Here is a quick comparison of Rhea Lana's and our largest competitor.
|For Our Shoppers:|
|HIGH Quality Items||?|
|FRIENDLY and Organized||?|
|For Our Consignors:|
|Standard % Received||70%||65%|
|LIVE Sales Updates|
|Consignor Checks at Pickup|
|For Our Franchisees:|
|FREE website and technology|
|Royalty Payment at $100,000 Sales||$2,500||$2,650|
|Royalty Payment at $250,000 Sales||$4,000||$7,150|
|No forced termination for unmet sales goals|
Note: Chart is based on public information filed with the Commissioner of Corporations, State of California, 320 West 4th Street, Suite 750. Los Angeles, CA 90013-2344. Revenue shown is average total sales of consigned items at an event. Event 1 above is the average sales at a franchise's first event, Event 2 is the second season, Event 3 is third, etc.
Total number of events for each company in each category: Event 1: Competitor-107, RL-42, Event 2: Competitor-100, RL-36, Event 3: Competitor-93, RL-26, Event 4: Competitor-78, RL-19, Event 5: Competitor-63, RL-13, Event 6: Competitor-58, RL-8, Event 7: Competitor-49, RL-3, Event 8: Competitor-48, Event 9: Competitor-43.
Rhea Lana's does not here or elsewhere make any representation, warranty or guaranty, expressed or implied, as to the potential revenues or profits of owning any specific Rhea Lana franchise. The table above refers only to the largest competing franchise in our industry. There are other smaller competing franchises that conduct the same business as Rhea Lana's. There are other similar franchise systems which may be more or less successful that Rhea Lana's Franchise Systems.