What is the date of formation for RedBox+ International, LLC, an affiliate of Cool Binz?
Cool_Binz Franchise · 2025 FDDAnswer from 2025 FDD Document
| Company | State/Type of Entity | Date of Formation | Number of Outlets | Franchise Offering |
|---|---|---|---|---|
| HOODZ International, LLC (“HOODZ”) | Delaware LLC | Oct. 3, 2008 | 131 | Performing commercial kitchen exhaust system cleaning, inspection, maintenance and restoration services, offering fr |
Source: Item 1 — THE FRANCHISOR, AND ANY PARENTS, PREDECESSORS AND AFFILIATES (FDD pages 11–15)
What This Means (2025 FDD)
According to the 2025 Cool Binz Franchise Disclosure Document, RedBox+ International, LLC, an affiliate of Cool Binz, was formed on May 28, 2021. RedBox+ International, LLC offers franchises for dumpster and portable restroom rental services and has been offering franchises since July 28, 2021. As of the FDD date, RedBox+ has 253 outlets.
Cool Binz franchisees should be aware that RedBox+ is one of several franchise systems under the umbrella of Cool Binz's parent company, BELFOR Franchise Group. This indicates that Cool Binz is part of a larger network of franchise brands, which could provide certain benefits in terms of shared resources and expertise. However, it also means that Cool Binz's performance and reputation could be influenced by the overall performance of the BELFOR Franchise Group and its other brands.
Prospective franchisees should investigate the performance and reputation of RedBox+ and other affiliated brands to gain a better understanding of the broader business context in which Cool Binz operates. Understanding the relationship between Cool Binz and its affiliated companies can help potential franchisees assess the stability and growth potential of the Cool Binz franchise opportunity.