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COOL-BINZ Franchise For Sale

Minimum Investment

$350,000

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Established

2017

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Franchise Units

1

payments

Minimum Investment

$350,000

payments

Franchise Fee

$59,900

payments

Total Investment Range

$1,270,500

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Home Based

No

Description

COOL-BINZ is set to become a trusted name in the $11 billion portable storage industry by delivering innovative climate-controlled storage bins that protect items from moisture, heat, mold, pests, and other damage often caused by exposure to daily weather, regional climate characteristics, and seasonal changes. As a first-to-market concept, COOL-BINZ is ready to provide top-of-the-line solutions for the portable storage needs of homeowners and businesses across the United States.

The need for climate-controlled storage bins is constant, making this a recession resistant business. Homeowners and business owners relocating or remodeling is a common occurrence across the U.S., and it's important that they have a reliable solution to store their items during the process. Additionally, properties are regularly impacted by unexpected disasters like burst pipes, property fires, or weather-related events that increase the need for climate-controlled storage options designed to keep their belongings protected if restoration services are required.

Our innovative, fully insulated portable climate-controlled storage bins are a first-to-market, top-quality product that easily plugs into a 110v outlet to keep the system running. The majority of portable storage containers on the market are not climate-controlled, and no other national brand in the portable storage space offers climate-controlled bins. COOL-BINZ has also developed a unique delivery system that is capable of maneuvering the bins into tight spaces, allowing more options for bin placement.

The business structure of COOL-BINZ follows an asset-heavy and labor-light model that increases long-term profit and growth potential for new and existing franchisees. We have large territories available in prime markets across the United States, making scalability dependent on how many units an owner can rent out at any given time.


Background

Established: 2017
First Unit Franchised: 2023
Franchised Units: 1
Company Owned Units: 2
Canada Franchises: No
International Franchises: No


Total Initial Investment: $734,845 to $1,270,500.
Liquid Cash: $350,000
Minimum Net Worth: $2,000,000

Franchise Fee: $59,900 2nd - 49,900, 3rd - 39,900 
Royalty: 9%, 8% above 500k gross
Item 19: Yes
Average Number of Employees: 3
Visa Candidates: No
Passive Ownership: No
Home-Based: No
B2B: Yes
Master Franchise Opportunities: No
Veteran Discount: Yes



Support Training

Financial Assistance Provided: Third Party, SBA relationships

Site Selection Assistance: No

Lease Negotiation Assistance: No

Recruiting Assistance: No

Cooperative Advertising: No

Training: Our comprehensive approach to training covers both the technical and operational sides of running a portable storage business. In-house experts will teach you everything you need to know about the COOL-BINZ brand, our bins and equipment, the storage industry, educating and serving clients, and more. After initial training, you’ll receive ongoing coaching, sales and marketing support, and other resources from our home office teams to help you continue to grow your business.


Ideal Candidate

The business needs few employees to start. We suggest a part-time drive and office manager, and that the owner spends their time initially, on the sales and marketing aspects of the business. The key to success will be educating people on the value proposition of COOL-BINZ. As we are really the only ones in the space offering a variety of climate controlled bins, differentiating us from the rest of the portable storage concepts.

IDEAL CANDIDATE
No experience is necessary but Management, sales and marketing are key traits. People who like working with people, and are entrepreneurial in nature. Self motivated and want to work on the business.



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