Franchise opportunities compared

    Paris Baguette vs Rainbow Cone Five Flavors

    Reviewed figures from each brand's Franchise Disclosure Document (FDD), side by side. Each figure carries its FDD year and page. This is not a ranking or recommendation, and the two FDDs may cover different years and location groups.

    Initial investment · Item 7

    Paris Baguette

    $1,910,550

    2026 FDD · Item 7 · PDF p. 29

    Rainbow Cone Five Flavors

    $137,860 – $4,969,378

    2026 FDD · Item 7

    Initial franchise fee · Item 5

    Paris Baguette

    $50,000

    2026 FDD · Item 5 · PDF p. 14

    Rainbow Cone Five Flavors

    Not available

    Royalty · Item 6

    Paris Baguette

    1%

    2026 FDD · Item 6 · PDF p. 17

    Rainbow Cone Five Flavors

    6%

    2026 FDD · Item 6 · PDF p. 16

    Before you compare

    • Both sets of figures come from 2026 FDDs.
    • Rainbow Cone Five Flavors discloses more than one business format, so the investment range spans formats; the full report breaks them out.
    • Item 19 figures cover the location groups each FDD names (Paris Baguette: 3, Rainbow Cone Five Flavors: 25). Different groups are not directly comparable.

    Financial commitment

    Estimated initial investment (Item 7)

    Paris Baguette

    $1,910,550
    Area development total investment: $777,515 to $1,910,550
    2026 FDD · Item 7 · PDF p. 29

    Rainbow Cone Five Flavors

    $137,860 – $4,969,378
    2026 FDD · Item 7
    Standard initial franchise fee (Item 5)

    Paris Baguette

    $50,000
    2026 FDD · Item 5 · PDF p. 14

    Rainbow Cone Five Flavors

    Not available
    No single standard fee identified
    Royalty (Item 6)

    Paris Baguette

    1%
    The royalty fee is reduced by — 1%
    2026 FDD · Item 6 · PDF p. 17

    Rainbow Cone Five Flavors

    6%
    Royalty
    2026 FDD · Item 6 · PDF p. 16
    Brand / advertising fund (Item 6)

    Paris Baguette

    3% of — 3%
    the right to increase the Marketing Fund Fee up to and including three percent
    2026 FDD · Item 6 · PDF p. 17

    Rainbow Cone Five Flavors

    3%
    Brand marketing fund contribution maximum — 3%
    2026 FDD · Item 6 · PDF p. 16

    System scale & health

    Total outlets (Item 20)

    Paris Baguette

    155
    Outlets at end of 2023
    2026 FDD · Item 20 · PDF p. 68

    Rainbow Cone Five Flavors

    27
    Outlets at end of 2025
    2025 FDD · Item 20 · PDF p. 81
    Net outlet change (Item 20)

    Paris Baguette

    Not available
    Only one year reported

    Rainbow Cone Five Flavors

    +27
    Calculated: 0 at end of 2022 → 27 at end of 2025
    Outlet exits (Item 20)

    Paris Baguette

    Not available
    No complete exit records for a year

    Rainbow Cone Five Flavors

    Not available
    No complete exit records for a year
    Franchising since (Item 1)

    Paris Baguette

    Not available
    Not in reviewed records

    Rainbow Cone Five Flavors

    Not available
    Not in reviewed records
    Franchisor founded (Item 1)

    Paris Baguette

    Not available
    Not in reviewed records

    Rainbow Cone Five Flavors

    Not available
    Not in reviewed records

    Financial performance (Item 19), by location group

    Paris Baguette
    Locations counted not stated in the reviewed record — Affiliate-Owned Cafes
    $2,712,366
    other Affiliate-Owned Cafes
    2026 FDD · Item 19 · PDF p. 65
    Locations counted not stated in the reviewed record — Affiliate-Owned and Franchised Cafes (combined group)
    $7,035,601
    other Affiliate-Owned and Franchised Cafes
    2026 FDD · Item 19 · PDF p. 65
    Locations counted not stated in the reviewed record — Franchised Cafes
    78 units
    other Franchised Cafes
    2026 FDD · Item 19 · PDF p. 65
    Rainbow Cone Five Flavors
    Locations counted not stated in the reviewed record — Crew
    $15 /hour
    other Crew wages range
    2026 FDD · Item 19 · PDF p. 71
    Locations counted not stated in the reviewed record — Salaried managers
    $47,000 /year
    other Salaried manager wages range
    2026 FDD · Item 19 · PDF p. 71
    Locations counted not stated in the reviewed record — Affiliate-owned Express unit #2 inside Buona Beef restaurant
    $171,093
    other Gross sales
    2026 FDD · Item 19 · PDF p. 76
    +22 more groups in the full report

    Item 19 groups are shown separately and never combined. Revenue or sales figures are not profit. Net outlet change and turnover are Franopolis calculations from the disclosed counts; turnover is a count-based rate, not a measure of owner earnings.

    Paris Baguette vs Rainbow Cone Five Flavors: common questions

    Which costs less to open, Paris Baguette or Rainbow Cone Five Flavors?
    Paris Baguette: $1,910,550 (2026 FDD · Item 7 · PDF p. 29); Rainbow Cone Five Flavors: $137,860 – $4,969,378 (2026 FDD · Item 7). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for Rainbow Cone Five Flavors. At least one range spans several business formats. Estimates are not quotes, and the FDD years may differ.
    How do Paris Baguette and Rainbow Cone Five Flavors royalties compare?
    Paris Baguette: 1% (2026 FDD · Item 6 · PDF p. 17); Rainbow Cone Five Flavors: 6% (2026 FDD · Item 6 · PDF p. 16). Royalties as disclosed in Item 6; other recurring fees are listed separately.
    Which has more locations, Paris Baguette or Rainbow Cone Five Flavors?
    Paris Baguette: 155 (2026 FDD · Item 20 · PDF p. 68); Rainbow Cone Five Flavors: 27 (2025 FDD · Item 20 · PDF p. 81). Total outlets from Item 20. Outlet counts do not indicate territory availability or franchisee results.
    Do Paris Baguette and Rainbow Cone Five Flavors disclose financial performance (Item 19)?
    Paris Baguette has reviewed Item 19 figures for 3 location groups; Rainbow Cone Five Flavors has reviewed Item 19 figures for 25 location groups. Different location groups are not directly comparable, and revenue is not profit.

    Answers restate the reviewed figures above. Not a ranking or recommendation.

    How Franopolis reviews FDD figures

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