Is there an additional fee for the Cool Binz Business Manager and Technical Operations Training?
Cool_Binz Franchise · 2025 FDDAnswer from 2025 FDD Document
Before you begin operating the COOL BINZ Business, we will furnish business manager and technical operations training (the "Business Manager and Technical Operations Training") to the Managing Owner or, if applicable, the Designated General Manager, at no additional fee. The Managing Owner or, if applicable, the Designated General Manager must complete the Business Manager and Technical Operations Training to our satisfaction and failure to do so will result in the termination of this Agreement. The Business Manager and Technical Operations Training may not commence until you have paid all fees due to us and must be completed within six (6) months of the effective date of this agreement.
The Business Manager and Technical Operations Training will last up to four (4) days in duration at Naples, FL or another location designated by us. You will be responsible for all travel and living expenses that you and your employees/owners incur for this Business Manager and Technical Operations Training.
In the event that you own multiple COOL BINZ Businesses and have your Managing Owner already at another COOL BINZ Business who has already completed the Business Manager and Technical Operations Training, the Managing Owner will still be required to successfully complete the most recent online training modules essential to the role of ownership.
You may designate, with our approval and on a "space available" basis, additional persons to attend other sessions of the Business Manager and Technical Operations Training for which you will be charged our then-current Business Manager and Technical Operations Training fee. In addition, each person we approve to attend the Business Manager and Technical Operations Training will be required to sign our then-current form of confidentiality and non-disclosure agreement before the start of training. The Business Manager and Technical Operations Training fee will be due and payable before the start of the training program and you will be responsible for the payment of all travel and living expenses incurred by your designees while training.
Source: Item 23 — RECEIPTS (FDD pages 63–238)
What This Means (2025 FDD)
According to the 2025 Cool Binz Franchise Disclosure Document, the Managing Owner or Designated General Manager is provided the Business Manager and Technical Operations Training at no additional fee. However, the franchisee is responsible for all travel and living expenses incurred during the training, which lasts up to four days in Naples, FL, or another location designated by Cool Binz. This training must be completed within six months of the agreement's effective date, after all fees due to Cool Binz have been paid.
If a franchisee owns multiple Cool Binz businesses and their Managing Owner has already completed the training, they must still complete the most recent online training modules. If the Managing Owner or Designated General Manager attends the Business Manager and Technical Operations Training in such cases, Cool Binz will assess its then-current training fee. Additionally, franchisees may designate additional persons to attend the training on a space-available basis, for which they will be charged Cool Binz's then-current Business Manager and Technical Operations Training fee.
In the event that a Designated General Manager terminates their employment, a successor must be designated and attend the next available Business Manager and Technical Operations Training. Failure to have a successor complete the training can result in default of the Franchise Agreement. Therefore, while the initial training for the Managing Owner or Designated General Manager is included, additional training for other personnel or in specific circumstances will incur a fee, in addition to travel and living expenses.