10/10

Franchimp Summary Rating

10 /10
Lower than 4% of peers

Franchise Summary

Description
Rhea Lana’s Franchise Systems, Inc. is offering franchises to establish and operate periodic, non-continuous consignment sales of children’s clothing and related items.
Company Background
Rhea Lana's is a company that offers franchises to establish and operate periodic, non-continuous consignment sales of children's clothing and related items. This Franchise Disclosure Document describes the offer of the right to establish and operate a Rhea Lana's consignment sale pursuant to a Franchise Agreement that is more particularly described here.
Franchise Opportunity
Parents are always looking for ways to save money on children's clothing, but they don't have time to shop around or wait for sales. It can be hard to find affordable, high-quality children's clothing that is also in style. Most consignment sales are only held a few times a year, and the selection can be limited. Rhea Lana's offers a unique solution that allows parents to save money on children's clothing all year long. Our consignment sales are held periodically throughout the year, and we offer a wide selection of name-brand clothes, toys, and accessories.
Corporate Structure
Rhea Lana’s Franchise Systems, Inc. is a corporation organized under the laws of Arkansas on December 2, 2011. Their principal place of business is P.O. 10222, Conway, Arkansas 72034. They started offering franchises in February 2008.

Franchise Types Available

# Type Investment Fees

Employee Contact Database

# Name Position Phone Number Email Address

Distribution of Rhea Lana's Franchisees

Rhea Lana's Franchise System Development in 2015

FAQ

How much investment do I need to start my own Rhea Lana's business?
Franchisees typically require at least $28 to $45 investment to get their Rhea Lana's business started
What are the initial franchise fees for Rhea Lana's?
Franchisees typically need to pay at least $19 in fees directly to Rhea Lana's in order to earn the right to launch their business
How much money can I make with a Rhea Lana's franchise? What are the average revenues for a typical Rhea Lana's business?
We haven’t done the math on how much revenue a typical Rhea Lana's brings in each year. We estimate that other franchisees in the Professional Services industry generate $932,459 revenue, so we would expect Rhea Lana's to generate a similar amount
How long do I need to commit to running a Rhea Lana's unit? What is my contractual commitment?
Rhea Lana's franchisees are typically required to sign up to a 5 year contract initially. The renewal length is 5 years. You can of course exit early but don’t expect to get any refund!

Accessibility

10 /10
The Franchisor's investment costs ranges from $28,675 to $45,900 which is Much Lower than the $0 to $0 average in the Child-Related industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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