Prime Rate:6.75%Fed Funds:3.64%5-Yr Treasury:3.88%10-Yr Treasury:4.25%30-Yr Treasury:4.83%30-Yr Mortgage:6.22%·Updated Mar 19, 2026Prime Rate:6.75%Fed Funds:3.64%5-Yr Treasury:3.88%10-Yr Treasury:4.25%30-Yr Treasury:4.83%30-Yr Mortgage:6.22%·Updated Mar 19, 2026
Rates
2024 FDD ON FILEUsed Merchandise Stores
Rhea Lana's

Rhea Lana's

Franchising since 1997 · 2 locations

The total investment to open a Rhea Lana's franchise ranges from $42,000 - $69,000. The initial franchise fee is $19,500. Ongoing royalties are 1%. Rhea Lana's currently operates 2 locations (2 franchised). PeerSense FPI health score: 50/100. Data sourced from the 2024 Franchise Disclosure Document.

Investment

$42,000 - $69,000

Franchise Fee

$19,500

Total Units

2

2 franchised

FPI Score
Low
50

Proprietary PeerSense metric

Moderate
Capital Partners
2lenders available

Active capital sources verified for Rhea Lana's financing

SBA

7(a) Eligible

21d

Avg Funding

P+2.25%

Best Rate

No retainers · Referral fee at closing

FPI Score Breakdown

Emerging (3-9 loans)

Limited Data
50out of 100
Moderate

SBA Lending Performance

SBA Default Rate

0.0%

0 of 3 loans charged off

SBA Loans

3

Total Volume

$0.1M

Active Lenders

2

States

2

What is the Rhea Lana's franchise?

Navigating the complex landscape of franchise opportunities can be a daunting task for prospective investors, often fraught with the fear of misallocating capital or selecting a brand ill-suited to their entrepreneurial aspirations. Many individuals seek a business model that not only offers financial viability but also aligns with personal values and provides flexibility, particularly for those balancing business ownership with family commitments. The children's consignment event industry, a vibrant and growing segment within the broader retail market, presents a compelling solution for these challenges, and Rhea Lana's Franchise Systems, Inc. stands out as a uniquely positioned leader. Founded in 1997 by Rhea Lana Riner in Conway, Arkansas, a dedicated mother of three who initially sought to acquire high-quality children's items without exceeding a strict budget, the company’s genesis was rooted in a practical, community-focused need. What began as informal children's clothing swaps and sales hosted from her home rapidly escalated due to overwhelming local demand, demonstrating an immediate and profound market resonance. The business formally registered as Rhea Lana's Franchise Systems, Inc., adhering to Arkansas law, and maintains its main office and headquarters in Conway, Arkansas, solidifying its deep roots in its founding community. The brand initiated its franchising program in 2008 and has since cultivated a nationally recognized presence, expanding significantly across the United States. As of October 2025, Rhea Lana's Franchise Systems operates more than 119 active franchise locations spanning approximately 27 states, while other contemporary reports indicate similar figures, such as nearly 120 franchise locations across 25 states or about 120 locations in 26 states as of August 2025, and over 105 locations across 25 states as of November 2023. In 2025, the brand reported a total of 117 units, with 115 being franchised-owned and 2 company-owned, focusing its entire operational footprint within the USA. Rhea Lana Riner continues to serve as the Founder and CEO, guiding the company with her founding vision, while her husband, Dave Riner, an accomplished professional holding Biomedical and Chemical Engineering Degrees from Vanderbilt and an MBA from the University of Arkansas, contributes significantly in a vital behind-the-scenes capacity. The leadership team is further bolstered by Beth Phillips as COO, Nick Schuize as Chief Business Development Officer, Erin Franklin as CFO, and Abbie Kent as Director of Marketing, all committed to the company's enduring motto and focus since its inception: family, friends, and affordable fashion. This strategic leadership and consistent growth trajectory establish Rhea Lana's Franchise Systems as a dominant and growing force within its specific niche, offering a highly regarded franchise opportunity that directly addresses a critical consumer problem within a substantial total addressable market.

