COOL-BINZ Claimed
COOL-BINZ Franchise For Sale
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.
Franchise Background
Franchised Units: 0
Company Owned Units: 3
States Registered In: Alabama - AL, Alaska - AK, Arizona - AZ, Arkansas - AR, Colorado - CO, Delaware - DE, Florida - FL, Georgia - GA, Idaho - ID, Iowa - IA, Kansas - KS, Louisiana - LA, Massachusetts - MA, Michigan - MI, Mississippi - MS, Missouri - MO, Montana - MT, Nebraska - NE, Nevada - NV, New Hampshire - NH, New Jersey - NJ, New Mexico - NM, North Carolina - NC, Ohio - OH, Oklahoma - OK, Oregon - OR, Pennsylvania - PA, Rhode Island - RI, South Carolina - SC, South Dakota - SD, Tennessee - TN, Texas - TX, Utah - UT, Vermont - VT, West Virginia - WV, Wisconsin - WI, Wyoming - WY
Canada Franchises: No
International Franchises: No
Financial Terms
Minimum Net Worth: $1,500,000
Franchise Fee: $59,900 2nd - 49,900, 3rd - 39,900
Royalty: 9%
Ad: 2%
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
Site Selection Assistance: No
Lease Negotiation Assistance: No
Recruiting Assistance: No
Cooperative Advertising: No
Training:
Initial Training takes place at a location in Naples, Florida, BFG headquarters in Ann Arbor, MI, or another location designated by us. It may be attended by you and the Managing Owner or, if applicable, the Designated Manager, at no additional fee. The Managing Owner or, if applicable, the Designated Manager must complete the Initial Training to our satisfaction. Initial Training will last up to four (4) days in duration and must be completed within six(6) months of signing the franchise agreement. Although we do not charge a fee for attending training, you will be responsible for all travel and living expenses that you and your employees/owners incur. Additional persons employed by you may attend on a space available basis, contingent upon our receipt of our training fee to offset the expenses we incur. All attendees who are not a party to the Franchise Agreement must sign our prescribed form of confidentiality and non-disclosure agreement (Exhibit A-2 of the Franchise Disclosure Document). Training consists of 17 hours of classroom training, and 18 hours of Hands on Field Training. After you return from Initial Training, you are ready to open for business.
Cost for Training: Training for 2 people is included in your franchise fee, $250/day/person after that Lodging and airfare included: No
Ongoing Training: Post training, a COOL-BINZ business coach will support your growth and success activities. There is additional online support and training for new staff through the BUS (Belfor University System). Continuous marketing support is provided for both online and on-the-ground activities.
Ideal Candidate
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