About COOL BINZ Franchise
COOL BINZ leases portable storage containers, mobile offices, refrigeration units, and freezers to residential, commercial, and government customers.
Includes climate-controlled and non-climate-controlled options.
Cool Binz International, LLC is a Michigan LLC formed September 29, 2022.
COOL BINZ Franchise Cost & Fees
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $59,900 | One-time payment upon signing |
| Royalty Fee | 9% of Gross Sales (8% above $500K) of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | 2% National Marketing | National brand fund |
| Total Investment Range | $799,156 – $1,244,500 | Includes build-out, inventory, working capital |
The investment range of $799K–$1.2M reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (9% of Gross Sales (8% above $500K)) and marketing fee (2% National Marketing) are ongoing costs paid as a percentage of gross sales.
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | 25% of then-current franchise fee |
| Renewal Fee | 25% of then-current franchise fee |
| Technology Fee | $350/month + $250/month software |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | 4 days + 6-8 weeks remote JumpStart |
| Classroom Training | 17 |
| On-the-Job Training | 18 |
| Training Location | Naples, FL or Ann Arbor, MI |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | Territory by zip codes (350K-500K pop) |
| Exclusive Territory | No |
| Territory Size | 350,000-500,000 population |
| Description | Protected advertising and referrals, not exclusive |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Initial Term | 10 years |
| Renewal Term | 10 years (2 renewals) |
| Renewal Fee | 25% of then-current franchise fee |
| Transfer Fee | 25% of then-current franchise fee |
| Non-Compete Period | 18 months |
| Non-Compete Details | Within territory or 50-mile radius |
Operations & Supply (Items 8 & 15)
| Detail | Information |
|---|---|
| Owner-Operator Required | Yes |
| Participation Details | Managing Owner must devote full-time |
| Required Suppliers | Equipment from franchisor/affiliates, GPS may be required |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | Yes |
| Description | Up to 50% of franchise fee/package at 10% for 24 months |
COOL BINZ Franchise Earnings — Item 19
COOL BINZ does not include an Item 19 financial performance representation in their FDD. Contact information for current and former franchisees is listed in Item 20 of the FDD.
COOL BINZ Litigation & Risk Flags
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
COOL BINZ System Growth
COOL BINZ currently operates 0 franchised locations and 1 company-owned units. Unit count data is sourced from Item 20 of the FDD.
State Registrations
Registered in 1 states: MI
COOL BINZ Franchise — FAQ
Interested in COOL BINZ?
Get free info on this franchise. We will send you a detailed FDD report by email.