ManCave for MenFranchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
FranchiseVerdict summary · 2026
A ManCave for Men franchise requires a total initial investment of $230K – $338K, including a $45K franchise fee and an ongoing 5.0% royalty[2]. Per the 2025 FDD, average unit revenue was $606K[2]. Verdict grade: A. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2025 FDD issuance
Overview
- Investment
- $230K – $338K
- 24th pct Personal Care…
- Avg gross sales
- $606K
- 19th pct Personal Care…
- Royalty
- 5.0%
- 4th pct Personal Care…
- Units
- 28
- 22nd pct Personal Care…
- SBA default
- N/A
Quick verdict · Personal Care & Beauty · color = vs category peers
Green = >15% above Personal Care & Beauty avg · No shading = within ±15% · Red = >15% below avg · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
The system grew 180% year-over-year. Fast growth means demand, but can strain support.
Bottom line
- Total investment $230K – $338K including a $45K franchise fee, 5.0% ongoing royalty.
- Average unit revenue of $606K/year.
- Verdict A (Top Quintile) with a risk score of 22/100.
- System growing at 211.1% CAGR over 3 years with 28 total units. Strong expansion trajectory.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- MANCAVE FRANCHISING, LLC
- CEO title
- Chief Executive Officer
- Emad Aovida
- Founder active
- Yes
- Original founder still leading the business
- Incorporated in
- FL
- HQ
- 950 Peninsula Corporate Circle, Suite 1020, Boca Raton, Florida 33487
- Auditor
- Divine, Blalock, Martin & Sellari, LLC
- Audited financials
- Franchisor revenue
- $416K
- vs $397K prior year
- Management churn noted
- Frequent turnover
- Item 2 disclosed frequent executive changes
Overview
About
ManCave for Men operates casual retail/social venues targeting male consumers, likely offering grooming services, merchandise, or male-oriented entertainment/gathering spaces. Franchisees manage daily operations including staff hiring, inventory, local marketing, and customer experience in a protected territory.
- CEO
- Emad Aovida
- Headquarters
- FL
- Founded
- 2016
- FDD year
- 2025
- States available
- 3
FDD Item 7 · 2025 filing · 15 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Franchise Fee | $45K | $45K | |
| Training Expenses | $1K | $2K | |
| Premises Deposits | $5K | $7K | |
| Leasehold Improvements, Construction and/or Remodeling | $119K | $200K | |
| Furniture, Fixtures & Equipment | $25K | $30K | |
| Exterior & Interior Signage | $3K | $4K | |
| Business Licenses and Permits | $500 | $1K | |
| Computer Systems | $1K | $2K | |
| Premises Rent Payments | $5K | $7K | |
| Initial Inventory and Supplies | $3K | $5K | |
| Professional Fees | $4K | $10K | |
| Grand Opening Advertising | $3K | $5K | |
| Insurance | $1K | $2K | |
| Additional Funds - 3 months | $15K | $20K | |
| Development Fee (Multi-Unit - 3 outlets) | $90K | $90K | |
| Total initial investment | $320K | $428K |
Line items extracted from FDD Item 7. Ranges reflect the franchisor's stated low and high per line. Total is the sum of line-item lows / highs — actual costs may fall outside this range depending on market and build-out scope.
Single-unit · estimated
Returns at a glance
Indicative numbers using FDD Item 7 / Item 19 inputs and category-benchmarked cost ratios. Full single-unit, 25-unit portfolio, and LBO models (with every input editable to stress-test your own scenario) live on the financials page.
Store EBITDA · annual
$145K
24.0% margin
Unlevered ROIC
48%
EBITDA / total invested capital
Payback
25 mo
cash-on-cash, unlevered
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $230K – $338K
- Better than avg vs category
- Liquid capital req'd
- $15K – $20K
- Better than avg vs category
- Franchise fee
- $45K – $45K
- Better than avg vs category
- Royalty
- 5.0%
- Gross Revenue · typical 6–8%
- Ad fund
- 1.0%
- typical 3–5%
- Total fee load
- 6.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 5.0% of gross sales |
| Marketing / ad fund | 1.0% of gross sales |
| Technology fee | $0 |
| Transfer fee | $10K |
| Renewal fee | $10K |
| Total fee load | 6.0% of rev |
A 6.0% total fee load is unusually lean. More of each revenue dollar stays with the franchisee.