The used merchandise stores category, particularly the children's consignment segment, operates within a total addressable market driven by robust consumer trends and secular tailwinds. The demand for secondhand children's products is experiencing significant growth, fueled by several macroeconomic and social factors that make this industry category particularly attractive for franchise investment. Modern families are increasingly prioritizing affordability and sustainability when making purchasing decisions for children's clothing, toys, and gear, a trend that intensifies with economic fluctuations and heightened environmental awareness. Cost-conscious shopping habits, a perennial driver in household budgeting, are now synergistically paired with a growing sense of environmental responsibility, especially among millennial parents who are actively seeking ways to reduce waste and embrace circular consumption models. This confluence of factors creates a powerful and sustained demand for high-quality, gently used children's items. The event-based model pioneered by Rhea Lana's Franchise Systems effectively capitalizes on this burgeoning demand by providing a highly organized, community-driven platform for both buying and selling. Unlike fragmented online marketplaces or less curated resale shops, Rhea Lana's events offer a "boutique-style" shopping experience, where items are meticulously inspected for quality, neatly organized by size and category, and presented in temporary retail spaces, elevating the perceived value and shopping convenience. The scalability inherent in the Rhea Lana's Franchise Systems model, coupled with its proprietary technology platform, further supports its expansion into new markets across the USA, addressing underserved regions and capitalizing on identified hot markets. This industry category attracts franchise investment due to its strong consumer pull, relatively low barrier to entry for consumers (both sellers and buyers), and its alignment with contemporary values of thrift and sustainability. The competitive dynamics within the children's consignment event sector are characterized by a mix of independent operators and a few branded systems, but Rhea Lana's Franchise Systems has carved out a leading position through its brand recognition, operational consistency, and comprehensive support structure. Macro forces such as inflation and a broader cultural shift towards conscious consumption create an enduring opportunity for the Rhea Lana's Franchise Systems model, ensuring its continued relevance and growth potential.

Investing in a Rhea Lana's Franchise Systems franchise involves a low-to-moderate initial capital outlay, making it an accessible option for many aspiring entrepreneurs. The initial franchise fee is $19,500, though some reports indicate a range from $16,500 to $19,500, with the specific amount often contingent on the size of the territory secured by the franchisee. This fee falls comfortably within the lower end of franchise fees across the broader industry, which frequently range from $25,000 to $50,000 or even higher, positioning Rhea Lana's as a financially approachable franchise opportunity. The total initial investment range varies across different reports, from $16,050 to $33,050 in some instances, and $28,675 to $45,900 in others, while some sources cite $42,000 to $69,000. However, a detailed breakdown from the 2025 Franchise Disclosure Document provides a precise and comprehensive range for the total initial investment, specifying it between $41,675 and $68,650. This detailed analysis accounts for various essential expenses, including the initial franchise fee of $19,500, permits and licenses which can range from $0 to $500 depending on local regulations, and real estate costs for event venues, estimated between $5,000 and $10,000. Other key components of the initial investment include utility costs and deposits ($0-$750), prepaid insurance premiums ($250-$750), and necessary operational equipment such as racks and tables ($5,000-$15,000). Branding elements like signage are estimated at $1,000 to $1,500, while initial supplies require $2,500 to $5,000. Pre-opening training costs are projected between $1,000 and $2,000, and initial advertising efforts require $3,000 to $4,500. Technology fees range from $75 to $900, with computer and software equipment costing $500 to $1,500. Miscellaneous opening expenses are set between $2,500 and $4,000, and an additional funds buffer for the first three months is recommended at $1,000 to $2,000. An application fee of $50 and an email marketing fee of $350 to $700 complete the detailed breakdown of the initial investment for a Rhea Lana's Franchise Systems location. The liquid capital required for interested parties is notably accessible, ranging from $8,000 to $10,500, further solidifying its position as an investment that does not demand prohibitively high upfront liquidity. A significant incentive includes a discount on the franchise fee specifically offered for veterans, underscoring the brand's commitment to supporting military families. After the initial five-year franchise agreement, franchisees are provided the option to renew their agreement at a substantially reduced rate of $3,900, demonstrating a long-term commitment to franchisee retention and success. Ongoing fees include a royalty fee of 1% to 3% of gross sales, structured to decrease as franchisees' sales volumes increase, thereby incentivizing growth and rewarding high performance. An advertising or marketing fee of approximately $350 per event is also charged, dedicated to supporting brand promotion and localized marketing initiatives. Considering these figures, the total cost of ownership for a Rhea Lana's Franchise Systems unit positions it as an accessible, mid-tier franchise investment, offering a compelling blend of low initial capital requirements and a supportive fee structure designed to foster franchisee profitability.

