Mold Medics, the emerging indoor environmental health concept, is gearing up for expansion after seeing an increase in revenue in the first quarter of 2023.
Tim Swackhammer, CEO at Mold Medics, says the mitigation and indoor air quality franchise finished Q1 on a high note and saw notable revenue increases compared to the same time last year. Swackhammer also says the brand saw an increase in business dealings during traditionally slower months as a result of some uniquely low temperatures that created more opportunities.
Looking forward, Swackhammer says Mold Medics is focused on expanding into markets like Ohio and Central and Eastern Pennsylvania, and more specifically in territories like Harrisburg and Philadelphia.
The brand is also offering opportunities for both single and multi-unit franchise operators, and according to Swackhammer, aims to appeal to individuals who are looking to get into business for themselves. There’s no blueprint for an ideal Mold Medics franchisee, whether it’s someone who may have worked in the trade space and wants the chance to be their own boss or someone who’s interested in working in a new field that allows them to grow and expand.
“That’s one of the great things about our offering,” said Swackhammer. “Unlike a lot of the more established franchise brands out there, we have a lot of green space, and we have a lot of complete markets that are available for somebody to come in and begin growing,” he added.
Mold Medics offers a variety of indoor air quality and environmental services and tackles mold issues, allergens and air duct cleaning. But, the brand has also cornered the market for Radon, as it’s the only franchise that offers in-demand Radon remediation services, setting Mold Medics apart from its competitors.
“There’s nobody else in the industry that’s also offering Radon mitigation and testing services, which is really something quite unique,” he said. “We’re really passionate about drawing attention to and providing solutions for it.”
Radon is an odorless, tasteless, invisible gas that can be incredibly dangerous. Radon testing is especially important due to its characteristics, as the only way a homeowner can detect Radon is by being aware of the necessity of a test.
The start-up costs for starting a Mold Medics are $83,049–$158,999, with an initial franchise fee of $29,999. For more information on franchising with Mold Medics, visit https://www.moldmedics.com/franchising.