Breaking Down the Costs to Open a Mold Medics Franchise

Mold Medics, the mold treatment and home allergen specialist franchise, is gearing up for major growth after launching its franchise opportunity in early 2021. The brand has proven to be pandemic-resistant in the wake of COVID-19, and with more people spending even more time at home, the demand for home service has skyrocketed. Now, paired with the low-overhead initial investment, the Mold Medics team is leveraging its proven operational model to provide entrepreneurs with an exciting opportunity to satisfy the growing demand for mold treatment and environmental health in the communities they serve. 

So, just how much does it cost to open a Mold Medics franchise? The total investment necessary to begin operation of a Mold Medics franchise is $83,049 to $158,999. This includes $29,999 that must be paid to the franchisor.

For this low initial investment, Mold Medics offers franchisees a number of distinct lifestyle advantages, including the opportunity to set their own schedules and the freedom to make time for life outside of business ownership. The brand is not a 24/7, on-call service, but rather a brand that accommodates work-life balance, all while offering year-round business opportunities for franchisees. Instead of prioritizing high job turnover, this model ensures all Mold Medics customers are receiving quality service from ambitious technicians.

“You can be home for the soccer games, you can be home for the events with your family— you can curate this business model around the most important parts of life,” said CEO Tim Swackhammer. “Our brand is one that promotes a lot of those advantages — we want our franchisees to know they are taken care of, and they can use our business model to fit the needs of their lives.”

Best of all, Mold Medics owners can expect their investment to pay off quicker than other industries do, in large part because they do not need to worry about the cost of a traditional brick-and-mortar location. Instead, the overhead costs of a Mold Medics franchise go toward a small fleet of trucks, minimal inventory and limited staffing. 

When it comes to understanding the line-by-line breakdown of the Mold Medics franchise cost, franchisees can rely on direct, one-to-one coaching with the corporate team. 

"Understanding the FDD can be scary, but Tim was super supportive throughout the whole process and really helped me understand the value of the investment,” said Michael Chapman, a Pennsylvania-based Mold Medics owner and operator.

For example, Swackhammer says an important part of understanding the initial investment is looking at the funds that are put towards technology. “We have an in-house CRM system, which makes it very simple for franchisees to keep jobs organized, communicate with customers, set expectations, plan their schedules and augment a lot of the work with automation,” he said. “Whenever a job is scheduled for a client, it automatically provides all the info, whether it’s video instructions or written tutorials on what to expect. Our primary goal is to package the business in a way that’s easy for them to pick up and implement.”

Training is another key component of the Mold Medics investment, Swackhammer says. “We train in-house, working with our corporate team and taking prospects to jobs in the exact type of environments that they are going to see out in the field,” he said. “We want to train on a wide variety of services so the new franchisee understands the spectrum of what they are going to encounter.”

The initial investment costs also go towards ongoing support, Swackhammer says. “We have team members who will go out into the field and ask franchisees what kind of job issues they are running into, what questions they have,” he said. “Being able to pick up the phone and have us there as a 24/7 resource is a major benefit of the Mold Medics business and investment.”

Whether it be the in-depth training, the robust support or the comprehensive technology, the Mold Medics investment is designed to give entrepreneurs from all backgrounds the chance to find success with a brand that can offer curated opportunities, all without prior experience. 

“I’ve been a franchisee myself, so I know exactly what the struggles and opportunities are, and I used those insights to help make Mold Medics the best new opportunity in franchising,” Swackhammer said. “A franchise is only as strong as its franchisees, so we are laser-focused on providing them everything they need to be successful.”

Looking ahead, Mold Medics aims to capitalize on the booming home services category and satisfy the need for mold treatment in households across the country. The team says they hope to have 50 franchise units signed by the end of 2025.

For more information on franchising with Mold Medics, visit: https://www.moldmedics.com/franchising/.