RumbleFranchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
FranchiseVerdict summary · 2026
A Rumble franchise requires a total initial investment of $510K – $1.1M, including a $60K franchise fee and an ongoing 7.0% royalty[2]. Per the 2025 FDD, average unit revenue was $493K[2]. SBA 7(a) loans show a 5.3% charge-off rate across 38 loans[1]. Verdict grade: F. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2025 FDD issuance
Overview
- Investment
- $510K – $1.1M
- 84th pct Health & Fitn…
- Avg gross sales
- $493K
- 25th pct Health & Fitn…
- Royalty
- 7.0%
- 28th pct Health & Fitn…
- Units
- 85
- 79th pct Health & Fitn…
- SBA default
- 5.3%
- system-wide median varies by category
Quick verdict · Health & Fitness · color = vs category peers
Green = >15% above Health & Fitness 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
At 0.6x revenue per dollar invested, this system underperforms the typical 1.5-2.5x range.
The system grew 22% year-over-year. Fast growth means demand, but can strain support.
12 legal cases disclosed in the FDD. Read Item 3 before signing.
Bottom line
- Total investment $510K – $1.1M including a $60K franchise fee, 7.0% ongoing royalty.
- Average unit revenue of $493K/year (median $400K).
- Verdict F (Bottom Quintile) with a risk score of 91/100. SBA loan charge-off rate of 5.3% across 38 loans (near or below the 16% franchise average, based on all SBA 7(a) franchise lending, 2010–2024).
- 12 litigation matters disclosed in Item 3, higher than typical. Review the summary for patterns (franchisor-initiated vs. franchisee-initiated).
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- Rumble Franchise SPV, LLC
- Parent company
- XPOF Assetco, LLC
- Incorporated in
- DE
- HQ
- 17877 Von Karman Ave., Suite 100, Irvine, California 92614
- Auditor
- Deloitte & Touche LLP
- Audited financials
- Franchisor revenue
- $521K
- vs $204.6M prior year
Overview
About
Rumble franchisees operate entertainment/hospitality venues (specific format unclear from data provided) in protected territories, generating average gross sales of $492,590 annually while paying 7% royalties to franchisor regardless of profitability. Day-to-day operations involve venue management, customer service, staff oversight, and compliance with franchisor operational standards.
- CEO
- Mark King
- Headquarters
- CA
- FDD year
- 2025
- States available
- 24
FDD Item 7 · 2025 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $60K | $60K |
| Working capital (3–6 mo) | $39K | $75K |
| Equipment, build-out, other | $411K | $1.0M |
| Total initial investment | $510K | $1.1M |
Source: Rumble 2025 FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.
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
$143K
29.0% margin
Unlevered ROIC
16%
EBITDA / total invested capital
Payback
6.2 yrs
cash-on-cash, unlevered
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $510K – $1.1M
- Below avg, review vs category
- Liquid capital req'd
- $39K – $75K
- Below avg, review vs category
- Franchise fee
- $40K – $60K
- Below avg, review vs category
- Royalty
- 7.0%
- Gross Sales · typical 6–8%
- Ad fund
- 2.0%
- typical 3–5%
- Total fee load
- 9.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 7.0% of gross sales |
| Marketing / ad fund | 2.0% of gross sales |
| Technology fee | $600 |
| Transfer fee | $10K |
| Renewal fee | $10K |
| Total fee load | 9.0% of rev |
Financial Performance
- Avg gross sales
- $493K
- Per unit, per year
- Median gross sales
- $400K
- Item 19 type
- gross_sales
- Sample size
- 56 units
- vs category median 11 · large
- Range (low → high)
- $171K→$1.8M
- Cohort dispersion (min → max)
- Transparency
- 4 / 5
- vs category median 4 / 5 · typical
Compared against 180 Health & Fitness brands
Revenue is only 0.6x the investment. This means each unit may take 5+ years to recoup the initial outlay at typical margins.
