ManCave for Men Franchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
Analysis by FranchiseVerdict Research · Methodology
ManCave for Men is a men's grooming franchise offering a spa-style barbershop experience with haircuts, shaves, nail care, massage, facials, and waxing. Franchisees run the salons, managing barbers and technicians, appointments, and retail.
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]. The 2025 FDD does not disclose unit-level revenue (no Item 19). FranchiseVerdict grade: A (Strongest tier), an editorial assessment, not investment advice. Run a live ROI scan →
Data last verified · figures per the 2025 FDD issuance
Overview
- Investment
- $230K – $338K
- 27th pct Personal Care…
- Avg gross sales
- N/A
- Royalty
- 5.0%
- 2nd pct Personal Care…
- Units
- 25
- 25th pct Personal Care…
- SBA charge-off
- N/A
Quick verdict · Personal Care & Beauty · color = vs category peers
Green = favorable by >10% vs Personal Care & Beauty avg · No shading = within ±10% · Red = unfavorable by >10% · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Bottom line
- COSTTotal investment $230K – $338K including a $45K franchise fee, 5.0% ongoing royalty.
- RETURNSTotal Revenue for FYE 12/31/2024 of $397,051 comprises franchise fees ($173,575) and royalty fees ($223,476); other income was $0. Audited by Divine, Blalock, Martin & Sellari, LLC (West Palm Beach, FL).
- RISKVerdict A (Strongest tier), verdict score 78/100 (higher is better).
- GROWTHSystem growing at 100.0% CAGR over 3 years with 25 total units. Strong expansion trajectory.
Item 1 · who you're contracting with
The Franchisor
Corporate structure & franchisor financials
- 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
- $397K
- vs $416K prior year
- Management churn noted
- Frequent turnover
- Item 2 disclosed frequent executive changes
Overview
About
- CEO
- Emad Aovida
- Headquarters
- FL
- Founded
- 2011
- FDD year
- 2025
- States available
- 3
Can you afford it, and what does the money buy?
Entry cost runs 46% below the typical personal care & beauty franchise.
Source: FDD 2025 · Items 5–7
Full Item 7 breakdown15 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.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $230K – $338K
- Top 40% of category vs category
- Liquid capital req'd
- $15K – $20K
- Top 40% of category vs category
- Franchise fee
- $45K – $45K
- Top 40% of category vs category
- Royalty
- 5.0%
- percentage · 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 | $23K |
| Renewal fee | $10K |
| Inventory (initial) | $3K – $5K |
| Total fee load | 6.0% of rev |
What do units actually make?
Source: FDD 2025 · Item 19
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
ManCave for Men did not disclose financial performance in FDD Item 19. The ROIC and return models require Item 19 revenue. Without it all inputs are estimates. You can still run the calculator with your own assumptions by entering an expected revenue figure.
Returns model · single-unit ROIC
What would one ManCave for Men unit return on the cash you put in?
Unlevered ROIC · per unit
Estimated return on your total franchise investment, before any debt financing.
60%
Within the 30–60% "attractive franchise" band
These models are for research and scenario planning only. Not investment advice. Actual results depend on your specific location, management, and market conditions. Consult a franchise attorney and accountant before signing any franchise agreement.
Item 19 · Source: 2025 FDD
Financial Performance
Total Revenue for FYE 12/31/2024 of $397,051 comprises franchise fees ($173,575) and royalty fees ($223,476); other income was $0. Audited by Divine, Blalock, Martin & Sellari, LLC (West Palm Beach, FL).
- Item 19 type
- gross revenue
- Sample size
- 14
- vs category median 38 · small
- Range (low → high)
- $174K→$1.1M
- Cohort dispersion (min → max)
- Reporting year
- 2024
- Fiscal year the figures cover
- Source filing
- FDD 2025
- Disclosed in the 2025 filing, covering 2024
- Transparency
- 0 / 10
- vs category median 4 / 10 · below
Compared against 179 Personal Care & Beauty brands
Operator outlook
What the numbers say
Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.
Fee burden
Total ongoing fee load of 6.0% — below the Personal Care & Beauty average of 7.8%.
Disclosure
Item 19 reports outlet revenue, but not in a form that yields a per-outlet average we can compare across brands.
Operator retention
System expanding at 100.0% CAGR over 3 years across 25 units — operators are staying and new ones are joining.
Source: FDD Item 19 financial performance representations and publicly filed FDD data. Past performance is not indicative of future results. Verify all figures with the franchisor and current franchisees before making any investment decision.
vs Personal Care & Beauty averages
How ManCave for Men Compares
Is the system healthy?
Source: FDD 2025 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 25
- 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
- 7
- Corporate units in the system
- % franchised
- 72%
- vs corporate-owned
- Net growth (3-yr)
- +100.0%
- Net unit change over 3 years
- 3-yr CAGR
- +100.0%
- Compounded over last 3 years
3-year detail · Item 20
- Opened (3yr)
- 18
- Closed (3yr)
- 0
- Terminated (3yr)
- 0
- Non-renewed (3yr)
- 0
- Transfers (3yr)
- 0
- Reacquired (3yr)
- 0
- Franchisor bought back
- Projected new
- 4
- Franchisor's next-year forecast
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 12 · 3 states reported
The Territory Map
FDD Item 12 reports the state count, but the specific list isn't in our current data. The map will appear once we re-extract from the FDD or enough franchisee contacts are available.
3
states with franchisees (per FDD Item 12)
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
- limited sample (2 loans) — rate not shown below 10
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
- N/A
Explore lender portfolios on Bank Reports or regional data on State Reports.
What could kill this investment?
Source: SBA 7(a) FOIA · FDD Items 3, 21
Risk analysis
FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21
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: No
- Kickbacks from required suppliers: No
- Must buy proprietary products: No
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Score breakdown · what drove the 78 / 100 verdict
- 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
What are you signing up for?
Ongoing fees run about 6.0% of sales (royalty + ad fund), before rent and labor.
Source: FDD 2025 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 5 years |
| Allowed renewalsℹ | 2 |
| Territory type | protected |
| Protected territory | Yes |
| Exclusive territoryℹ | Yes |
| Territory radius | 2 mi |
| Territory population | 75,000 |
| Online sales rightsℹ | 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 | 5 days |
| Curable defaultsℹ | 1 |
| Mandatory arbitration | Yes |
| Arbitration location | Florida |
| Jury trial waiver | Yes |
| Governing law | FL |
| 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
- Franchisee's new location (typically); may also use headquarters or affiliate-owned outlet
- Ongoing training
- Required
- Field support
- 2 hrs/yr
- On-site visits per year
- Time to open
- 9 mo
- From signing to launch
- Site selection
- Franchisee with franchisor approval
- Franchisor financing
- Not offered
- Item 10
- POS system
- Squire
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Squire
Item 20 · call current owners
Franchisee Contacts
14 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?
ManCave for Men does not disclose average franchise owner earnings in their FDD Item 19. Not all franchisors are required to make financial performance representations. We recommend asking existing franchisees directly about their financial experience.
What is Item 19 in the ManCave for Men FDD?
The FDD section where a franchisor may disclose financial performance of its outlets. Disclosure is optional and formats vary; figures are typically gross sales, which is revenue before expenses, not profit. FranchiseVerdict extracts these figures directly from the ManCave for Men FDD and qualifies whose outlets they describe.
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 25 total units in the United States, including 18 franchised units and 7 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 verdict score of 78 out of 100 (higher is better), 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?
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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.