Does Cool Binz provide assistance with hiring and training employees (other than the required training)?
Cool_Binz Franchise · 2025 FDDAnswer from 2025 FDD Document
Before you open your COOL BINZ Business, we will:
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- Designate the Territory for a COOL BINZ Business (Section 1.D and the Summary Page of the Franchise Agreement). We do not provide any assistance with (a) selecting a business site or negotiation of any lease or purchase of any site, (b) conforming the site to local ordinances and codes and obtaining any required permits, or (c) hiring and training employees (other than the required training discussed in Section 3.A of the Franchise Agreement). Your business site must be located within the Territory and must contain at least 500 square feet and a minimum lot size of 0.5 to 1.0 acre, and must adhere to our standards and specifications, which includes demographics, size, local traffic, whether there are complementary businesses or competitors in the area, and similar characteristics. Your COOL BINZ Business site must be approved by us, in our sole discretion, which we will not unreasonably withhold provided that the site meets our minimum specifications. (Section 1.D of the Franchise Agreement). We will use commercially reasonable efforts to approve a suggested site in 30 days. Failure to find a site and commence operation of the COOL BINZ Business within eight (8) months of signing the Franchise Agreement may result in termination of the Franchise Agreement (Section 12.B of the Franchise Agreement). We do not generally (a) own the premises from which franchisees operate the COOL BINZ Business or (b) lease any premises to franchisees to operate the COOL BINZ Business.
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS AND TRAINING (FDD pages 36–45)
What This Means (2025 FDD)
According to the 2025 Cool Binz Franchise Disclosure Document, Cool Binz does not provide assistance with hiring and training employees, beyond the required training. Specifically, Cool Binz will provide a training program to the Managing Owner or Designated Manager, with additional personnel able to attend on a space-available basis for a fee of $250 per person, per day. This initial training lasts up to four days and must be completed within six months of signing the franchise agreement.
Beyond the initial training program, Cool Binz offers ongoing support to franchisees after they open their business. This includes guidance on new products, services, and methods, as well as the purchase and use of supplies and products. Cool Binz also provides support for marketing, advertising, and promotional programs, along with advice on the financial and daily operation of the business, including accounting and record-keeping. Franchisees also have access to a contact telephone number for communications with Cool Binz, periodic modifications to the Operations Manuals and System Standards, and periodic refresher training courses and conferences, not to exceed one per year.
While Cool Binz does not assist with the initial hiring and training of employees, they do provide a range of support services to help franchisees manage and grow their business. This includes ongoing training, marketing support, and operational guidance. However, franchisees should be prepared to handle the initial hiring and training of their own employees, as this is not a service provided by Cool Binz.