Question 1

Does Buddy's Home Furnishings franchise offer exclusive territory?

Accepted Answer

Buddy's Home Furnishings offers Exclusive territory protection to its franchisees. This means no other franchisee can open in your designated area.

Question 2

What is the Buddy's Home Furnishings franchise agreement term length?

Accepted Answer

The initial franchise agreement term for Buddy's Home Furnishings is 10 years. Franchisees may renew up to 1 time for 10-year periods. The total potential term is 20 years.

Question 3

What is the non-compete clause for Buddy's Home Furnishings franchise?

Accepted Answer

The Buddy's Home Furnishings franchise non-compete clause extends for 1 year within a 15-mile radius after termination or expiration of the franchise agreement.

Question 4

Can you transfer or sell a Buddy's Home Furnishings franchise?

Accepted Answer

Yes, Buddy's Home Furnishings allows franchise transfers, subject to franchisor approval and conditions outlined in the agreement. A transfer fee of $10,000 applies.