When must the Cool Binz Business Manager and Technical Operations Training be completed?
Cool_Binz Franchise · 2025 FDDAnswer from 2025 FDD Document
aining, in our discretion, if you already operate a COOL BINZ Business and you purchase an additional franchise from us.
Before you begin operating the COOL BINZ Business, we will furnish business manager and technical operations training (the "Business Manager and Technical Operations Training") to the Managing Owner or, if applicable, the Designated General Manager, at no additional fee. The Managing Owner or, if applicable, the Designated General Manager must complete the Business Manager and Technical Operations Training to our satisfaction and failure to do so will result in the termination of this Agreement. The Business Manager and Technical Operations Training may not commence until you have paid all fees due to us and must be completed within six (6) months of the effective date of this agreement.
The Business Manager and Technical Operations Training will last up to four (4) days in duration at Naples, FL or another location designated by us. You will be responsible for all travel and living expenses that you and your employees/owners incur for this Business Manager and Technical Operations Training.
In the event that you own multiple COOL BINZ Businesses and have your Managing Owner already at another COOL BINZ Business who has already completed the Business Manager and Technical Operations Training, the Managing Owner will still be required to successfully complete the most recent online training modules essential to the role of ownership.
You may designate, with our approval and on a "space available" basis, additional persons to attend other sessions of the Business Manager and Technical Operations Training for which you will be charged our then-current Business Manager and Technical Operations Training fee. In addition, each person we approve to attend the Business Manager and Technical Operations Training will be required to sign our then-current form of confidentiality and non-disclosure agreement before the start of training. The Business Manager and Technical Operations Training fee will be due and payable before the start of the training program and you will be responsible for the payment of all travel and living expenses incurred by your designees while training.
The Managing Owner or, if applicable, the Designated General Manager, must attend the COOL BINZ convention every year it is offered. If you fail to attend the Convention, without our prior written permission, you must pay the Convention Non-Attendance Fee of $1,000.
Source: Item 23 — RECEIPTS (FDD pages 63–238)
What This Means (2025 FDD)
According to Cool Binz's 2025 Franchise Disclosure Document, the Managing Owner or Designated General Manager must complete the Business Manager and Technical Operations Training to the franchisor's satisfaction. Failure to do so can result in the termination of the Franchise Agreement. This training must be completed within six months of the effective date of the agreement.
Before beginning operations, the franchisee must ensure that either the Managing Owner or the Designated General Manager attends and completes this training. However, Cool Binz may waive this requirement if the franchisee already operates a Cool Binz business and is purchasing an additional franchise. Even with a waiver for the Managing Owner, they may still need to complete the most recent online training modules.
If a Designated General Manager leaves their position, the franchisee has ten days to appoint a successor, who must then attend the next available Business Manager and Technical Operations Training. The franchisee must always employ someone who has completed the Business Manager and Technical Operations Training program to avoid being in default of the agreement. Before attending the Business Manager and Technical Operations Training, the franchisee must purchase and maintain the required insurance coverage.