Plato's Closet vs Rhea Lana Franchise Comparison

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

Start-Up Costs and Fees
  Plato's Closet Rhea Lana
Investment 251700 - 390700 19050 - 38950
Franchise Fee
Royalty Fee 5% 3%-1%
Advertising Fee $1K/yr.
Year Founded 1998 1997
Year Franchised 1999 2008
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Plato's Closet Rhea Lana
Experience

Financing Options
  Plato's Closet Rhea Lana
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support
  Plato's Closet Rhea Lana
Training On-The-Job Training: 30 hours Classroom Training: 48 hours On-The-Job Training: 39 hours Classroom Training: 13 hours Additional Training: As needed
Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform Newsletter Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software
Marketing Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app Ad Templates National Media Regional Advertising Social media Website development Email marketing
Operations Number of Employees Required to Run: 3 - 5

Expansion Plans
  Plato's Closet Rhea Lana
US Expansion Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Canada Expansion Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory
International Expansion

Start-Up Costs and Fees Mobile
Investment
Plato's Closet
Rhea Lana
Franchise Fee
Plato's Closet
Rhea Lana
Royalty Fee
Plato's Closet 5%
Rhea Lana 3%-1%
Advertising Fee
Plato's Closet $1K/yr.
Rhea Lana
Year Founded
Plato's Closet 1998
Rhea Lana 1997
Year Franchised
Plato's Closet 1999
Rhea Lana 2008
Term Of Agreement
Plato's Closet 10 years
Rhea Lana
Renewal Fee
Plato's Closet 5000
Rhea Lana


Business Experience Requirements
Experience
Plato's Closet
Rhea Lana

Financing Options
 
Franchise Fees
Plato's Closet No
Rhea Lana No
Start-up Costs
Plato's Closet
Rhea Lana
Equipment
Plato's Closet}
Rhea Lana
Inventory
Plato's Closet
Rhea Lana
Receivables
Plato's Closet
Rhea Lana
Payroll
Plato's Closet
Rhea Lana

Training & Support
Training
Plato's Closet On-The-Job Training: 30 hours Classroom Training: 48 hours
Rhea Lana On-The-Job Training: 39 hours Classroom Training: 13 hours Additional Training: As needed
Support
Plato's Closet Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Rhea Lana Newsletter Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software
Marketing
Plato's Closet Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Rhea Lana Ad Templates National Media Regional Advertising Social media Website development Email marketing
Operations
Plato's Closet Number of Employees Required to Run: 3 - 5
Rhea Lana

Expansion Plans
US Expansion
Plato's Closet Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Rhea Lana Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Canada Expansion
Plato's Closet Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory
Rhea Lana
International Expansion
Plato's Closet
Rhea Lana