What is the median average rental rate for Cool Binz bins during the Measurement Period?

According to Cool Binz's 2025 Franchise Disclosure Document, the median average rental rate for its bins during the measurement period (January 1, 2024 to December 31, 2024) was $414.00. The average rental rate was calculated from each bin's average rental rate in 2024. The highest average rental rate was $1,899.00, while the lowest was $150.00. Each rental is typically for a month, but this can vary.

This information is valuable for prospective Cool Binz franchisees as it provides insight into the potential revenue that can be generated from bin rentals. Understanding the range of rental rates, from the lowest to the highest, along with the median, can help franchisees develop their own pricing strategies and financial projections. However, Cool Binz emphasizes that individual results may differ, and there is no assurance that franchisees will earn as much as the figures presented.

It is important to note that the financial performance representation is based on data from Cool Binz's affiliated-owned location, which was the only unit open during the entirety of the measurement period. While franchisees are permitted to establish their own pricing, the rates charged by the affiliate-owned location can be used as a guideline. Prospective franchisees should carefully consider these figures in conjunction with their own market research and business plans to assess the potential profitability of a Cool Binz franchise.