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Updated RecentlyPlay N Trade vs Rhea Lana Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Play N Trade vs Rhea Lana including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $216,600 - $329,000 | $19,050 - $38,950 |
| Franchise Fee | $30,000 | $10,000 - $13,500 |
| Royalty Fee | 5% | 3%-1% |
| Advertising Fee | 2%local + 1%Nat'l | - |
| Year Founded | 2001 | 1997 |
| Year Franchised | 2003 | 2008 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | Yes/No | -/- |
| Start-up Costs | No/Yes | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/Yes | -/- |
| Receivables | No/Yes | -/- |
| Payroll | No/Yes | -/- |
Training & Support |
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| Training | * Complete all the online training courses. * Read your daily emails that include tips and updates five days a week. * Attend the regular companywide conference calls which we typically hold twice per month. These calls are also recorded for your convenience. * Attend the training sessions at our Support Center in San Clemente CA. (approx nine days) * Work in a high volume store where you can learn from a successful veteran. | On-The-Job Training: 39 hours Classroom Training: 13 hours Additional Training: As needed |
| Support | You will start by working with a franchise development professional who will guide you through the investigative and financing process. Once you are on board as a franchisee, you will begin working with our real estate department and guide you through the site selection process and negotiating your lease. You will be provided a checklist of items to get your store open. We will track your time to opening and will make sure that you are connected with the appropriate vendors at the right times to support you in your ordering, grand opening, Point of Sale training, and set up of your business accounts. We have support personnel at our office six days a week to answer your calls and emails. | 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 |
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| US Expansion | - | Yes |
| Canada Expansion | No | - |
| International Expansion | No | - |
Company Overviews
About Play N Trade
Play N Trade is a complete solution that meets an important need in our society; ecology and economy. In a society where everything is changing at a breakneck speed, Play N Trade gives a second life to your electronic devices, video games and more. As an investment into Play n Trade we know that an important part of our brand and for today’s consumer the experience is more important than ever before. That is why we are continuously improving our store look, technology platforms, services and product mix.
If you are committed to developing a company that offers a unique shopping experience in the world of entertainment, you’ve found what you’re looking for!
Play N Trade is the most comprehensive solution on the market. It offers a diversified source of income such as rent, sale, trade in electronics and video games, a games room, inter-store transfers, online sales and repair for consoles and portable electronics. Our concept is evolving. The arrival of digital distribution is expected and fits perfectly with our concept of trade-in Entertainment.
About Rhea Lana
- An established children's clothing event can provide the income of a regular paying job, at the least. It's true. Working two-three months per year on a successful sale in a mid-sized market can beat a full-time job, leaving more time and flexibility for you and your family (during the down times!)
- Children's clothing events are needed, especially in "down" economies. Instead of a specialty niche franchise which requires women to have spare income, moms will ALWAYS buy cute clothing for their children. These events are biggest when the dollars are stretched the farthest.
- No Overselling. Many franchise businesses can't be truthful about this. Everyone knows - children need cute clothes.
- Rhea Lana Riner has been holding very successful Children's Clothing Consignment events for 17 years. Our experience and high standards mean that our events are organized, streamlined and most of all - profitable! We hold six flagship events per year in relatively small to medium-sized markets - all very profitable.
- Rhea Lana is an expert, and you'll be working with her and her great support team. With six successful events annually and seventeen years of experience Rhea Lana is the best. Rhea Lana's franchisees will receive an exhaustive manual detailing the secrets to a successful event.
- Rhea Lana's® is the original and best online tagging system available. No one has been bar-coding online longer and settling back to consignors more quickly than Rhea Lana's®. A Rhea Lana's® Franchisee will have the highest quality sale in her market. A Rhea Lana's® sale attracts the high value items which moms can't wait to buy.
- A Rhea Lana's® Franchise is reasonably priced. Rhea Lana's® Franchises are lower in cost than other similar franchises - and offer much more. Rhea Lana's® does not carry a large overhead burden with lots of full time employees. But, the people we DO have are incredible! Our streamlined operations helps you invest more money in your business.
- Our technology is included in the price. Your Rhea Lana's® website is included! While you will supply your computers and Microsoft software, the famous consignment management, barcoding programs, and web pages that make our system great will be yours to use absolutely free.
- This market is untapped in many cities in the U.S. And your city doesn't have Rhea Lana's - yet. Whether your city has none, one or many sales, the time is ripe to introduce moms to Rhea Lana's®. Excellent Rhea Lana's® Sales always grow, even with competition.
- A Rhea Lana's® Franchise includes exclusive rights to Rhea Lana’s® in your territory.
- Rhea Lana's has had an incredibly low turn over rate since we began franchising in 2008 because we care about the success of our franchisees. Some Rhea Lana Franchisees have decided to sell their business for one reason or another, and typically have been able to quickly find a buyer due to the value of a Rhea Lana's Franchise. We believe in long-term relationships with our franchise owners. We consider our Rhea Lana Franchisees like family and part of a very special network and support system.
- The Franchise Fee of an exclusive Rhea Lana Territory is $10,000-$13,500, depending on the size of the territory. Royalties are 1-3%. The percentage begins at 3%, then declines as gross sales rise and owners learn the business. This is the opposite of some franchise models. But at Rhea Lana's®, we want our franchise owners to keep more of their hard earned money!
- A current Rhea Lana franchise owner in good standing may purchase additional territories at a discounted rate.
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#89 in Gator's Top franchises.