How many Cool Binz outlets were operating in Florida at the start of 2024?
Cool_Binz Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Outlets at Start of Year | Outlets Opened | Outlets Reacquired from Franchisees | Outlets Closed | Outlets Sold to Franchisees | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|
| Florida* | 2022 | 1 | 0 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 0 | 0 | 0 | 0 | 1 | |
| 2024 | 1 | 0 | 0 | 0 | 0 | 1 |
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 was one Cool Binz outlet operating in Florida at the start of 2024. The provided table tracks outlet information by state and year, including the number of outlets at the start of the year, outlets opened, reacquired, closed, and sold, and the number of outlets at the end of the year.
Specifically, the table shows that Florida had one outlet at the beginning of 2022, and no outlets were opened, reacquired, closed, or sold during 2022 or 2023. As a result, Florida maintained one outlet at the start of 2023 and one outlet at the start of 2024. The footnote indicates that this outlet was owned and operated by Cool Binz's predecessor until 2022 and is now operated by an affiliate.
For a prospective franchisee, this information indicates a limited Cool Binz presence in Florida as of the beginning of 2024. The fact that the single outlet is operated by an affiliate rather than a franchisee may suggest limited franchise opportunities in Florida or a preference for company-owned operations in that state. A potential franchisee should inquire about Cool Binz's expansion plans for Florida and whether there are specific reasons for the current ownership structure of the existing outlet.