Buddy Bi-Rite, known today as Buddy’s Home Furnishings was founded in 1961 by Norman Slatton Sr. in Tampa, Florida. The company originally operated as a retail outlet for used appliances. Economic changes in the mid-eighties impacted the retail business and Norman quickly realized that many consumers could not obtain traditional financing or afford to make a large cash purchases. Buddy’s expanded its product line to include furniture, electronics and home accessories while offering a new program that allowed consumers to attain ownership of these goods through affordable payments without the constraints of traditional credit or financing.
Today, Buddy’s Home Furnishings headquartered in Orlando, Florida is the third largest rent-to-own company in the industry with more than 200+ corporately owned and franchised store locations operating throughout the United States and Guam.
Join one of the Fastest Growing Lease Purchase / Rent to Own Company in America – Buddy’s Home Furnishings is the third largest Rent-To-Own (“RTO”) furniture, appliance, electronic and computer provider in the United States. Buddy’s was founded in 1961 in Tampa, Florida and for the first 30 years of existence the Company operated 21 stores in the Greater Tampa Area. Over the past five years, Buddy’s has aggressively expanded its footprint by adding new company-owned and franchised stores outside of its home area. Currently, Buddy’s has more than 200 locations operating in the U.S. and Panama. The Company plans to continue this rapid growth over the next several years by opening new company-owned stores, acquiring independently operated RTO stores and franchising stores.