The operating model for a Rhea Lana's Franchise Systems franchisee is centered around the meticulous organization and execution of twice-yearly, week-long consignment events held in temporary retail spaces. This event-based structure allows for a flexible work schedule, appealing significantly to entrepreneurs, particularly parents, who prioritize a desirable work/life balance. Daily operations for a franchisee involve a dynamic set of responsibilities, including curating carefully selected inventories of gently used children's clothing, shoes, toys, books, baby equipment, and maternity wear. These items are rigorously inspected for quality, ensuring the "boutique-style" shopping experience that is a hallmark of the brand. The proprietary technology platform is central to streamlining the entire consignment process, from initial seller registration and inventory management to real-time sales tracking during the event and immediate payment processing for consignors, which is a key differentiator in the market. While specific staffing numbers are not extensively detailed, testimonials suggest a collaborative and community-oriented labor model, with owners frequently working alongside other mothers and even involving their own children in various aspects of event setup and operation, fostering a family-friendly environment. The training program provided by Rhea Lana's Franchise Systems is comprehensive, equipping new owners with all the necessary skills and knowledge to successfully host their consignment events. This training includes approximately 12.25 hours of hands-on, on-the-job training, complemented by 16.25 hours of classroom instruction, culminating in a total of about 28.5 hours of intensive preparation. Other sources corroborate the thoroughness, mentioning about 16 hours of classroom training as a core component. Beyond initial training, the ongoing corporate support structure is robust and multifaceted. Each franchisee benefits from a dedicated Rhea Lana corporate team member who is present at their crucial first event, providing invaluable on-site guidance and operational assistance. Franchisees gain access to a proprietary Point of Sale (POS) program, an integrated email system, and a comprehensive website designed for streamlined operations and effective marketing. The brand also provides a distinctive "Rhea Lana store" concept, including a professional sign package and banner for consistent event setup and strong brand visibility. A comprehensive Owner's Manual serves as an indispensable resource, guiding franchisees through every operational detail. Ongoing marketing support is a continuous benefit, bolstering local promotional efforts and brand awareness. Furthermore, a highly valuable and supportive franchise community, often affectionately referred to as a "sisterhood," offers peer-to-peer mentorship and shared best practices, creating a strong network of support. The business model is inherently flexible, allowing franchisees the autonomy to choose when to host their twice-yearly, week-long events, aligning seamlessly with their personal and family schedules. Territory structures include opportunities in both Small Market Territories and Large Market Territories, indicating scalability and potential for growth within defined geographical areas, though specific multi-unit requirements are not detailed. The model is clearly designed for active owner-operators who are community-oriented and committed to delivering excellent customer service.

Item 19 financial performance data is not disclosed in the current Franchise Disclosure Document for Rhea Lana's Franchise Systems. Despite the absence of formal Item 19 disclosure, publicly available revenue data and the brand's consistent growth trajectory offer valuable insights into potential financial performance for a Rhea Lana's Franchise Systems location. The average revenue per unit (AUV) for a Rhea Lana's franchised center is reported at $106,000 per year by some industry sources, while another source indicates an average gross revenue of $131,800. These figures suggest a solid revenue generation capacity for individual units within the children's consignment event model. Further demonstrating the robust earning potential, the total sales for the top 10 performing Rhea Lana's franchises in 2022 reached an impressive $13,031,937.37, representing a substantial 40% increase over the cumulative top 10 gross sales recorded in 2021. This significant year-over-year growth among top performers highlights the scalability and high-revenue potential achievable within the Rhea Lana's Franchise Systems network. In 2023, the top franchise sales for a single location was reported at an exceptional $1,789,530, underscoring the peak performance capabilities of a well-executed Rhea Lana's event. Franchisees typically retain a significant portion of their sales revenue, earning between 35% and 40% of gross sales. In addition to this percentage, franchisees also benefit from 100% of consignor fees, vendor fees, ticket sales, and sponsorships, creating multiple robust revenue streams that contribute to overall profitability and provide ample coverage for event-related expenses. These expenses include critical operational costs such as facility rental, comprehensive marketing efforts, necessary insurance, and general supplies. The brand's model is also highly advantageous for its primary stakeholders: consignors, who are parents selling their gently used items, typically earn between 60% and 75% of their sales, with some reports indicating up to 70%, offering a competitive return for their efforts. Shoppers, in turn, benefit immensely from substantial savings, often up to 90% compared to typical retail prices, driving high demand and repeat business for Rhea Lana's Franchise Systems events. The consistent growth in unit count, coupled with national accolades for franchisee satisfaction and overall brand performance, serves as a strong signal of healthy unit-level economics and a successful business model, even without explicit Item 19 disclosure.

