After the Cool Binz Franchise Agreement expires or terminates, can I be a salesperson for a business offering leasing of portable storage containers?
Cool_Binz Franchise · 2025 FDDAnswer from 2025 FDD Document
copies of the Operations Manual and other confidential materials that we have loaned to you, and you shall not maintain any copies of any such materials, in whole or part.
D. COVENANT NOT TO COMPETE.
For a period of 18 months from the time of expiration or termination of this Agreement, you and your owners and, if applicable, your Designated General Manager, shall not (a) engage as an owner, shareholder, partner, director, officer, employee, consultant, salesperson, representative, or agent or in any other capacity, including membership in a local union, in any leasing of portable storage containers, devices and equipmen
Source: Item 23 — RECEIPTS (FDD pages 63–238)
What This Means (2025 FDD)
According to the 2025 Cool Binz Franchise Disclosure Document, after the franchise agreement expires or terminates, there are restrictions on your ability to work for a competing business. Specifically, for a period of 18 months after the agreement ends, you, your owners, and your Designated General Manager cannot be involved in any capacity (including as a salesperson) with a business that offers leasing of portable storage containers, devices, and equipment. This includes climate-controlled and non-climate-controlled storage containers, mobile offices, mobile refrigeration units, and/or freezers.
This non-compete clause prevents you from immediately using the knowledge and experience gained as a Cool Binz franchisee to benefit a competitor. The restriction extends not only to ownership or management roles but also to being a salesperson, consultant, or agent. This broad scope is designed to protect Cool Binz's market position and confidential information.
This type of non-compete agreement is common in franchising to protect the franchisor's brand and business model. Prospective Cool Binz franchisees should carefully consider the implications of this 18-month restriction, especially if they plan to exit the franchise system and remain in the same industry. It is advisable to seek legal counsel to fully understand the enforceability and potential impact of this clause on future career options.