Buddy’s Franchising Benefits
Why should I consider a franchise?
Over 67% of independent start-up businesses fail within the first three years, with 38% failing in the first year alone.Â However, over 90% of franchises remain in business after 5 years.Â
What drives the success of Buddyâ€™s franchising?
From site selection to purchasing and back office services, the Buddy’s System is designed to maximize your ROI while allowing local flexibility.
What are the financial qualifications for a Buddyâ€™s Franchise?
You will need to have $500,000 net worth with at least $200,000 working capital.
What is the typical square footage for a Buddyâ€™s store?
Our prototypical store is about 6,000 square feet.Â But, we are flexible and will consider any optimal store location between 4,000 â€“ 10,000 square feet. We locate our stores in both stand-alone buildings or in strip centers near major shopping hubs in small, medium and large population markets.
Will I have a protected territory?
Yes.Â Protected territories are based on population density and depending on whether you are in an urban or a rural market will dictate how large your protected territory will be.
What type of merchandise does Buddyâ€™s carry?
Buddy’s has relationships with all major furniture, appliance, computer and electronics vendors.
Do I have to work full time in the store?
Your choice. Buddy’s provides training in store operations that are typically handled by a General Manager.