What is the highest average rental rate achieved by a Cool Binz bin during the Measurement Period?

According to Cool Binz's 2025 Franchise Disclosure Document, the highest average rental rate achieved by a Cool Binz bin during the Measurement Period (January 1, 2024 to December 31, 2024) was $1,899.00. The lowest average rental rate was $150.00, with a median of $414.00. These figures were calculated from each bin's average rental rate in 2024. Cool Binz notes that each rental is typically for a month but may vary.

This information is valuable for prospective franchisees as it provides insight into the potential range of rental rates that can be achieved. Understanding the high, low, and median average rental rates can help franchisees develop realistic financial projections and business plans. It's important to note that these figures are based on the performance of affiliated-owned locations and individual results may differ.

Cool Binz allows franchisees to establish their own pricing, but the rates charged by the affiliate-owned location can be used as a guideline. The FDD also emphasizes that the financial performance representation is based on historical data and that there is no assurance that franchisees will earn as much. Prospective franchisees should carefully consider these factors and conduct their own market research to determine the appropriate pricing strategy for their location.