What is the significance of the asterisk next to 1-800 BOARDUP International, LLC in relation to Cool Binz?

According to the 2025 Cool Binz Franchise Disclosure Document, the asterisk next to 1-800 BOARDUP International, LLC indicates that it is considered a "fractional franchise" as defined in 16 CFR §436,2(d)(2007). The FDD also states that in some states, 1-800 BOARDUP, International, LLC is not considered a franchise. This information is relevant because Cool Binz's parent company, BFG, owns 1-800 BOARDUP International, LLC.

For a potential Cool Binz franchisee, this means that 1-800 BOARDUP operates under a different franchise model than a traditional franchise. A fractional franchise typically involves a smaller investment and a different set of obligations compared to a standard franchise. The legal classification of 1-800 BOARDUP may vary by state, which could affect the regulatory requirements and the relationship between the franchisor and franchisee in those specific states.

It is important for prospective Cool Binz franchisees to understand the nature of affiliated companies like 1-800 BOARDUP because it provides insight into the broader business network and potential synergies or conflicts of interest. Understanding the fractional franchise model and its legal implications can help franchisees assess the overall risk and opportunity associated with investing in a Cool Binz franchise, especially considering that Cool Binz's parent company owns several franchise systems.