The growth trajectory of Rhea Lana's Franchise Systems since its franchising inception in 2008 has been consistently upward, demonstrating robust expansion and market penetration across the United States. The brand has evolved from its early stages to operating more than 119 active franchise locations across approximately 27 states as of October 2025, reflecting a significant increase from over 105 locations across 25 states reported in November 2023. This indicates a net growth of at least 14 units in less than two years, highlighting an aggressive and successful expansion strategy for Rhea Lana's Franchise Systems. In 2025, the total unit count was 117, with 115 being franchised and 2 company-owned, underscoring the brand's commitment to a franchise-centric growth model. Corporate developments are focused squarely on continued expansion within the USA, with active recruitment for new franchisees targeting both Small Market Territories and Large Market Territories. Specific "hot markets" identified for immediate expansion include major metropolitan areas such as Austin, Texas; Birmingham, Alabama; Columbus, Ohio; Denver, Colorado; Houston, Texas; Jackson, Mississippi; Louisville, Kentucky; Nashville, Tennessee; San Antonio, Texas; and St. Louis, Missouri. Furthermore, Rhea Lana's Franchise Systems recognizes significant expansion opportunities in currently underserved regions, particularly along the Northeast and West Coast, indicating a strategic geographic growth plan. The competitive moat for Rhea Lana's Franchise Systems is multifaceted, built upon a foundation of strong brand recognition, evidenced by its national accolades from Franchise Business Review (FBR) for over a decade, including a coveted spot in their Hall of Fame for franchisee satisfaction. The brand was ranked #1 in the Retail category by FBR in 2023, 2024, and 2025, and secured the #1 spot in the Mid-Size Units category in both 2024 and 2025. Additionally, Rhea Lana's ranked #9 overall among 200 top-performing franchises in 2024 and #11 overall in 2025, and was recognized as one of the Top 200 Franchises in 2026. In 2016, Franchise Gator also named Rhea Lana's among the Top 50 Fastest Growing Franchises, further cementing its reputation for dynamic growth. A key competitive advantage is its proprietary technology platform, which streamlines the entire consignment process, offering real-time sales tracking and immediate payment processing for consignors, a feature highly valued by both sellers and franchisees. The brand's unique event-based model, with its carefully curated selections and "boutique-style" shopping experience, creates strong customer loyalty and differentiates it from more generic secondhand markets. Rhea Lana's Franchise Systems adapts to current market conditions by consistently addressing consumer demand for affordability and sustainability, enhancing its digital infrastructure through its proprietary technology, and fostering a strong community connection through special perks like early shopping access for expecting mothers and charitable donations to foster families and local charities after each sale. This combination of strategic growth, technological innovation, and strong brand equity provides Rhea Lana's Franchise Systems with a robust and enduring competitive advantage in the children's consignment market.

