Cool Binz franchise
2026 filing · March 30, 2026GrowingShares sales figures
Cool Binz at a glance
A rental business leasing portable storage containers, mobile offices and mobile refrigeration and freezer units. At the end of 2025 there were 10 Cool Binz locations in the US, 9 franchised and 1 company-owned.
The business
- Industry
- Business services
- Franchisor
- Cool Binz International, LLC
- The company that sells the franchises
- Current franchisor selling since
- 2023
- 3 years of selling franchises
- Franchisor based in
- Ann Arbor, Michigan
What you pay
- Cost to open
- $889K–$1.11M
- Fee, build-out and opening working capital
- Franchise fee
- $59,900
- For a territory of about 350,000 to 450,000 people
- Royalty
- 8%–9%
- 9% of gross sales or the minimum royalty if higher (from month 13), paid monthly; 8% once a year's sales pass $500,000
- Brand fund
- 2%
- 2% of gross sales, paid monthly
- Renewal fee
- See terms
- 10% of the then-current Initial Franchise Fee
- Agreement length
- 10 years
- Territory
- None
- No exclusive territory
- Franchisor financing
- Some financing offered
Where it is
- US locations, 2025
- 10
- Franchised and company-owned
- Franchised
- 9
- Company-owned
- 1
- Change in 3 years
- +9
- Franchised locations, 2023–2025
- States
- 5
- Most in Georgia, North Carolina and Arkansas
From Cool Binz International, LLC’s 2026 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
Cool Binz among all franchises with the same figure.
| Figure | Cool Binz | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $999,098 | Costs more than 83% of franchises |
| Franchise feePaid once, when you sign | $59,900 | Higher than 87% of franchises |
| RoyaltyShare of sales paid to the franchisor | 9% | Higher than 94% of brands with a set rate |
| US locationsFranchised and company-owned | 10 | Fewer than 61% of franchises |
How much a Cool Binz franchise costs
Opening one Cool Binz costs an estimated $889,180 to $1,109,015. That covers the franchise fee and everything else needed to open, through the first months of working capital.
Source: Cool Binz International, LLC, 2026 filing, page 25
Cool Binz franchise fee
The franchise fee is $59,900, for a territory of about 350,000 to 450,000 people. You pay it when you sign the franchise agreement.
Source: Cool Binz International, LLC, 2026 filing, page 14
Royalty and ongoing fees
| Royalty | 9% of gross sales or the minimum royalty if higher (from month 13), paid monthly; 8% once a year's sales pass $500,000. |
|---|---|
| Brand or marketing fund | 2% of gross sales, paid monthly. |
| Technology Fee | Our then-current fee, which is presently $350 per month |
| Renewal Fee | 10% of the then-current Initial Franchise Fee |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Cool Binz International, LLC, 2026 filing, page 17
Other fees as filed, from pages 17–19. The filing lists every fee, including late fees and audit costs.
Sales and earnings
Shares figures Cool Binz publishes sales or earnings figures for its locations. The full tables, with notes on which locations are counted, are in its filing.
Source: Cool Binz International, LLC, 2026 filing, page 56
SBA loans to Cool Binz franchisees
Lenders approved 3 SBA 7(a) loans for Cool Binz franchisees from 2025 to 2026, $1.74M in all. None has been paid off or charged off yet.
A charged-off loan is one written off as uncollectible. See SBA franchise loans for how 7(a) and 504 loans work.
Source: SBA 7(a) and 504 loan data, as of September 30, 2026
How Cool Binz compares
Of the 324 business services franchises on this site, Cool Binz is the 321st cheapest to open and the 200th largest by number of locations.
| Figure | Cool Binz | Typical business services brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $889K | $77K | $222K |
| Cost to open, high end | $1.11M | $136K | $477K |
| Franchise fee | $60K | $45K | $40K |
| Royalty | 9% | 7% | 6% |
| Brand fund | 2% | 2% | 2% |
| US locations | 10 | 32 | 21 |
| Closed or left per year | 0% | 6.9% | – |
| Shares earnings figures | Yes | 187 of 324 | 2,147 of 3,352 |
Typical is the median across the 324 brands in business services franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned | Opened | Closed |
|---|---|---|---|---|
| 2023 | 0 (0) | 3 | 0 | 0 |
| 2024 | 3 (+3) | 3 | +3 | 0 |
| 2025 | 9 (+6) | 1 | +6 | 0 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
See which brands grew most in the fastest-growing franchises rankings.
Cool Binz passes four of the five tests on our list of the best franchises to own; it had fewer than 100 US locations three years ago.
More in the guides: storage franchises and franchise failure rates.
Source: Cool Binz International, LLC, 2026 filing, page 59
Where Cool Binz locations are
At the end of 2025, Cool Binz had locations in 5 states. The most are in Georgia, North Carolina and Arkansas.
- Georgia3
- North Carolina3
- Arkansas2
- Florida1
- South Carolina1
| State | Franchised | Company-owned | Total |
|---|---|---|---|
| Georgia | 3 | 0 | 3 |
| North Carolina | 3 | 0 | 3 |
| Arkansas | 2 | 0 | 2 |
| Florida | 0 | 1 | 1 |
| South Carolina | 1 | 0 | 1 |
Source: Cool Binz International, LLC, 2026 filing, page 60
Who owns Cool Binz?
Cool Binz franchises are sold by Cool Binz International, LLC.
Cool Binz is one of the 11 BELFOR Franchise Group brands here.
From Cool Binz International, LLC’s 2026 filing.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | None. The filing says no litigation has to be disclosed. |
|---|---|
| Bankruptcy | None. The filing says no bankruptcy has to be disclosed. |
Franchisors must disclose lawsuits and bankruptcies involving the company, its parents and affiliates, and its executives. Many cases are routine disputes with franchisees over fees or contracts; read the descriptions in the filing and ask current owners about anything that worries you.
Source: Cool Binz International, LLC, 2026 filing, litigation on page 14, bankruptcy on page 14
Cool Binz filings
The figures on this page come from Cool Binz International, LLC’s 2026 filing, issued March 30, 2026, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2026 filing | March 30, 2026 | NASAA depository | Costs, fees and locations, 2023–2025 |
Each link opens the filing as a PDF. See the newest filings across all brands.
Other business services franchises
All business services franchises
Other brands from BELFOR Franchise Group: 1-800 Water Damage, Blue Kangaroo Packoutz, Chem-Dry, Clear Pest Pros, DUCTZ, Helpful Heroes, HOODZ, redbox+ Dumpsters and 2 more. See all 11 in the finder