1851

<a href="https://www.moldmedics.com/franchising/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=mold-medics-new-fdd-boasts-double-digit-growth-and-sets-expectations-for-nationwide-expansion-2719169" target="_blank" rel="nofollow">Mold Medics</a>, the growing mold remediation and air duct cleaning franchise out of Pittsburgh, Pennsylvania, is scaling the business and aiming to onboard 50 franchisees by 2025. One of the ways that&nbsp;<a href="https://1851franchise.com/new-franchise-mold-medics-is-leveraging-family-franchise-history-with-new-franchise-opportunity-2717193">Mold Medics</a> executives are streamlining the prospect process is by making sure the opportunities available to owners are explained well in the&nbsp;<a href="https://1851franchise.com/what-is-an-fdd-2705192">Franchise Disclosure Document&nbsp;</a>(FDD).&nbsp;&nbsp;The company recently released their 2022 FDD, which offers in-depth insight into what franchise owners can expect and what they stand to gain from investing in Mold Medics.&nbsp;<a href="https://www.linkedin.com/in/tim-swackhammer-15869861?utm_source=1851franchise.com&utm_medium=article&utm_campaign=mold-medics-new-fdd-boasts-double-digit-growth-and-sets-expectations-for-nationwide-expansion-2719169" target="_blank" rel="nofollow">Tim Swackhammer,</a> CEO of Mold Medics, said the company made substantive additions to the FDD and were diligent and detailed when outlining the information therein.“We want to provide more information to give prospective franchisees a better idea of a franchise unit’s possible sales figures. We also want to clearly outline some of the direct costs and what the different service types really break down to in terms of revenue,” said Swackhammer.&nbsp;A large portion of the changes were made to the FDD’s Item 19, which Swackhammer said was “pretty minimal” before but now discloses heaps of information about corporate territories, average revenues, the cost of goods, payroll costs and more. He calls it a “complete review” for transparency’s sake.Between the three corporate-owned territories, the Item 19 shows an average growth sales increase of 25.2% from 2019 to 2021. It further breaks the figures down by job type to show the company has grown significantly in revenue in both specialties. Their gross sales for mold remediation in 2021 was $811,614, while it was $558,375 two years prior; duct cleaning in 2021 brought in $113,082 versus $35,640 in 2019.&nbsp;The message there is opportunity, said Swackhammer. “The per unit numbers and figures that we're able to provide are huge. I think being able to give the level of detail we are in terms of costs is going to give franchisees a great insight into the possibilities of what can come from signing up for Mold Medics.”Other adjustments were made to the FDD’s Item 7, which lays out the estimated initial investment. Here, Mold Medics has included a detailed chart listing out the types of expenditures, amount and payment schedule. The total for signing an agreement for a single location is $83,049–$158,999, which includes costs like a $29,999 franchise fee, up to $10,500 for vehicle expenses, $15,000–$20,000 in supplies, $12,000–$20,000 in initial marketing and more.&nbsp;“The cost of doing business, for everybody, has changed pretty dramatically. So we wanted to make sure that our costs are updated there,” said Swackhammer.&nbsp;The company is eager to welcome new franchisees to become a part of the brand and get in on the ground level, while there are many territories available to choose from.&nbsp;“We're actively looking for franchisees that are a good fit for the system,” said Swackhammer. “We are a young franchise, so we want to make sure that the people that we're bringing into our organization are a good fit from a personality perspective. And we want to make sure that they're really in alignment with the goals we have and are able to help bring Mold Medics to a lot more people.”For more information on franchising with Mold Medics, visit&nbsp;<a href="http://www.moldmedics.com/franchising/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=mold-medics-new-fdd-boasts-double-digit-growth-and-sets-expectations-for-nationwide-expansion-2719169#12345" target="_blank" rel="nofollow">www.moldmedics.com/franchising/#12345</a>.

Mold Medics New FDD Boasts Double Digit Growth and Sets Expectations for Nationwide Expansion

1851 Franchise

The remediation and duct cleaning company makes enhancements to its FDD as it grows into a multi-unit franchise.  

