Who are considered third-party beneficiaries of the Cool Binz franchise agreement?

Based on the 2025 Cool Binz Franchise Disclosure Document, the franchise agreement specifies that a "Customer" is defined as any person or company who purchases goods or services from the franchisee, including those who make purchases on their own behalf or on behalf of a third party. This definition implies that any individual or entity benefiting from the goods or services acquired through a Cool Binz franchise could be considered a third-party beneficiary under the agreement.

This broad definition has implications for the franchisee's responsibilities and liabilities. For instance, if a customer purchases storage services for another person, that other person could potentially have rights and claims related to those services, even though they are not the direct purchaser. This could extend the franchisee's obligations beyond the immediate customer to anyone who ultimately benefits from the services provided.

Prospective Cool Binz franchisees should carefully consider this definition and understand the potential scope of their responsibilities to both direct customers and third-party beneficiaries. It would be prudent to consult with legal counsel to fully understand the implications of this provision and how it might affect their business operations and potential liabilities.