FranchiseVerdict
ManCave for Men logo
FV-01564·MODERATEExcellent81

ManCave for Men

Personal Services - Beauty & SalonFranchising since 2018Website
Investment
$230K – $338K
48th pct Beauty & Salon
Avg revenue
70th pct Beauty & Salon
Royalty
5.0%
7th pct Beauty & Salon
Units
28
40th pct Beauty & Salon
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $230K – $338K including a $45K franchise fee, 5.0% ongoing royalty.
  • No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
  • Rated MODERATE with a risk score of 62/100. SBA loan default rate of 0.0% across 4 loans (below the industry average).
  • 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
Incorporated in
Florida
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

Yale framework · single-unit ROIC

Returns Analysis

Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.

The model · Yale framework

What would one ManCave for Men unit return on the cash you put in?

Revenue · per unit, per year
$
Item 19 not disclosed — typing your own estimate
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: personal services
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $230K–$338K
Working capital
$
FDD reports $15K–$20K

Unlevered ROIC · per unit

60%

In Yale's "attractive" band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$180K
EBITDA margin
24.0%
Total invested
$301K
Payback
20 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

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
Founded
2016
FDD year
2025
States available
3

Item 7 · what it costs

The Vitals

Total investment
$230K – $338K
All-in to open one unit
Liquid capital
$15K – $20K
Cash you must have on hand
Franchise fee
$45K
Royalty
5.0%
Gross Revenue · typical 6–8%
Ad fund
1.0%
typical 3–5%
Total fee load
6.0%
vs 9–13% typical

Item 19

Financial Performance

This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.

Item 20 · unit dynamics

The Growth Chart

Total units
28
Opened
18
Last reporting year
Closed
0
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
2023
28+18
Franchised units
2024
10
Franchised units
2025
9
Franchised units

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).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 17 states
Not registered

States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.

Government records

SBA Loan Data

Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.

Total loans
4
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

62
Risk · 0-100
MODERATE62 / 100

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.

Score breakdown · what drove the 62 / 100 rating

  1. 01MEDNo Item 19 financial disclosure (average revenue and net income not disclosed) — impossible to assess actual profitability or ROI on $229.5k-$338k investment
  2. 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
  3. 03HIGHGoing Concern = False in franchise documents — indicates franchisor may have disclosed financial instability, debt covenant issues, or operational challenges to regulators
  4. 04MED5% royalty on undisclosed revenue means franchisees could be paying ongoing fees with no transparent benchmark for profitability
  5. 05MINORAll-male demographic niche limits addressable market and scalability; vulnerable to market saturation in local territories
  6. 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

Territory
Radius/Population
Protected territory
Yes
Initial term
10 years
Renewal term
5 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
0
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
Yes
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Required
Governing law
Florida

Item 11

Training & Operations

Classroom training
24 hrs
On-the-job training
16 hrs
POS system
Squire
Operating tech stack

Item 20

Franchisee Contacts

Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.

Franchisee contacts

19 numbers

Locked
(360) 902-••••
WA
(410) 576-••••
MD
(804) 371-••••
VA

One-time purchase · CSV download · Validation questions included

FDD download

ManCave for Men · FDD (2025) PDF

Single-page checkout · instant download · CSV export of contacts available separately above