Rumble FDD – Franchise Information, Costs and Fees
Type of Business
The franchise is the right to develop, own and operate, as part of the Rumble® system, a fitness studio that provides a boxing-inspired, high-energy workout experience with the strategic fusion of boxing, HIIT, and strength training.
Corporate Information
Rumble Franchise SPV, LLC is a Delaware limited liability company formed on March 6, 2023. Their principal business address is 17877 Von Karman Avenue, Suite 100, Irvine, CA 92614. Their immediate predecessor and affiliate, Rumble Franchise, LLC offered Rumble franchises from March 2021 through March 2023. They began selling franchises for Studios as of April 4, 2023. The Franchise Agreements, Multi-Unit Agreements, and certain other agreements related to Studios that were signed by Predecessor were assigned to us as of December 31, 2023.
Investment
The total investment necessary to begin operation of a Rumble studio is $509,640 to $1,141,016, which includes $204,750 to $320,950 that must be paid to franchisor or its affiliates. You and the franchisor may also enter into a multi-unit agreement under which you would agree to acquire an agreed upon number of franchises and open an agreed upon number of studios within a designated development area and pursuant to an agreed upon opening schedule. Under the multi-unit agreement, you must commit to developing at least 3 outlets. The total investment necessary to enter into a multi-unit agreement for the right to develop three Studios ranges from $529,640 to $1,211,016, which includes (i) the total initial investment to begin operation of your initial Rumble Studio, which includes $204,750 to $320,950 that must be paid to franchisor or its affiliates; and (ii) a development fee of $20,000 and a potential sourcing fee of $50,000, which must be paid to franchisor or its affiliates.
