Rhea Lana's Franchise Systems Inc.
Children's consignment events

Rhea Lana's Franchise Systems Inc.
Children's consignment events

About
Founded

1997

Franchising Since

2008 (10 Years)

Corporate Address

1055 Sunflower Dr., #104
Conway, AR 72034

CEO

Rhea Lana Riner

Financial Requirements
Initial Investment

$19,050 - $38,950

Ongoing Fees
Initial Franchise Fee

$10,000 - $13,500

Ongoing Royalty Fee

3-1%

Support Options
Ongoing Support

Newsletter

Meetings/Conventions

Grand Opening

Online Support

Field Operations

Site Selection

Proprietary Software

Marketing Support

Ad Templates

National Media

Regional Advertising

Social media

Website development

Email marketing

On-The-Job Training:

39 hours

Classroom Training:

13 hours

Additional Training:

As needed

Bio
In 1997, Rhea Lana Riner held her first children's consignment sale in her living room, with just 11 consignors and hand-written price tags. Her husband suggested they computerize future events, so they built a barcoding and data entry system. By 2006, Riner was holding events in Conway, Little Rock, and Northwest Arkansas, each with close to 1,000 consignors. Franchising of the Rhea Lana's system began in 2008, and the company now has events in more than 25 states.
Cost
Initial Investment: Low - $19,050 High - $38,950
Units
+5.2%+4 UNITS (1 Year) +19.1%+13 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units throughout the U.S.
Franchise Financing
Using 401(K)/IRA Funds
  • Tax Penalty-Free
  • Debt Free
  • Expert Guidance
Learn More

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: January 17th, 2018
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