Who sets the time limits for a Cool Binz transferee to obtain required permits and licenses?

According to Cool Binz's 2025 Franchise Disclosure Document, Cool Binz sets the time limits for a transferee to obtain the necessary permits and licenses to operate the business. Specifically, the FDD states that the transferee must obtain all required permits and licenses within the time limits set by Cool Binz.

This means that if you are considering purchasing an existing Cool Binz franchise from a current franchisee, you will need to adhere to the timeline established by Cool Binz for securing all the necessary operational permits and licenses. It is important to understand these time constraints upfront, as failing to meet them could potentially jeopardize the transfer or your ability to operate the franchise.

Prospective franchisees should discuss these time limits with Cool Binz during their due diligence to fully understand the requirements and ensure they can comply. Understanding these obligations is crucial for a smooth transition and continued operation of the Cool Binz franchise.