Resting Rainbow Franchise
Resting Rainbow is a company dedicated to making that passing a little easier for the family and along the way ensuring that entrepreneurs who want to make a difference in their community and have a positive impact on people have a platform to make that a satisfying and rewarding opportunity. For the same reason that people become doctors or mental health care professionals, many have decided that one of the highest callings in life is to ease the suffering of their fellow man in whatever form it takes. This is a business that does exactly that.
To buy a franchise with Resting Rainbow, you'll need to have at least $250,000 in liquid capital and a minimum net worth of $500,000. Resting Rainbow charges a franchise fee of $54,500. They also offer a discount for veterans.
Franchisor Details
Total Units: 2
Year Founded: 2018
Franchising Since: 2023
Home Office: Opa Locka, FL
Training: Available
Locations Available: See Below*
Franchise Costs
Liquid Capital Required: $250,000
Net Worth Required: $500,000
Total Investment: $230,350 – $582,600
Franchise Fee: $54,500
Royalty Type: Greater of 7% or $1,500/month
Vetern Discount: Yes
*Resting Rainbow is currently accepting inquiries from the following locations: Alabama, Alaska, Arizona, Arkansas, Colorado, Delaware, Florida, Georgia, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Massachusetts, Michigan, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, West Virginia, Wisconsin, Wyoming
Values & History
Founded by Joseph C. Moncaleano and Julian Rivera, Resting Rainbow was born from Joe's personal experience of losing his beloved pet and struggling to find a compassionate final service. Shocked by the lack of dignity in traditional practices, Joe began advocating for the rights of our furry family members, leading to the creation of Resting Rainbow.
Industry Performance
The pet funeral industry is on the rise due to the increasing number of pet owners who view their pets as family members. This trend creates a growing demand for dignified and compassionate pet memorial services, making it a lucrative market to enter.
Resting Rainbow offers a recession-resistant franchise opportunity in the $123 billion pet industry, where 86.9 million pet owners seek compassionate care when their pets pass away. With few substitutes and a highly fragmented market, our franchise stands out by providing multiple revenue streams through cremation, funerals, and memorial sales. Today, almost 90% of pet owners have chosen cremation for their departed pets. As of November 2021, the United States had around 1,000 pet crematories.
Training & Support
Resting Rainbow offers its franchisees extensive support and training. From operational systems to marketing strategies, franchisees receive the tools and guidance needed to run a successful business. This support also extends to handling cremations and providing emotional assistance to customers during difficult times.
Ideal Candidate & Qualifications
Our ideal candidate will possess strong leadership skills, demonstrate the ability to motivate and guide a team effectively, have a passion for pets, be financially responsible and have the necessary resources to invest in the business and support its growth, possess excellent communication skills, be adaptable and open to learning, have a strong work ethic and are willing to put in the time and effort needed to achieve your goals, be customer-focused, be enthusiastic about being part of a franchise network, understand that your clients are going through emotional trauma and our business is built on taking care of people on one of their worst days.
Purchasing a Resting Rainbow
To purchase a Resting Rainbow franchise, you'll need an investment range between $230k-$583k. You will also need a $250k in liquid capital and a $500k net worth.
Resting Rainbow is a FranNet Verified Brand
FranNet Verified Brands are reviewed by FranNet to ensure legitimacy and industry required documentation.
Resting Rainbow is a FranNet Verified Brand
FranNet Verified Brands are reviewed by FranNet to ensure legitimacy and industry required documentation.