Cash Converters vs Rhea Lana Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Cash Converters vs Rhea Lana including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Cash Converters Franchise
Rhea Lana Franchise
Investment $160,000 - $300,000$19,050 - $38,950
Franchise Fee $50,000$10,000 - $13,500
Royalty Fee -3%-1%
Advertising Fee --
Year Founded 19951997
Year Franchised -2008
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Cash Converters Franchise
Rhea Lana Franchise
Experience --

Financing Options

 
Cash Converters Franchise
Rhea Lana Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Cash Converters Franchise
Rhea Lana Franchise
Training -On-The-Job Training: 39 hours Classroom Training: 13 hours Additional Training: As needed
Support -Newsletter Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software
Marketing -Ad Templates National Media Regional Advertising Social media Website development Email marketing
Operations --

Expansion Plans

 
Cash Converters Franchise
Rhea Lana Franchise
US Expansion -Yes
Canada Expansion No-
International Expansion No-

Company Overviews

About Cash Converters

Cash Converters is a unique and exciting international retail concept. What began in Perth Australia in 1984 is today a dynamic international franchise group with over 500 stores worldwide. Cash Converters specializes in the buying and selling of quality second-hand goods - jewelry, TVs, stereos, tools, electrical goods, etc. Bright, well-merchandised stores with trained, uniformed staff service the customers who receive cash for their goods when they sell and a 30-day warranty on products when they buy. People have been trading goods for hundreds and hundreds of years. The primal instinct to exchange one thing for something else probably pre-dates written history. It's an instinct that drives bargain hunters to garage sales and auction lovers to on-line sites.
The desire to strike a deal, to barter or to think you have obtained something for virtually nothing is the reason Cash Converters came into existence.

About Rhea Lana

"Top
#89 in Gator's Top franchises.