Established
1926
Franchise Units
20
Minimum Investment
$100,000
Franchise Fee
$30,000
Total Investment Range
$475,000
Home Based
No
Description
The Original Rainbow Cone is a nostalgic Chicago-based ice cream franchise known for its iconic five-flavor "Rainbow Cone." Established in 1926, this beloved brand has become a Midwest legend, delighting generations with its colorful, stacked cone of chocolate, strawberry, Palmer House (New York vanilla with cherries and walnuts), pistachio, and orange sherbet. Now expanding across the USA, the franchise offers entrepreneurs the chance to own a piece of American dessert history with a proven, joyful concept.
Background
Founded by Joseph and Katherine Sapp, The Original Rainbow Cone began as a neighborhood treat stand and evolved into a regional favorite. After nearly a century of brand loyalty and word-of-mouth success, the franchise began national expansion, targeting markets with strong family appeal and love for unique desserts. Today, Rainbow Cone operates both brick-and-mortar and mobile unit formats, perfect for festivals, events, and food truck parks.
Support Training
Franchisees receive comprehensive support from day one, including:
-
Initial Training: In-depth classroom and on-site operational training (4 weeks total).
-
Grand Opening Support: Assistance with site setup, marketing, and staffing.
-
Ongoing Operational Support: Access to Rainbow Cone’s proprietary systems, menu innovations, and supply chain.
-
Marketing Support: National and local marketing plans, social media assets, and seasonal campaign guidance.
Ideal Candidate
The ideal Rainbow Cone franchisee is:
-
Passionate about customer service and community engagement
-
Interested in building a long-term, multi-unit business
-
Financially qualified with a strong work ethic
-
Experienced in foodservice or retail management (not required but preferred)
Financial Detail
Total Investment Range: $175,000 – $475,000 (depending on format: kiosk, mobile truck, or full shop)
-
Minimum Liquid Capital Required: $100,000
-
Franchise Fee: $30,000
-
Royalty Fee: 6% of gross sales
-
Marketing Fee: 2% of gross sales
-
Franchise Units (as of 2025): 20+ (includes brick-and-mortar and mobile units)
-
Established: 1926
-
Franchising Since: 2021