How many Cool Binz outlets were opened in Georgia during the year 2024?
Cool_Binz Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Outlets at Start of Year | Outlets Opened | Term inations | Non Renewals | Reacquired by Franchisor | Ceased Operati ons - Other Reasons | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|---|
| Georgia | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2024 | 0 | 3 | 0 | 0 | 0 | 0 | 3 | |
| Totals | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2024 | 0 | 3 | 0 | 0 | 0 | 0 | 3 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 60–62)
What This Means (2025 FDD)
According to Cool Binz's 2025 Franchise Disclosure Document, there were 3 Cool Binz outlets opened in Georgia during the year 2024. The FDD provides a table that summarizes outlet information by state and year, including the number of outlets at the start of the year, the number of outlets opened, terminations, non-renewals, re acquisitions by the franchisor, outlets that ceased operations for other reasons, and the number of outlets at the end of the year.
For a prospective franchisee, this information is useful in understanding the growth and stability of the Cool Binz franchise system in specific geographic areas. Seeing that 3 outlets opened in Georgia in 2024 after having zero outlets in the years prior may indicate a growing market presence in that state.
It is important to note that this data only reflects the number of outlets opened and does not provide information on the performance or success of those individual locations. A prospective franchisee should further investigate the reasons behind the outlet openings and closures, as well as the overall market conditions in Georgia, to make an informed decision.