How will the Cool Binz franchise territory be identified in the Franchise Agreement?
Cool_Binz Franchise · 2025 FDDAnswer from 2025 FDD Document
You will operate the COOL BINZ Business from a location within the Territory that we approve and that will be identified in Summary Page to the Franchise Agreement. Your "Territory" will consist of specific zip-code(s) that have been awarded to you. We identify your Territory zip codes as determined by Census Bureau statistics.
A Territory will have approximately 350,000 - 450,000 people to a maximum of 500,000 people. As of the date of this Disclosure Document, we are utilizing data that has been collected by a national demographics company to determine the number of people in each Territory.
You will not receive an exclusive Territory. You may face competition from other franchisees, from outlets that we own, or from other channels of distribution or competitive brands that we control.
You will receive certain protected rights in your Territory. No other COOL BINZ Business may establish an office location within your Territory. No other COOL BINZ business may advertise in your Territory in print, media, door-to-door, mass electronic communication, or direct web-based advertising within your Territory. You may experience some indirect/carry-over advertising from other franchisees in media where the reach of advertising is difficult to restrict to zip codes, such as radio or indirect web-based advertising. If and when developed by us, you will receive NORA (defined below in Section 12.4) referrals for your assigned zip codes in accordance with the NORA program requirements. We cannot guarantee your participation in these programs. If you are not compliant with your Franchise Agreement, program requirements, or fail to perform program work adequately, we may direct NORA referrals to another franchisee or ourselves. You will receive Call Center leads for your assigned zip codes. If you are not compliant with your Franchise Agreement, we may direct these leads to another franchisee or ourselves.
Source: Item 12 — TERRITORY (FDD pages 45–49)
What This Means (2025 FDD)
According to the 2025 Cool Binz Franchise Disclosure Document, the specific territory awarded to a franchisee will be identified in the Summary Page of the Franchise Agreement. This territory will consist of specific zip codes as determined by Census Bureau statistics.
The FDD states that a Cool Binz territory will have a population of approximately 350,000 to 450,000 people, with a maximum of 500,000 people. Cool Binz uses data collected by a national demographics company to determine the population in each territory.
It is important to note that Cool Binz franchisees do not receive an exclusive territory. Franchisees may face competition from other franchisees, outlets owned by Cool Binz, other distribution channels, or competitive brands controlled by Cool Binz. However, franchisees do receive certain protected rights within their territory, as no other Cool Binz business may establish an office location or advertise in print, media, door-to-door, mass electronic communication, or direct web-based advertising within the franchisee's territory.