Âé¶¹Éç

Rhea Lana's logo
Children's resale events

Investment

$41,675

Initial Franchise Fee

$19,500

Units

121

Growth Rate

+15.2%

Overview About Investment Territories Support Operations Ranking History

Overview

Industry Children's Businesses
Founded 1997
Franchising Since 2008
Parent Company Rhea Lana's Franchise Systems Inc.
Leadership Rhea Lana Riner, President & CEO
# of Employees at HQ 28
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Units and Growth Chart

About Rhea Lana's

Do you have a passion for kids' fashion? So does founder and president Rhea Lana Riner. As a young mother of three, she struggled to find high-quality kids’ items on a budget. After inviting a few friends over to swap used children's clothing, she stumbled on overwhelming demand.

The Rhea Lana’s company was born in 1997 with the motto and focus on family, friends, and affordable fashion. Since franchising in 2008, Rhea Lana’s is an award-winning company with over 90 individually owned locations in dozens of states. 

Why You May Want to Start a Rhea Lana’s Franchise?

Franchisees with Rhea Lana’s all tend to have one thing in common—a flexible lifestyle. By allowing franchisees to run the business part-time, Rhea Lana’s fits into all types of families, from full-time working parents to stay-at-home parents. In fact, the majority of franchisees at Rhea Lana’s are moms. Powered by the community, franchisees can connect with other moms who are looking for budget-friendly clothing options for their children.

Franchisees will work their Rhea Lana’s franchise from a storefront. If your dream is to have a business while focusing on your family, joining Rhea Lana’s could be a perfect fit.

What Might Make a Rhea Lana’s a Good Choice?

To be part of the Rhea Lana’s team, you should make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. You should also be prepared for ongoing fees that will include royalty and potential renewal fees. 

When you join Rhea Lana’s, a team member will train you at one of their events, and someone from their corporate team will even attend your first event. The company provides a point of sale program and a bar-coded inventory system. The brand will set up your website and send you marketing materials. You'll get a corporate mentor, access to weekly webinars, and much more to support you on your journey with opening a Rhea Lana’s franchise.

How To Open a Rhea Lana’s Franchise

If you're ready to share your passion for consigning clothes with the world, submit a franchise inquiry form. If the brand approves, they'll reach out to you and set up a phone call that shouldn’t last much longer than an hour. Their representative can answer any of your initial questions about the opportunity.

If you like what you hear, they'll send over the Franchise Disclosure Document for you to review. When you're ready, you'll submit an official application and recommendation letters. You'll also verify that you can meet their financial requirements. 

Before Rhea Lana’s approves your application, you'll have a final call with a Rhea Lana’s team member. This is your chance to talk about your "why" behind setting up your business. You'll talk about your background, goals, and why you'd be a good match for the used children's clothing brand. If all goes well, you'll pick out your location and take a step towards selling clothes as unique as the kids who'll wear them.

Investment Details

Initial Franchise Fee $19,500
Initial Investment $41,675 - $68,650
Net Worth Requirement
Cash Requirement
Royalty Fee 3%-1%
Ad Royalty Fee $350/event
Technology Fee $75/mo.
Term of Agreement 5 years
Is Franchise Term Renewable? Yes
Financing In-House
Veterans Incentive N/A

Available Territories

Franchising opportunities available in the following regions

United States

Training & Support Programs

Comprehensive training and ongoing support to help you succeed

Training

On the Job Training 13.25 hours
Classroom Training 16.25 hours

Ongoing Support

Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform

Marketing Support

Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations & Requirements

Key operational details and requirements for running this franchise

Is absentee ownership allowed? No
Can this franchise be run from home/mobile unit? No
Can this franchise be run part time? Yes
# of employees required to run 0
Are exclusive territories available? Yes

Ranking History

Rhea Lana's performance in the Franchise rankings over recent years

Additional Rankings

Curious to know where Rhea Lana's ranked on other franchise lists? Find out below.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Âé¶¹Éç Media. Our listings and rankings are solely research tools you can use to compare opportunities. Âé¶¹Éç stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022