Since when has Cool Binz offered franchises for its business?
Cool_Binz Franchise · 2025 FDDAnswer from 2025 FDD Document
We were formed on September 29, 2022, as a Michigan Limited Liability Company, and have offered franchises for this business since March 31, 2023. Our affiliate, COOL BINZ North America, LLC, operates one (1) business of the type that will be operated by franchisees, and has done so since October 10, 2022. We do not operate any COOL BINZ Businesses. We do business under our business name and the name "COOL BINZ." We do not do business under any other name. We do not conduct and have not conducted business in any other line of business. We do not and have not offered franchises in any other line of business.
Source: Item 1 — THE FRANCHISOR, AND ANY PARENTS, PREDECESSORS AND AFFILIATES (FDD pages 11–15)
What This Means (2025 FDD)
According to Cool Binz's 2025 Franchise Disclosure Document, the company began offering franchises on March 31, 2023. Cool Binz International, LLC was formed on September 29, 2022, and their affiliate, COOL BINZ North America, LLC, has been operating a similar business since October 10, 2022. However, the affiliate itself does not offer franchises. Cool Binz International, LLC is the entity that grants franchises.
It is important to note that while Cool Binz has been offering franchises since March 31, 2023, their predecessor, Cool-Binz, LLC, did not offer franchises in this or any other line of business. This means that the current franchise system is relatively new, and prospective franchisees should carefully evaluate the performance and support provided by Cool Binz International, LLC.
Cool Binz's parent company, BELFOR Franchise Group, LLC, also owns other franchise companies, some of which have been offering franchises for a longer period. This may provide Cool Binz with access to resources and expertise from established franchise systems. A prospective franchisee may want to investigate the performance of these other franchise systems to better understand the experience and resources available through the parent company.