factual

Is the Cool Binz Designated Manager provided with a training program?

Cool_Binz Franchise · 2025 FDD

Answer from 2025 FDD Document

    1. Provide you with a training program (described in more detail below) to (a) the Managing Owner, if they are managing the COOL BINZ Business, and (b) the Designated Manager, if applicable at no additional fee or other charge (Section 3.A of the Franchise Agreement).

JumpStart Training and Initial Training (Section 3.A of the Franchise Agreement)

You must successfully complete our JumpStart Initial Training program (hereinafter, "JumpStart," Section 3.A of the Franchise Agreement) within four (4) months of signing the Franchise Agreement, before attending in-person business operations and managerial Training (hereinafter, "Initial Training") and before the opening of the COOL BINZ Business. This includes our comprehensive preparation program that includes numerous pre-opening activities and may last up to sixteen (16) weeks, depending on the pace you establish to complete activities. During the JumpStart training program, with guidance f

If this is a renewal term or if this is an additional COOL BINZ Business being awarded to you, and your Managing Owner or, if applicable, the Designated Manager, have already attended Initial Training, the requirement that you attend Initial Training is waived, except as with respect to the JumpStart online training modules and continuing training obligations. In such cases, if your Managing Owner or, if applicable, the Designated Manager do attend Initial Training, you will be assessed our then-current training fee, which is currently $250 per person, per event. You will also be responsible for all travel and living expenses that you and your employees/owners incur while training.

The Managing Owner or, if applicable, the Designated Manager, must attend the Convention every year that it is scheduled and pay our then-current fee, which is currently (a) $799 maximum per person to attend the Convention, and (b) $0 to $500 per person per event for Regional Meetings. The Managing Owner or, if applicable, Designated Manager also must attend periodic refresher training courses and conferences, not to exceed one convention/conference per year, at the times and locations we determine, and for which we may charge the fees described above, including $0 to $500 per person for additional training. We will determine the duration, curriculum, and location of any such sessions. You will be responsible for all travel and living

expenses that are incurred by you or your employees/owners while attending such session. Some of these events may occur outside of your home state. We will determine the duration, curriculum, and location of any of these sessions. The curriculum for online training and these events can include, but is not limited to, technical training, business plan analysis, marketing, profitability, and maximizing your business opportunities. You must pay for all registration fees, travel and living expenses that you incur while attending such sessions. Provided you are in full compliance with the Franchise Agreement you do not have to attend any refresher training courses or conferences more than once a year.

Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS AND TRAINING (FDD pages 36–45)

What This Means (2025 FDD)

According to Cool Binz's 2025 Franchise Disclosure Document, if a franchisee designates a manager for their Cool Binz business, that Designated Manager will be provided with a training program at no additional fee. This training program is described in further detail within the FDD.

The Cool Binz training program includes JumpStart Initial Training, which must be completed within four months of signing the Franchise Agreement, before attending in-person business operations and managerial Initial Training, and before opening the Cool Binz Business. The JumpStart program is a comprehensive preparation program that includes numerous pre-opening activities and may last up to sixteen weeks, depending on the pace the franchisee establishes to complete activities.

Cool Binz also offers additional training opportunities. The Managing Owner or Designated Manager must attend the Convention every year that it is scheduled and pay the then-current fee, which is currently a maximum of $799 per person. They also must attend periodic refresher training courses and conferences, not to exceed one convention/conference per year, at times and locations determined by Cool Binz, for which Cool Binz may charge fees, including $0 to $500 per person for additional training. The franchisee is responsible for all travel and living expenses incurred by them or their employees/owners while attending such sessions.

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.