brand
FranNet Verified Brands are reviewed by FranNet to ensure legitimacy and industry required documentation.
Buddy’s Home Furnishings is a FranNet Verified Brand
FranNet Verified Brands are reviewed by FranNet to ensure legitimacy and industry required documentation.