factual

When is the Cool Binz Business Manager and Technical Operations Training scheduled?

Cool_Binz Franchise · 2025 FDD

Answer 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.

Source: Item 23 — RECEIPTS (FDD pages 63–238)

What This Means (2025 FDD)

According to Cool Binz's 2025 Franchise Disclosure Document, the Business Manager and Technical Operations Training must be completed within six months of the effective date of the franchise agreement. The training may not commence until all fees due to Cool Binz have been paid.

The training is for the Managing Owner or Designated General Manager. Failure to complete the training to Cool Binz's satisfaction can result in the termination of the franchise agreement. Cool Binz may waive the attendance requirement if the franchisee already operates a Cool Binz business and is purchasing an additional franchise.

The Business Manager and Technical Operations Training lasts up to four days and is held in Naples, FL, or another location designated by Cool Binz. The franchisee is responsible for all travel and living expenses incurred during the training. If a Designated General Manager leaves their position, their successor must attend the next available Business Manager and Technical Operations Training.

Before attending the Business Manager and Technical Operations Training, franchisees must purchase and maintain insurance. Franchisees must also provide Cool Binz with proof of insurance at least ten days before attending the training.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.