IntelliBED vs Buddy's Home Furnishings Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of IntelliBED vs Buddy's Home Furnishings including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
IntelliBED Franchise
Buddy's Home Furnishings Franchise
Investment $100,000 - And Up$385,166 - $912,594
Franchise Fee N/A$25,000
Royalty Fee -6%
Advertising Fee -$500/mo.
Year Founded 20001965
Year Franchised 02007
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
IntelliBED Franchise
Buddy's Home Furnishings Franchise
Experience --

Financing Options
 
IntelliBED Franchise
Buddy's Home Furnishings Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/Yes
Equipment -/--/Yes
Inventory -/--/Yes
Receivables -/--/-
Payroll -/--/-

Training & Support
 
IntelliBED Franchise
Buddy's Home Furnishings Franchise
Training - On-The-Job Training: 60+ hours Classroom Training: Up to 42 hours
Support -Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform
Marketing - Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations --

Expansion Plans
 
IntelliBED Franchise
Buddy's Home Furnishings Franchise
US Expansion -Yes
Canada Expansion -Yes
International Expansion --

Company Overviews

About IntelliBED

Founded in 2000, Advanced Comfort Technologies, Inc. has become one of the world leaders in sleep wellness. Most mattress companies still manufacture with the same technology developed in the 1960s - these materials can off-gas and even be harmful to the body. Through extensive research, doctor and patient interviews, and extensive third-party testing, intelliBED designed and manufactured the first ever gel-based, medical-grade sleep surface.Intelli-Gel, our proprietary technology, is the most advanced cushioning material ever created for properly supporting the human body. Intelli-Gel is a cutting edge combination of science and patented materials. Intellibed manufactures intelli-Gel mattresses in the USA in our Utah factory. We have established a network of healthcare professionals who educate people on the importance of a proper sleep surface and how it plays a vital role in achieving deep sleep. IntelliBED mattresses are engineered for better sleep by providing the proper back support and reducing tossing and turning, like no other mattress on the market.

About Buddy's Home Furnishings

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. As of July 1, 2015, 103 franchise, 54 company, and 45 partnership stores located 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