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Updated RecentlyRenaissance Fine Consignment vs Rhea Lana Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Renaissance Fine Consignment 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 | $86,175 - $227,000 | $19,050 - $38,950 |
| Franchise Fee | $30,000 | $10,000 - $13,500 |
| Royalty Fee | 4% | 3%-1% |
| Advertising Fee | - | - |
| Year Founded | 1997 | 1997 |
| Year Franchised | 2010 | 2008 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | Renaissance Consignment is seeking individual franchise partners throughout the United States as well as multi-unit development partners domestically and internationally. To be considered, individuals or partnerships must meet the following minimum criteria: *Demonstrated enthusiasm, drive, and passion *Management Experience *Love working with Retail and Fashion *Minimum financial net worth of $75,000 | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | - | On-The-Job Training: 39 hours Classroom Training: 13 hours Additional Training: As needed |
| Support | Real Estate and Site Selection Lease Approval Pre-opening Management Training Vendors and Equipment Opening Support Information Technology Marketing and Public Relations Operations Support Purchasing and Distribution | 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 | - | - |
| International Expansion | - | - |
Company Overviews
About Renaissance Fine Consignment
Renaissance is using a business model based on over 13 years of operational experience in the high-end consignment field. With the Renaissance Fine Consignment franchise you can build a very successful business using our expertise and knowledge in this industry.Renaissance Fine Consignment is an industry innovator for retail consignment. The Renaissance Fine Consignment business model combines the best of all worlds, an exciting
and fun retail business model, no need to worry about expensive inventory and high investment costs, Renaissance has designed the PERFECT retail business model. By using the specific
consigning process and pricing strategies, as a Renaissance Fine Consignment team member,
you will not need to invest in inventory and expensive trends...the consigners help you manage
what will sell and what you should carry.
To be every shopper's favorite place to buy high end clothing and retail items and provide a
truly enlightening shopping experience, Renaissance Fine Consignment chooses only the best people to be Renaissance Fine Consignment franchisees. Our franchise partners are
committed to delivering the highest quality products to customers in the most exciting retail
environment possible. Renaissance is setting a new standard of customer experience and
expectations for the Consignment Industry. From the quality of the items we offer customers
to the care that our staff provides customers who visit the locations, our Renaissance Fine Consignment franchise partners will proudly strive to deliver a great customer experience in
every location across America, every time.
The Renaissance Fine Consignment corporate team is dedicated to ensuring the success of the Renaissance Fine Consignment franchisees so Renaissance Fine Consignment can become
every shopper's favorite place to visit. The Renaissance Fine Consignment corporate team has a variety of backgrounds, including operations, real estate, marketing, public relations, human
resources, purchasing and information technology. The Renaissance Fine Consignment team
specializes in helping Renaissance Fine Consignment franchisees during pre-opening, grand
opening and provides on-going support.
Renaissance Fine Consignment succeeds if our franchisees succeed, and we are committed
to your success! The Renaissance Fine Consignment franchise team will provide you with the systems, resources and support you need to operate your business successfully.
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.