September 20, 2024 // Franchising.com // ORLANDO, Fla. — Buddy’s Home Furnishings has announced that Hodge RTO Group, Inc. has acquired six locations from WRE, LLC.
William and Stacy Hodge currently own and operate three locations in Lexington, Asheboro and Sanford, North Carolina. Through the acquisition of these six stores, they will expand their operations into Central and Southern Virginia.
“It’s an honor to assume ownership of these six locations from the team at WRE as they transition into retirement,” said William. “We’ve successfully established a strong presence and network in North Carolina, and we look forward to continuing that momentum into Virginia. Through Buddy’s support, we’re confident that it will be a seamless transition.”
“These Virginia stores are in good hands with the Hodge Group,” said Mitchell Lee, Senior Director of Franchise Development for Buddy’s. “Now more than ever, customers need affordable options for home necessities, and we’re proud to say that the Hodges will continue to fill that need in these communities across Virginia.”
SOURCE Buddy’s Home Furnishings
Buddy's is one of the fastest growing rent-to-own franchises in America with 60 years of proven success. Franchise owners enjoy a 0% royalty fee the first six months and an average of 24% in free cash flow, thanks to recurring rent-to-own revenue.