- Founded in 2018
- Franchising Since 2023
- 0 US Franchises
- $735K - $1M Investment Range
- $361K Average Gross Revenue
- 8% - 9% Royalty Fee
- $60K Franchise Fee
The business model combines three essential services - moving assistance, temporary and long-term storage solutions, and professional junk removal - creating multiple revenue streams and year-round demand. Cool-Binz stands out by offering a modern approach to traditional storage and moving services, utilizing technology for seamless customer experience and efficient operations management.
What makes Cool-Binz particularly attractive is its comprehensive business system that includes state-of-the-art equipment, proven operational procedures, and extensive training programs. Franchise owners benefit from a territory-based business model, allowing them to establish a strong local presence while building lasting relationships within their community.
The franchise provides ongoing support in marketing, customer service, and operational excellence, ensuring franchisees can focus on growing their business and delivering exceptional service. With the increasing trend towards urbanization and the growing need for flexible storage solutions, Cool-Binz positions itself as a forward-thinking option for entrepreneurs looking to enter the lucrative home services sector.
As a Cool-Binz franchise owner, you'll be joining a brand that emphasizes professionalism, reliability, and customer satisfaction, while contributing to sustainable waste management practices in your community.
How much does it cost to start a franchise with Cool-Binz?
- Franchise Fee
- $60K
- Investment Range
- $735K - $1M
- Investment Midpoint
- $1M
- Minimum Cash Required
- $735K
- Royalty Fees
- 8% - 9%
- Brand Fund
- 2%
The home services industry benefits from consistent consumer demand and recession-resistant characteristics, as households require these services regardless of economic conditions. However, the reported gross revenue of $361,267 falls considerably below the sub-sector average of $736,316, which may reflect the system's early development stage since its 2018 establishment.
With only one operational unit, Cool-Binz represents an emerging franchise system with limited operational history and unproven scalability. This early-stage positioning presents both opportunity and risk - potential investors gain access to prime territories but lack extensive franchisor support infrastructure and proven business systems that mature franchises provide.
The premium investment requirement suggests this opportunity targets well-capitalized investors with substantial liquid assets and operational experience in service-based businesses. The complex nature of moving and storage services requires strong operational management capabilities and local market knowledge.
Prospective investors should carefully evaluate the franchisor's business model, territory protection policies, and system support capabilities given the nascent franchise structure. The substantial capital requirement combined with limited operational history necessitates thorough due diligence and comprehensive FDD review before investment consideration.
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See the Revenue Potential!
Curious about how much you could earn? The average gross sales data gives you a realistic view of the franchise's earning potential and success stories from existing franchisees.
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Financing Details
Franzy connects you with top-tier financing partners to help secure the funds to invest in a franchise like Cool-Binz. Whether you're looking for a loan or exploring other financial products, our partners provide expert guidance to ensure you obtain the necessary capital. They specialize in offering solutions tailored to the needs of franchisees, making the process of securing financing smooth and straightforward.
Why Financing with Franzy Partners?
Choosing to finance through Franzy's partners ensures you get the best terms and support for your franchise investment. Our partners have extensive experience in the franchising industry and offer specialized financial solutions tailored to your needs. With competitive interest rates and flexible repayment options, you can find the right financing plan that fits your budget and goals. Our partners are committed to providing personalized guidance throughout the financing process, making it easier for you to secure the necessary funds and confidently move forward with your franchise venture.
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CRF USA
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First Bank of the Lake
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Live Oak Bank
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Pension Pros
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Preferred Funding Group
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Guidant Financial
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Ideal locations for Cool-Binz franchises should target growing metropolitan areas with high residential mobility rates and substantial storage needs. Key demographic indicators include areas with median household incomes above $75,000, high concentration of apartment complexes, and active real estate markets. Strategic positioning near residential developments, university campuses, and urban centers could maximize market penetration.
While the brand's early stage development means limited historical performance data, this also presents an opportunity for franchisees to become pioneering market leaders. Success factors should include proximity to dense residential areas, accessibility to major thoroughfares, and visibility from high-traffic corridors. Potential franchisees should consider markets with strong population growth, limited competition in mobile storage solutions, and favorable zoning regulations for storage facilities.
Access the detailed territory map to find prime locations and see where this franchise operates. This information is vital for understanding your market potential and exclusivity rights.
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Track Growth to Gauge Success!
See how this franchise is expanding over time. The net unit growth reveals the health and popularity of the brand—key indicators for a promising investment.
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Executive Team
Get to know the leadership behind Cool-Binz. Learn about the experience and expertise of the executive team guiding Cool-Binz's success. For more details, refer to Item 2 of the Franchise Disclosure Document (FDD).
Litigation
Review any legal actions or pending litigation involving Cool-Binz. Understanding the legal history helps assess potential risks and the brand's business practices. For more details, refer to Item 3 of the Franchise Disclosure Document (FDD).
Bankruptcy
Review Cool-Binz's bankruptcy history and any filings by key personnel or affiliates. This critical information provides transparency about the brand's financial stability and management. For more details, refer to Item 4 of the Franchise Disclosure Document (FDD).
Franchisor Assistance
Learn about Cool-Binz's comprehensive support system for franchisees, including initial training programs and continuous operational assistance. Understanding the available resources and support structure is crucial for franchise success. For more details, refer to Item 11 of the Franchise Disclosure Document (FDD).
The information provided on this page is based on the latest Franchise Disclosure Document (FDD) that is publicly available and that we have on record, which was issued in 2024. This information is for informational purposes only and is not intended to constitute legal, financial, or business advice. We make no guarantees or claims regarding the completeness or accuracy. For the most current and detailed information, we recommend consulting the franchisor directly for the most recent FDD and regarding any questions that you may have about the information provided.
- Founded in 2018
- Franchising Since 2023
- 0 US Franchises
- $735K - $1M Investment Range
- $361K Average Gross Revenue
- 8% - 9% Royalty Fee
- $60K Franchise Fee
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