95-year-old Rainbow Cone concept to start the franchise
Rainbow Cone, a Chicago tradition for over 95 years, announced a new franchise partnership program. The uniquely designed program, created with third-generation Rainbow Cone owner Lynn Sapp and the Buonavolanto family, will expand the Rainbow Cone family and its famous history, flavors and values to new communities across the Midwest, the Southeast and South/Southwest. It allows entrepreneurs who are passionate about the classic Chicago candy to join the company and share in the Rainbow Cone legacy.
The ice cream parlor’s motto, “life is too short for just one flavor”, is prominently displayed on a wall inside the Lombard location. Rainbow’s origins date back to 1926 when Sapp’s grandfather Joe opened the first store.
“There has long been a deep love for Rainbow Cone among entrepreneurs who have often asked to bring its classic flavors to their own communities,” says Third Generation Owner Lynn Sapp. “Our new franchise partnership program has been carefully created to expand our family operation nationwide.”
Founded in 1926 by “Grandpa Joe” Sapp, who never settled for just one flavor of ice cream, Rainbow Cone offers five delicious flavors on a single cone, including Chocolate, Strawberry, Palmer House, Pistachio and orange sorbet. Rather than being scooped, the ice cream is sliced and layered and can be enjoyed in a waffle cone, sugar cone, platter or cake. Since 2020, the brand has grown by adding a second physical location equipped with a Drive-Through, three kiosk locations and a fleet of ice cream trucks for festivals, catering and events.
“We’ve grown aggressively during COVID, which is a testament to the loyalty of our customers, our ice cream, and the tireless work of our team,” adds Buonavolanto.
Rainbow Cone plans to continue expanding company-owned locations next year with three more brick-and-mortar locations in the Orland Park, Flossmoor and Algonquin areas. The new franchise partnership program includes online, drive-thru and newsstand opportunities, with a proven, proprietary business approach developed and refined by Rainbow Cone. It covers cutting-edge technology, real estate and construction assistance, side-by-side training, e-learning, marketing resources, and field teams to help franchise partners thrive, succeed, and thrive. develop.
“The relationship with Lynn Sapp and the Buonavolanto family has been pivotal in bringing Rainbow Cone to all of Illinois over the past four years,” Buonavolanto added. “Our new Franchise Partner Program allows other entrepreneurs to work in synergy with us to share Rainbow Cone with as many communities as possible. We are committed to partnering with enthusiastic leaders and building an alliance with our franchisees. “
The Rainbow Cone Franchise Partner Program is open to experienced entrepreneurs interested in single and multiple unit opportunities. Initial investment figures range from $269,000 to $1,205m.
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