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Buddy's Home Furnishings
#190 Franchise 500| Home-furnishing, electronics, and appliance leasing

About
Founded

1965

Franchising Since

2007 (11 Years)

Corporate Address

6608 Adamo Dr.
Tampa, FL 33619

CEO

Michael Bennett

Parent Company

Buddy's Newco

Financial Requirements
Initial Investment

$385,166 - $912,594

Net-worth Requirement

$500,000 - $5,000,000

Liquid Cash Requirement

$250,000 - $5,000,000

Ongoing Fees
Initial Franchise Fee

$25,000 - $25,000

Ongoing Royalty Fee

6%

Ad Royalty Fee

$500/mo.

Financing Options

Buddy's Home Furnishings has relationships with third-party sources which offer financing to cover the following: 
startup costs, equipment, inventory

Veteran Incentives

20% off franchise fee

Support Options
Ongoing Support

Purchasing Co-ops

Newsletter

Meetings/Conventions

Grand Opening

Online Support

Security/Safety Procedures

Field Operations

Site Selection

Franchisee Intranet Platform

Marketing Support

Co-op Advertising

Ad Templates

Regional Advertising

Social media

SEO

Website development

Email marketing

Loyalty program/app

On-The-Job Training:

60+ hours

Classroom Training:

Up to 42 hours

Buddy's Home Furnishings is ranked #190 in the Franchise 500!
Cost
Initial Investment: Low - $385,166 High - $912,594
Units
+36.5%+77 UNITS (1 Year) +73.5%+122 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units throughout the U.S.
Franchise Financing
Using 401(K)/IRA Funds
  • Tax Penalty-Free
  • Debt Free
  • Expert Guidance
Learn More

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: November 1st, 2017