The ideal candidate for a Rhea Lana's Franchise Systems franchise is characterized by a strong community orientation, a deep commitment to excellent customer service, and an active, hands-on approach to managing their events. While prior retail or event planning experience can be beneficial, it is not a mandatory prerequisite, owing to the comprehensive training and robust support system provided by the franchisor. The business model is specifically designed to appeal to entrepreneurs, particularly parents, who are seeking a flexible venture that allows them to achieve a desirable work/life balance, enabling them to integrate business ownership with raising children. Ideal franchisees are described as entrepreneurial businesswomen who aspire to be their own boss and serve as positive role models for their children. The brand actively seeks new franchisees, offering opportunities in both Small Market Territories and Large Market Territories, indicating a strategic approach to market penetration and growth. Current hot markets for expansion, signaling high demand and potential for success, include Austin, Texas; Birmingham, Alabama; Columbus, Ohio; Denver, Colorado; Houston, Texas; Jackson, Mississippi; Louisville, Kentucky; Nashville, Tennessee; San Antonio, Texas; and St. Louis, Missouri. Furthermore, significant expansion opportunities are available in underserved regions across the USA, particularly in the Northeast and West Coast, highlighting a nationwide growth strategy for Rhea Lana's Franchise Systems. The initial franchise agreement term length is five years, providing a substantial period for franchisees to establish and grow their business. Upon completion of this initial term, franchisees have the option to renew their agreement at a significantly reduced rate of $3,900, reflecting a favorable long-term commitment structure. While the timeline from signing to opening is not explicitly provided, the comprehensive training program, totaling approximately 28.5 hours, prepares owners thoroughly for holding their events. The flexibility to choose event dates, typically twice-yearly week-long events, empowers franchisees to align their business schedule with their family's needs, a unique benefit of the Rhea Lana's Franchise Systems model.

For franchise investors seeking a proven business model within a high-demand market, Rhea Lana's Franchise Systems presents a compelling and unique franchise opportunity that warrants serious due diligence. The brand successfully addresses a clear and growing consumer need for affordable and sustainable children's items, positioning itself strategically within the robust secondhand market driven by both economic prudence and increasing environmental consciousness. With a low-to-moderate initial investment ranging from $41,675 to $68,650, and accessible liquid capital requirements between $8,000 and $10,500, Rhea Lana's Franchise Systems offers an attractive entry point for aspiring entrepreneurs. The flexible operating model, allowing franchisees to host twice-yearly, week-long events and set their own hours, provides an unparalleled work/life balance, particularly appealing to parents. Backed by comprehensive training, a robust support structure including proprietary technology and a dedicated corporate team, and a highly supportive "Franchise Sisterhood," owners are well-equipped for success. The consistent growth trajectory, with over 119 locations across 27 states as of October 2025, coupled with numerous national accolades for franchisee satisfaction and performance, including #1 rankings by Franchise Business Review, underscores the brand's stability and potential. While Item 19 financial performance data is not disclosed, public reports of average unit revenues of $106,000 to $131,800 and top unit sales exceeding $1.7 million, alongside significant franchisee earnings potential, suggest a strong financial outlook. This opportunity allows franchisees to generate a significant income supplement, transition from corporate careers, and develop into confident business leaders while making a positive impact on their local communities through affordable fashion and charitable donations. PeerSense provides exclusive due diligence data including SBA lending history, FPI score, location maps with Google ratings, FDD financial data, and side-by-side comparison tools, offering the critical insights needed for informed decision-making regarding a Rhea Lana's Franchise Systems investment. Explore the complete Rhea Lanas Franchise Systems franchise profile on PeerSense to access the full suite of independent franchise intelligence data.

FPI Score

50/100

SBA Default Rate

0.0%

Active Lenders

2

Key Highlights

Low SBA default rate (0.0%)

Data Insights

Key performance metrics for Rhea Lana's based on SBA lending data

SBA Default Rate

0.0%

0 of 3 loans charged off

SBA Loan Volume

3 loans

Across 2 lenders

Lender Diversity

2 lenders

Avg 1.5 loans per lender

Investment Tier

Low-cost entry

$42,000 – $69,000 total

Payment Estimator

Loan Amount$34K
Interest Rate9.5%
Term (Years)10 yr

Estimated Monthly Payment

$435

Principal & Interest only

Locations

Rhea Lana'sunit breakdown

Total Units
N/A
Franchisee Owned
System Owned
Closed

Explore Funding for Rhea Lana's

Our business financing consultants help connect you with the right lending partners. No retainers — referral fee paid at closing.

By submitting, you agree to be contacted by PeerSense regarding franchise financing options. We never share your information.

Or get an instant analysis

Scan Your Deal Instantly

1 FDD Available for Rhea Lana's

Review franchise fees, investment ranges, royalties, Item 19 financial data, and year-over-year trends. Request complimentary access through your PeerSense funding advisor.

Rhea Lana's