The Original Rainbow Cone – 2022 Franchise Disclosure Document (FDD)

This is the 2022 The Original Rainbow Cone Franchise Disclosure Document (FDD). It is a PDF document available for immediate download upon purchase.

“Five Flavors Franchising LLC, an Illinois limited liability company, offers you the opportunity to own and operate a franchise that will offer and sell high quality ice cream and related menu items under certain trademarks, trade names, service marks and logos (a “The Original Rainbow Cone Business” or “The Original Rainbow Cone Businesses”) in one of 3 types of settings – a Free standing restaurant location (“Free Standing”), an inline restaurant location (“In-Line”), or a non-traditional location …”
-The Original Rainbow Cone FDD, 2022

What is in the The Original Rainbow Cone 2022 Franchise Disclosure Document (FDD)?

The United States Federal Trade Commission requires all franchisors who sell franchises in the USA to compile an FDD each year which covers 23 key items of disclosure about the franchise opportunity. The FDD is written in a federally mandated format that is standardized for all franchises, must be presented in easily understood language, and typically is 100+ pages in length. This document is required to be given to a prospective franchisee before the franchise agreement is signed or any money changes hands. This document is extremely useful to anyone who is researching the history, inner workings, and other critical information and disclosures about the franchise system.

Table of Contents - The Original Rainbow Cone – 2022 Franchise Disclosure Document (FDD)

Cover Page

Table Of Contents

Disclosure Items 1-23

Item 1: The Franchisor, Its Predecessors, and Affiliates

Item 2: Business Experience

Item 3: Litigation

Item 4: Bankruptcy

Item 5: Initial Franchise Fee

Item 6: Other Fees

Item 7: Initial Investment

Item 8: Restrictions on Sources of Products and Services

Item 9: Franchisee's Obligations

Item 10: Financing

Item 11: Franchisor's Obligations

Item 12: Territory

Item 13: Trademarks

Item 14: Patents, Copyrights, and Proprietary Information

Item 15: Obligation to Participate in and the Actual Operation of the Franchise Business

Item 16: Restrictions on What the Franchisee May Sell

Item 17: Renewal, Termination, Transfer, and Dispute Resolution

Item 18: Public Figures

Item 19: Earnings Claims

Item 20: List of Outlets

Item 21: Financial Statements

Item 22: Contracts

Item 23: Receipt