What was the average rental rate charged by the affiliated-owned Cool Binz location during the Measurement Period?

According to Cool Binz's 2025 Franchise Disclosure Document, the average rental rate charged by the affiliated-owned location during the Measurement Period (January 1, 2024 to December 31, 2024) was $502.80. This figure represents the average rental rate for bins rented by customers throughout the year.

It's important to note that this data is based on the performance of a single affiliated-owned location that was operational for the entire Measurement Period. Cool Binz allows franchisees to set their own pricing, but suggests using these rates as a guideline. The FDD also indicates that the highest average rental rate was $1,899.00, while the lowest was $150.00, with a median of $414.00.

Prospective franchisees should understand that the financial performance of their own Cool Binz franchise may differ. The FDD explicitly states, "Some outlets have earned this much. Your individual results may differ. There is no assurance that you'll earn as much." Therefore, while the average rental rate of $502.80 provides a benchmark, it is not a guarantee of future performance. Cool Binz also states that written substantiation for the financial performance representation will be made available to prospective franchisees upon reasonable request.

Given the variability in rental rates and the disclaimer about individual results, potential franchisees should conduct thorough due diligence. This includes carefully reviewing the complete Item 19 in the FDD, requesting substantiation for the financial performance representation, and considering local market conditions when developing their own pricing strategies.