What is Rent-to-Own?
Rent-to-Own (RTO) is an $11.1 billion industry that allows customers to obtain everyday necessities through affordable payments without the pressure of long-term financial obligations. The RTO industry emerged in the 1950s in response to customer demand for acquiring household products without incurring debt or jeopardizing the family’s credit. The cornerstone of RTO is there is no interest, no credit check and customers can return the merchandise at any time for any reason without penalty.
In good economies and bad, RTO annual revenue has withstood economic headwinds and steadily increased for decades.
The RTO model has become a mainstream hallmark of modern-day consumerism spanning industries from car sharing services, to clothing rental subscriptions, technology trade-in programs and so much more.
Recurring Revenue
Recession Resistant
Essential Industry
Unlimited Growth Potential
Ready to Convert, Expand or Sell Your Rent-to-Own Business?
Tired of going at it alone? Converting your independently-owned RTO store to Buddy’s gives you personalized support, local marketing resources and financing options while keeping it your own.
Looking for a way to expand your store’s product assortment but don’t know where to start? Buddy’s franchise owners utilize the power of buying in bulk. The Buddy’s Purchasing Program unlocks access to national and regional vendors with a variety of inventory at great rates.
Our decades of experience in the field grants you the unique opportunity to leave your location in good hands. Buddy’s franchising model and years of proven success means we have you and your store covered.
Listen to multi-unit franchise owner Alex Melvin discuss the rent-to-own industry, exceptional customer service and the Buddy’s difference.
Listen to multi-unit franchise owner Jerry Marshall discuss his experience, why he chose Buddy’s, and the people-oriented nature of the rent-to-own industry.
Hear multi-unit franchise operator Ray Muncy reveal how the Buddy’s “Playbook” and continuous growth sets franchise owners up for success!
Start your franchise journey with Buddy’s today by scheduling a call with our franchise development team.
