Buddy’s Home Furnishings Announces Record-Setting Growth In 2021
By: Buddy’s Property Furnishings | 1 Shares 24 Reads
Hire-To-Very own Retailer Expands Their Countrywide Footprint With 70 Franchise Agreements Signed At The Near Of The 12 months
February 25, 2022 // Franchising.com // ORLANDO, Fla. – Buddy’s Dwelling Furnishings, a retailer specializing in the gross sales and rental ownership of home furniture, electronics, appliances and household add-ons, ended 2021 with 70 franchise agreements signed. The enterprise also opened 22 new franchised areas.
The retailer has a robust heritage of multi-unit good results, with 88 per cent of all Buddy’s franchisees running two or more destinations. Multi-device operators, Buddy Mac Holdings and Pentex, expanded this 12 months, signing for an supplemental 18 models and 20 models respectively. The new merchants provide Buddy Mac Holdings and Pentex’s nationwide footprint to 77 and 82 stores respectively.
“It was an incredible yr for Buddy’s,” claimed Michael Bennett, CEO of Buddy’s Dwelling Furnishings. “Between our devoted present franchisees increasing their portfolios and introducing new entrepreneurial-minded people to our relatives of franchise homeowners, we’re searching forward to building on that accomplishment in 2022 and planting extra Buddy’s merchants in communities throughout North The united states.”
The retailer’s progress and expertise has not absent unnoticed in the RTO business. Buddy’s Property Furnishings secured a notable ranking on Entrepreneur’s 2021 Franchise 500 and Franchise Times’ 2021 Major 400 lists. Michael Bennett was also elected Initial Vice President of APRO govt committee for the 2021-22 yr.
The firm also celebrated its 60th anniversary this past year. Just after opening its initial retail store, Buddy’s Bi-Ceremony in Tampa, Florida, the firm rebranded to Buddy’s Household Furnishings and expanded its item line to include furniture, electronics, appliances and household add-ons. The company’s enterprise product makes it possible for consumers to achieve possession of objects as a result of very affordable payments with out the constraints of common credit history or funding.
Buddy’s adopted the franchise model in 2009 and was acquired by Franchise Team, Inc. in 2020. For more info or to inquire about franchising, stop by OwnABuddys.com.
About Buddy’s Residence Furnishings
Buddy’s Property Furnishings, a subsidiary of the Franchise Team, Inc. (Nasdaq:FRG), is a retailer specializing in the revenue and rental possession of furniture, electronics, and appliances. Buddy’s has far more than 300 outlets in the United States and Guam. For additional information, pay a visit to BuddyRents.com.
Supply Buddy’s House Furnishings
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