A theory is a set of sentences in some language. Usually, theories relate to models. For example, Euclidian geometry has a model consisting of an infinite set of dots. A subset of the Euclidian theory may have different models satisfying it (e.g. a finite set of points, etc). Most of mathematical theories we learn about in school have models like that. Sentences in a theory could be seen as "compressing" information on how parts of these models behave, e.g. Euler's formula V-E+F=2 dictates that if something is a convex polyhedron, the number of vertices and faces together is exactly two more than the number of edges.
In practice, on the very basic level, first one works with the model and observes certain laws. Then, notation is introduced to describe general statements on the model and theorems are deduced. Finally one may want to find what axioms fully derive the model that we initially started from.
Does it ever happen that theories are useful on their own - without caring about what they model? One could imagine an edge case, where operating on certain abstract rules is used to derive a sentence in some theory, without caring what their model is and at the end this somehow turns out to be useful. If the answer is affirmative, any examples would also be helpful. (This question is not about whether a model exist and can be constructed, I'm assuming that if the theory is consistent, that implies some kind of model can be constructed)
Note: Fine comments below corrected some incorrect assumptions I made when asking the this question. If a theory is consistent, a model can be constructed - true but highly non-trivial. If a theory is complete, it does not mean there's just one model, it can have multiple non-isomorphic models.