Financial Performance
- Avg gross sales
- $606K
- Per unit, per year
- Median gross sales
- N/A
- Item 19 type
- Historic Gross Receipts
- Sample size
- 18 units
- vs category median 35
- Range (low → high)
- $147K→$1.1M
- Cohort dispersion (min → max)
- Transparency
- 0 / 5
- vs category median 4 / 5 · below
Compared against 186 Personal Care & Beauty brands
vs Personal Care & Beauty averages
How ManCave for Men Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 28
- Opened
- 18
- Last reporting year
- Closed
- 0
- Terminated
- 0
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Turnover rate
- 0.0%
- Company-owned
- 9
- Corporate units in the system
- % franchised
- 68%
- vs corporate-owned
- Net growth (yr3)
- +180.0%
- Net unit change last year
- 3-yr CAGR
- Outlier (see FDD)
- Likely small-sample artifact
3-year detail · Item 20
- Transfers (3yr)
- 0
- Projected new
- 4
- Franchisor's next-year forecast
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 17 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator. Not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
Fast growth in a small system. Newer franchisors expanding quickly may not yet have the support infrastructure of larger systems.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA loan disclosures. This brand has only 2 7(a) loans on file; statistical reliability is limited below 10 loans.
- Total loans
- 2
- Loan volume
- $225K
- Median loan
- $112K
- 50th percentile
- Charge-off rate
- N/A
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- N/A
- 5-yr charge-off
- N/A
- Loans approved 2021+
- Active lenders
- 1
- Defaults
- 0
Explore lender portfolios on Bank Reports or regional data on State Reports.
Premium insight
SBA Lending Report
Deep-dive into ManCave for Men's SBA lending history: lender network, geographic footprint, interest rates, and more.
SBA Lending Report
- Principal loss rate and NAICS industry benchmark
- 1 lenders with concentration factor
- Per-state charge-off rates across 1 states
- Startup risk premium and job creation velocity
- 1-year lending trend
Instant access. No subscription.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
ManCave presents CAUTION-to-HIGH RISK profile due to missing financial disclosures, going concern flag, explosive but unproven growth trajectory, and unclear unit economics on a substantial $229.5k-$338k investment.
Litigation (Item 3)
No litigation required to be disclosed
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Divine, Blalock, Martin & Sellari, LLC
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Kickbacks from required suppliers: Yes
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Score breakdown · what drove the 22 / 100 rating
- 01MEDNo Item 19 financial disclosure (average revenue and net income not disclosed) — impossible to assess actual profitability or ROI on $229.5k-$338k investment
- 02MINORExplosive 180% YoY unit growth from tiny base (likely ~10 units last year to 28 now) suggests either aggressive recruitment or unsustainable expansion; highly volatile for early-stage franchise
- 03HIGHGoing Concern = False in franchise documents — indicates franchisor may have disclosed financial instability, debt covenant issues, or operational challenges to regulators
- 04MED5% royalty on undisclosed revenue means franchisees could be paying ongoing fees with no transparent benchmark for profitability
- 05MINORAll-male demographic niche limits addressable market and scalability; vulnerable to market saturation in local territories
- 06MED28-unit system is micro-franchise with minimal operational track record and limited peer support network for franchisees
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 5 years |
| Allowed renewalsℹ | 2 |
| Territory type | Radius/Population |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Territory radius | 2.5 mi |
| Territory population | 75,000 |
| Online sales rights | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 2 years |
| Non-compete (miles)ℹ | 5 mi |
| Right of first refusalℹ | Yes |
| RoFR response window | 30 days |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | Yes |
| Jury trial waiver | Yes |
| Governing law | Florida |
| Litigation count | 0 |
View Item 3 litigation summary
No litigation required to be disclosed
Items 10, 11
Training & Operations
- Classroom training
- 24 hrs
- On-the-job training
- 16 hrs
- Training location
- headquarters and/or affiliate-owned outlet, then franchisee premises
- Ongoing training
- Required
- Field support
- 16 hrs/yr
- On-site visits per year
- Time to open
- 9 mo
- From signing to launch
- POS system
- Squire
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Squire
Item 20 · call current owners
Franchisee Contacts
19 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
ManCave for Men · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a ManCave for Men franchise?
The total investment to open a ManCave for Men franchise ranges from $230K – $338K, with an initial franchise fee of $45K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do ManCave for Men franchise owners earn?
According to Item 19 of the ManCave for Men FDD, the average gross sales per unit is $606K. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
What is ManCave for Men's franchise failure rate?
SBA 7(a) loan charge-off data is not available for ManCave for Men (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
How many ManCave for Men franchise locations are there?
As of their most recent FDD filing, ManCave for Men has 28 total units in the United States, including 7 franchised units and 9 company-owned units. 18 new units were opened in the latest reporting year.
Is ManCave for Men a good franchise to buy?
FranchiseVerdict rates ManCave for Men as a A-grade franchise with a risk score of 22 out of 100, based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
For franchisors
Are you the franchisor?
If you represent ManCave for Men, you can request corrections or provide updated information.
Claim this brandOther Personal Care & Beauty franchises
Compare similar franchise opportunities in the Personal Care & Beauty category
Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.