For Cool Binz, what was the average number of months a bin was rented during the Measurement Period?

According to Cool Binz's 2025 Franchise Disclosure Document, the average number of months a bin was rented during the Measurement Period (January 1, 2024 to December 31, 2024) was 7.8 months, which represents 68% of the year. This data is based on the performance of Cool Binz's affiliated-owned location, the only unit open for the entire Measurement Period. This location's historical rental information was used to calculate this average.

For a prospective Cool Binz franchisee, this figure provides an insight into how frequently bins are rented out over a year. It suggests that, on average, a bin is rented for approximately two-thirds of the year. This information can be valuable for forecasting potential revenue and understanding the utilization rate of the bin inventory.

However, it's important to note that this data is from a single, affiliated-owned location and is unaudited. The FDD explicitly states that individual results may differ, and there is no assurance that a new franchisee will achieve the same rental rate. Factors such as location, marketing efforts, and local demand can significantly impact rental performance. Cool Binz allows franchisees to set their own pricing, so the average rental rate may vary.

Prospective franchisees should consider this information as a general guideline and conduct their own market research to assess the potential rental demand in their specific area. It would be prudent to speak with existing franchisees (if any) to gather additional insights into their experiences and actual rental rates.