The Original Rainbow Cone

$ORCRF500 #406
CategoryFood: Quick-Service Restaurants
SubcategoryFrozen Desserts: Ice Cream
Founded2018
Completeness31/34 (91%)
Years in Business7
Began Franchising2019
HQBurr Ridge, IL
Executives18
LinksWeb
Main Phone(708) 749-2333
Email
FDD IssuedApril 17, 2026
Last UpdatedMay 20, 2026
FDDs2026 · 2025 🔒
Franchisor

Five Flavors Franchising LLC offers franchises for the establishment and operation of The Original Rainbow Cone Businesses featuring a variety of high quality ice cream cones, ice cream cakes, sundaes, shakes, packaged ice cream, mini-donuts and related products under the mark 'The Original Rainbow Cone.'

Five Flavors Franchising LLC is a limited liability company organized in Illinois, with no parent or predecessor. Key executives include Mike Buonavolanto (Manager, VP of Real Estate) and Nick Arajuo (CFO).

Five Flavors Franchising LLC offers franchises for the establishment and operation of The Original Rainbow Cone Businesses featuring a variety of high quality ice cream cones, ice cream cakes, sundaes, shakes, packaged ice cream, mini-donuts and related products under the mark 'The Original Rainbow Cone.'

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Inside the full scorecard
FranDeals Score
34-box data-completeness and quality rating
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Franchisee Health Score
Operator-side financial health signal
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Fees & Investment
Franchise fee, royalty, total startup cost (Items 5–7)
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Financial Strength & Stability
Current ratio, debt/equity, ROE, margins (Item 21)
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Item 19 — Financial Performance
Average unit revenue, revenue spread, payback
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Unit Count & Growth
Systemwide units and multi-year growth (Item 20)
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Outlet Trajectory
Openings, closures, survival & turnover rates
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Executive Team
Officers and directors (Item 2)
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Franchisee Roster
Current and former franchisee operators
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Litigation & Disclosures
Item 3 legal matters, Item 4 bankruptcy
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News & Peer Comparison
Recent signals and category benchmarks
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