What is the length of the Renewal Term for a Cool Binz franchise, assuming all conditions are met?

According to the 2025 Cool Binz Franchise Disclosure Document, the initial term of the franchise agreement is ten years.

While the document discusses the conditions for obtaining a renewal term, it does not explicitly state the length of the renewal term itself. To be granted a renewal, a Cool Binz franchisee must be in compliance with the existing agreement, potentially complete additional training, and sign the then-current franchise agreement, which may include different royalty or territory terms. The franchisee must also sign a mutual general release of claims. Cool Binz may also require upgrades or remodeling of the business at the franchisee's expense as a condition of renewal.

Since the length of the renewal term is not specified in the provided FDD excerpts, prospective franchisees should directly ask Cool Binz about the duration of the renewal term and ensure this information is included in the franchise agreement.