vs Health & Fitness averages
How Rumble Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 85
- Opened
- 23
- Last reporting year
- Closed
- 7
- Turnover rate
- 8.2%
- Company-owned
- 1
- Corporate units in the system
- % franchised
- 99%
- vs corporate-owned
- Net growth (yr3)
- +21.7%
- Net unit change last year
- 3-yr CAGR
- +147.1%
- Compounded over last 3 years
3-year detail · Item 20
- Transfers (3yr)
- 4
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 24 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 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
- Total loans
- 38
- Loan volume
- $19.8M
- Median loan
- $580K
- 50th percentile
- Charge-off rate
- 5.3%
- rates vary by category · see methodology
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- 60.0%
- 5-yr charge-off
- 40.0%
- Loans approved 2021+
- Active lenders
- 9
- Defaults
- 2
Explore lender portfolios on Bank Reports or regional data on State Reports.
Premium insight
SBA Lending Report
Deep-dive into Rumble's SBA lending history: lender network, geographic footprint, interest rates, and more.
SBA Lending Report
- Principal loss rate and NAICS industry benchmark
- 9 lenders with concentration factor
- Per-state charge-off rates across 11 states
- Startup risk premium and job creation velocity
- 4-year lending trend
Instant access. No subscription.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Litigation-plagued franchisor with pre-sale disclosure violations, undisclosed profitability data, and high investment requirements creates substantial risk of franchisee financial loss and legal exposure.
Audited financials (Item 21)
Yes · Deloitte & Touche LLP
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Score breakdown · what drove the 91 / 100 rating
- 01HIGHMultiple active lawsuits involving pre-sale disclosure violations and fraudulent inducement indicate potential systemic compliance failures and franchisor credibility issues
- 02MINORNo Item 19 (Average Unit Volume) disclosure despite $492,590 average revenue claim raises transparency concerns and makes ROI validation impossible
- 03MEDHigh initial investment ($509K-$1.14M) with undisclosed net income creates unfavorable risk/reward profile and suggests profitability may be inadequate
- 04HIGHLitigation history focusing on breach of contract and pre-sale disclosure violations suggests franchisees may have received misleading financial projections or performance claims
- 05HIGH21.7% unit growth is moderate but insufficient to offset litigation risk and lack of financial transparency; growth rate may not be sustainable
- 06MED7% royalty on gross sales (not net) is aggressive given lack of disclosed net income data, potentially making unprofitable locations unworkable
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 | 10 years |
| Allowed renewalsℹ | 1 |
| Territory type | Radius/Population |
| Protected territory | Yes |
| Online sales rights | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 2 years |
| Right of first refusalℹ | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | Yes |
| Jury trial waiver | Yes |
| Governing law | California |
| Litigation count | 12 |
Items 10, 11
Training & Operations
- Classroom training
- 56 hrs
- On-the-job training
- 32 hrs
- POS system
- ClubReady
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: ClubReady
Item 20 · call current owners
Franchisee Contacts
79 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
Rumble · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Rumble franchise?
The total investment to open a Rumble franchise ranges from $510K – $1.1M, with an initial franchise fee of $60K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Rumble franchise owners earn?
According to Item 19 of the Rumble FDD, the average gross sales per unit is $493K. The median is $400K. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
What is Rumble's franchise failure rate?
Based on SBA 7(a) loan data, Rumble has a charge-off rate of 5.3% across 38 loans, meaning 5.3% of franchise loans were charged off. Charge-off rates are one proxy for franchise risk, though they do not capture all closures. This data comes from FOIA-sourced SBA lending records.
How many Rumble franchise locations are there?
As of their most recent FDD filing, Rumble has 85 total units in the United States, including 34 franchised units and 1 company-owned units. 23 new units were opened in the latest reporting year.
Is Rumble a good franchise to buy?
FranchiseVerdict rates Rumble as a F-grade franchise with a risk score of 91 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.
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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.