This brand page has been paid for by 1851. Content within this page that is paid will showcase a Sponsored icon. This means the brand has engaged 1851 FRANCHISE to write the content. Content without the Sponsored Icon is aggregated media placements the brand earned. Questions can be sent to editorial@1851franchise.com

mold-medics-new-fdd-boasts-double-digit-growth-and-sets-expectations-for-nationwide-expansion

Senior Care Authority

How This Senior Care Authority Franchisee Turned Love for His Grandparents Into a Lifelong Calling

how-this-senior-care-authority-franchisee-turned-love-for-his-grandparents-into-a-lifelong-calling

HomeTeam Inspection Service

Hometown News: Like Father, Like Son — Family-Run Inspection Business Blends Generations of Expertise and a Keen Eye for Detail

father-son-home-inspection-franchise-florida

KLA Schools

KLA Schools of Beachwalk Hosts Admissions Kick-Off Celebration

kla-schools-of-beachwalk-hosts-admissions-kick-off-celebration

Good Day Columbus: Home Insurance Expert Reveals Why Central Ohio Premiums Are Rising and How to Combat Costs

rising-home-insurance-costs-ohio

CapitalSpring

Primetime Fitness Expands Crunch Portfolio With CapitalSpring’s Backing

primetime-fitness-expands-crunch-portfolio-with-capitalsprings-backing

Buying a Franchise Masterclass

 Franchise Opportunities

Get Support Buying a Franchise

How to Buy a Franchise White Paper

How to Buy a Franchise

How to Sell Franchises

How to Grow a Franchise

Find a Franchise Supplier

1851 Franchise Opportunities

Franchisor News

Franchisor Power Rankings

FranCamp Mastermind Summit

Franchise Development Website Builder

Franchise Resources

What ALEC-Laffer's Report Means for Franchising

Website Awards

Power Rankings

About 1851

Advertise on 1851

Contact 1851 Editorial

Terms of Use

1851 Login

GROWTH CLUB LOGIN

facebook

instagram

twitter

linkedin

youtube

Potbelly to be Acquired by RaceTrac in $566 Million Deal 

racetrac-acquires-potbelly-in-566-million-deal

Health Care Hiring Slowdown Highlights In-Home Care Franchise Opportunities - 1851 Franchise Agg

Health Care Hiring Slowdown Highlights In-Home Care Franchise Opportunities 

health-care-hiring-slowdown-in-home-care-franchise-opportunities

Caribou Coffee Names Scott Kennedy CEO, Eyes Continued Growth

caribou-coffee-names-scott-kennedy-ceo-eyes-continued-growth

McDonald’s Launches New Extra Value Meals as Consumer Demand for Value Continues to Climb

mcdonalds-launches-extra-value-meals

Power Eats: Smoothie King Rolls Out Food Nationwide To Fuel Franchise Growth

smoothie-king-food-menu-power-eats

1851 Franchise Deep Dive graphic with Sparkle Squad logo

Sparkle Squad Franchise Costs, Fees, Profit and Data for 2025

franchise-deep-dive-sparkle-squad-franchise-costs-fees-profit-and-data

Jollibee -Launch-Story-Brand-Page-Deep-Dive-2025

Jollibee Franchise Costs, Fees, Profit and Data for 2025

jollibee-franchise-costs-fees-profit-and-data-for-2025

LearningRx Franchise - 1851 Franchise Deep Dive

LearningRx Franchise Costs, Fees, Profit and Data for 2025

learningrx-franchise-deep-dive

Design with image of employee holding card reader and customer paying

How Smart Retail Franchises Are Winning Against Online Competition

retail-franchise-opportunities

1851 Keyword - The Secret To Succeeding With a Part-Time Franchise Is Picking the Right Model

The Secret To Succeeding With a Part-Time Franchise Is Picking the Right Model

part-time-franchises-picking-the-right-model

Hely and Hiral Patel Bring Their Longtime Dream to Life With The Brass Tap

brass-tap-franchise-pasadena-maryland-hely-hiral-patel

DevHub - Meet the Supplier - 1851 Franchise

DevHub: Scalable Digital Marketing for Franchises and Multi-Location Brands

devhub-meet-the-supplier

Franchisee spotlight graphic with photo of Ricki Oberoi and Layne's Chicken Fingers logo

Multi-Unit Wendy’s Operator Signs 12-Unit Deal With Layne’s Chicken Fingers

ricki-oberoi-laynes-chicken-fingers-growth

Design with school-aged child standing on pencil with text "Education Franchises" and "<$500K"

Top Education Franchises Under $500K To Explore in 2025

top-education-franchises-under-500k

Mold Medics New FDD Boasts Double Digit Growth and Sets Expectations for Nationwide Expansion

MORE STORIES LIKE THIS