Buddy’s Home Furnishings Signs Eight Home Furnishings Agreement in Georgia
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Reached nearly 20 franchise agreements statewide in 202
September 29, 2021 // Franchising.com // Buddy’s Home Furnishings, a retailer specializing in the sale and rental of furniture, electronics, appliances and home furnishings, recognized Loren Pierce, PharmD, RPh, with eight branches in Georgia. The deal comes on top of Buddy’s recent spike in statewide interest, reaching 16 franchise deals signed in 2021 alone. Once opened, Buddy’s will have nearly 40 locations across Georgia.
Pierce is the Founder and CEO of Pierce Pharmacy Management, Inc., a group of entities comprising over 20 retail pharmacies, durable medical equipment, drug wholesalers and florists.
âWith tight margins in the retail pharmacy environment, I began to explore other synergistic, community-driven retail businesses, which led me to Buddy’s,â said Pierce. âAs a pharmacist, my mission is to serve my community and, ultimately, to make it better. This philosophy aligned well with Buddy’s mission and core values, making the franchise opportunity a natural fit for my next business.
The new franchise storefronts are expected to open over the next three years and are slated for communities of Jackson, McDonough, Covington, Monroe, Winder, Athens and Milledgeville across the state of Georgia.
“This agreement allows Buddy’s to provide an affordable way to meet the needs of the home to eight new communities across Georgia, which we can all celebrate,” said Michael Bennett, CEO of Buddy’s. âWe are delighted to have Loren Pierce with us as a new multi-unit franchisee. His expertise as a seasoned entrepreneur coupled with his commitment to the communities he serves make him an ideal candidate for the Buddy team.
Buddy’s was founded in 1961 as Buddy’s Bi-Rite in Tampa, Florida. Since then, the company has rebranded itself as Buddy’s Home Furnishings as it expanded its product line to include furniture, electronics, appliances and home furnishings. The company’s business model allows customers to acquire ownership of items through affordable payments without the constraints of traditional credit or financing.
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 over 300 stores in operation, of which 269 are franchise stores. . For more information or to learn about franchising, visit OwnABuddys.com.
About Buddy’s Home Furnishings
Buddy’s Home Furnishings is a retailer specializing in the sale and rental of furniture, electronics and appliances. Buddy’s has over 300 stores in the United States and Guam. For more information, visit BuddyRents.com.
SOURCE Buddy’s furniture
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