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.Asof July 1, 2015, 103 franchise, 54 company, and 45 partnership storeslocated in the South, Southeastern and Southwestern regions of the U.S. 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.The total investment necessary to begin operation of a Buddy s Home Furnishings retail business is $385,166 to $912,594. This includes $100,860 to $243,510 that must be paid to the franchisor or an affiliate. If you enter into a Development Agreement, your investment to begin operation of your first Buddy s Home Furnishings retail business will be as described above (minus the initial franchise fee for the first Buddy s Home Furnishings retail business that will be paid as part of the development fee under the Development Agreement), and you will pay the franchisor a development fee due in connection with signing the Development Agreement. The development fee will be $25,000 for your first Buddy s Home Furnishings retail business to be developed under the Development Agreement and 40% of the initial franchise fee for each additional Buddy s Home Furnishings retail business to be developed under the Development Agreement. You must commit to develop a minimum of two Buddy s Home Furnishings retail businesses under the Development Agreement. Veteran Incentives 20% off franchise fee