Rumble FDD – Franchise Information, Costs and Fees
Type of Business
The franchisor offers and awards franchises for the right to establish and operate a fitness studio that provides boxing fitness instruction via classes, memberships and other authorized events utilizing the proprietary marks we designate, including our current primary mark RUMBLE®, a designated package of punching bags, benches and other exercise equipment, which their franchise offering expects and assume will be leased for use in connection with Studio operations, and other proprietary components and information comprising the system of business operations the franchisor has developed for a Studio. As of the Issue Date, the franchisor offers franchises for the right to operate a Franchised Business from either a larger footprint of between 3,500 and 4,500 square feet in size (the “Signature Footprint”), and a footprint that is around 2,000 square feet in size (the “Boutique Footprint”). The franchisor also offers qualified parties the right to develop multiple franchised Studios within a given geographical area (a “Development Area”) in accordance with a defined development schedule.
Corporate Information
Rumble Franchise, LLC is a Delaware limited liability company formed in March 2021. Their principal business address is 17877 Von Karman Avenue, Suite 100, Irvine, CA 92614. They began offering franchises to third parties for the right to operate RUMBLE Studios as March 29, 2021.
Investment
The estimated initial investment necessary to begin operations of a Studio is between $3,258,833 and $4,028,333 for a franchised Studio with a Signature Footprint; and $397,700 to $549,600 for a franchised Studio with a Boutique Footprint. These ranges include amount includes approximately $343,200 to $380,600 that must be paid to the franchisor or its affiliate prior in connection with a franchised Studio with a Signature Footprint, and $155,200 to $181,600 for a franchised Studio with a Boutique Footprint.
The estimated initial investment necessary to develop three or more Studios under a form of area development agreement depends on the number of franchises we grant you the right to open. By way of example, the estimated initial investment associated with acquiring the right to develop three Studios pursuant to an area development agreement if your initial franchised Studio has a Signature Footprint ranges from $3,333,833 to $4,103,333, or a Boutique Footprint ranges from $472,700 to $624,600, with each range including a development fee amounting to $135,000 payable to the franchisor upon signing; and the initial investment to begin operations of the initial Studio you are required to develop within your awarded development area.
