Buddy’s Home Furnishings Multi-Unit Franchise Operator Grows To 75 Stores, Announces Acquisition
Buddy Mac Holdings, LLC Opens Eight Franchise Locations and Acquires Show Me Rent to Own, Inc.
August 04, 2021 // Franchising.com // ORLANDO, Fla. - Buddy Mac Holdings, LLC (BMH), the second largest multi-unit franchise operator with Buddy’s Home Furnishings, has grown its nationwide footprint to 75 locations across seven states with the opening of eight new franchises across Texas and Oklahoma, and acquisition of nine Show Me Rent to Own, Inc. (SMRTO) locations.
“We’re proud to introduce Buddy’s to several new communities nationwide and offer customers an affordable way to attain home necessities such as furniture, electronics and appliances,” said Ian MacDonald, President and CEO of BMH. “As we look ahead to the remainder of 2021, we plan to open at least four more franchised stores across Florida, New Mexico, Texas and Oklahoma.”
BMH plans to rebrand the nine SMRTO locations, predominantly located in southeastern Missouri. SMRTO was independently owned and operated by Gary and Kathy Romine for nearly 40 years.
“We are extremely impressed with the business the Romines have built over the last several decades, and it’s an honor to formally welcome them into the BMH family,” said Clifford “Chip” Guy, Vice President of Operations for BMH. “We look forward to working with their seasoned team over the years to come.”
BMH began franchising with Buddy’s in 2015. “It was like purchasing a tried and true recipe,” said Guy. “You follow the instructions, and you will have a successful franchise whether it's a single or multi-unit network. Buddy’s also has an incredible support team and fosters a culture that strives to treat every employee as family rather than just another number on the payroll. We keep growing because we’re well supported, and our people continue to be the foundation of our success.”
Guy started with Buddy’s more than 20 years ago as a delivery technician. “Over my tenure with the company, I’ve witnessed a tremendous amount of growth and have worked my way up through almost every position to get where I am today,” he said. “It’s an honor to continue my journey with Buddy’s by overseeing the operations of BMH.”
Buddy’s was founded in 1961 as Buddy’s Bi-Rite in Tampa, Florida. Since then, the company rebranded to Buddy’s Home Furnishings as it expanded its product line to include furniture, electronics, appliances and home accessories. The company’s business model allows customers to attain ownership of items through affordable payments without the constraints of traditional credit or financing.
“BMH is a longstanding, trusted partner of Buddy’s, and it’s been incredible to watch them build their multi-unit empire,” said Michael Bennett, CEO of Buddy’s. “On behalf of our home office team, we wish them the very best as they continue to open new stores across the country.”
Buddy’s adopted the franchise model in 2009 and was acquired by Franchise Group, Inc. in 2020. This year, the company celebrates 60 years in business and has more than 300 operating stores, 262 of which are franchised locations. For more information or to inquire about franchising, visit OwnABuddys.com.
About Buddy’s Home Furnishings
Buddy's Home Furnishings is a retailer specializing in the sales and rental ownership of furniture, electronics, and appliances. Buddy's has more than 300 stores in the United States and Guam. For more information, visit BuddyRents.com.
SOURCE Buddy’s Home Furnishings
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