What is the cost of the Cool Binz Initial Promotional Package Fee?
Cool_Binz Franchise · 2025 FDDAnswer from 2025 FDD Document
Fee*
You must also obtain an initial promotional package ("Initial Promotional Package") that will cost $7,500 (the "Initial Promotional Package Fee"). This fee is fully earned upon payment and non-refundable under any circumstances. The Initial Promotional Package includes supplies needed to begin operation which will include logo wear, stationery, the Kickstart digital marketing program, consumables, promotional items and a $799 convention allowance ("the Convention Allowance") for the COOL BINZ convention (the "Convention"). The Convention Allowance covers the registration fee for one person to attend the first COOL BINZ Convention that is scheduled following your successful completion of our Business Manager and Technical Operations Training Program. The Convention Allowance cannot be used to offset any other expenses or requirements associated with your Business and is not refundable. If you do not attend the Convention, the Convention Allowance will be applied to the Convention Non Attendance
Source: Item 5 — INITIAL FEES (FDD pages 17–19)
What This Means (2025 FDD)
According to the 2025 Cool Binz Franchise Disclosure Document, franchisees must purchase an initial promotional package. The Initial Promotional Package Fee is $7,500. This fee is paid upon signing the Franchise Agreement and is non-refundable under any circumstances.
The Initial Promotional Package includes essential supplies to start operations. These include logo wear, stationery, the Kickstart digital marketing program, and promotional items. The package also provides a $799 convention allowance for the Cool Binz convention.
The convention allowance covers the registration fee for one person to attend the first Cool Binz Convention after completing the Business Manager and Technical Operations Training Program. The allowance cannot be used for other expenses and is non-refundable. If the franchisee does not attend the convention, the $799 allowance will be applied to the Convention Non Attendance Fee.