How many days does the Cool Binz Container Assembly and Set-Up Fee cover?
Cool_Binz Franchise · 2025 FDDAnswer from 2025 FDD Document
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- As also stated in Item 5, you must pay to us the Container Assembly and Set-Up Fee $5,000 for up to two days for the initial assembly and set-up of the Equipment needed for the operation of the COOL BINZ
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 27–31)
What This Means (2025 FDD)
According to the 2025 Cool Binz Franchise Disclosure Document, the Container Assembly and Set-Up Fee covers up to two days. Specifically, Cool Binz charges a $5,000 Container Assembly and Set-Up Fee. This fee is for the initial assembly and set-up of the equipment required to operate the Cool Binz business.
This means that as a Cool Binz franchisee, you will pay $5,000 to Cool Binz for up to two days of assistance with setting up the necessary equipment. It is important to note that this fee is in addition to the cost of the equipment itself, which ranges from $579,995 to $979,000. The Container Assembly and Set-Up Fee is a one-time fee that must be paid before opening the business.
Prospective franchisees should confirm with Cool Binz what is included in the container assembly and set-up services. Understanding the scope of these services will help franchisees assess the value of the fee and plan accordingly for their business launch. Franchisees should also inquire about the possibility of needing more than two days for the initial setup and any associated costs.