About MOLDMAN Franchise
Moldman is a mold and water damage remediation franchise offering mold inspections, mold testing, mold remediation, water damage restoration, and biohazard cleanup services.
Each location may also provide related minor repair services such as drywall repair, painting, and caulking, delivering a comprehensive solution for property owners dealing with mold and moisture related issues.
The franchise fee is $0, making it one of the most accessible entry points in the remediation industry.
MOLDMAN Franchise Cost & Fees
Minimum Investment
$10K
Average Investment
$36K
Maximum Investment
$61K
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $0 | One-time payment upon signing |
| Royalty Fee | 10% of Customer Payments of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | Up to 3% of franchisee gross sales | National brand fund |
| Total Investment Range | $9,861 – $61,246 | Includes build-out, inventory, working capital |
The investment range of $10K–$61K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (10% of Customer Payments) and marketing fee (Up to 3% of franchisee gross sales) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Franchise Fee | $0 | $0 |
| Moldman Technology Package Fees | $1,796 | $1,796 |
| Moldman Starter Kit | $2,430 | $7,950 |
| Additional Small Remediation Tools | $100 | $500 |
| Vehicle | $0 | $7,500 |
| Service Technician | $0 | $9,000 |
| Business Cell Phone | $0 | $300 |
| High Speed Internet | $0 | $300 |
| Computer System | $0 | $1,500 |
| Rent | $0 | $6,000 |
| Insurance | $4,735 | $13,400 |
| Certifications, Licenses and Permits | $500 | $1,000 |
| Additional Funds – 3 months | $300 | $12,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | $1,000 |
| Renewal Fee | $1,000 |
| Technology Fee | $115/week plus $300/year |
| Audit Fee | Cost of audit plus 25% of the total amount of understated Customer Payments. |
| Non-Sufficient Funds (NSF) Fee | $100 |
| Interest | 18% per annum or the maximum permitted by law, whichever is less. |
| Failure to Maintain Insurance | Our actual cost plus $1,000 processing fee |
| Certification Fee | Cost of mold inspection, mold remediation, and additional certifications that we require, which may change from time to time. |
| Improper Marketing or Service Fee | Up to the greater of $500 per incident or the invoice amount of the Job improperly obtained |
| Late Report Fee | $25 per week that a report is late |
| Late Payment Fee | $100 |
| Indemnification | Will vary under circumstances. |
| Attorneys’ Fees | Actual attorneys’ fees and costs incurred. |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | Prep Program (2 months) followed by Biz & Tech Ops Training (1-2 weeks, completed within 4 months of signing agreement). Total time to open is 60-120 days. |
| Classroom Training | 42 |
| On-the-Job Training | 0 |
| Training Location | Your Home |
| Additional Training | Franchisees and Service Technicians may be required to attend periodic refresher training courses and conferences, which may be online and for which fees may be charged. Franchisees are responsible for all travel and living expenses. |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | Protected |
| Exclusive Territory | No |
| Territory Size | 300,000 in population for larger cities and 50,000 in population for smaller cities/towns. |
| Description | The Franchise Agreement grants the right to operate from a single location servicing a specified "Prospect Pool" determined by geographic and population parameters. The franchisor limits the number of franchises in an area to ensure a large enough Prospect Pool for each franchisee. While the Prospect Pool is protected from other MOLDMAN franchisees and company-owned units, the territory is not exclusive, and the franchisor retains rights to compete through other channels. Franchisees must meet minimum monthly Customer Payments to maintain their Prospect Pool. |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Initial Term | 5 years |
| Renewal Term | additional 5-year term |
| Renewal Fee | $1,000 |
| Renewal Conditions | To renew, franchisee must not be in default, not have made certain repeated defaults, provide notice of intent to renew, sign the then-current Franchise Agreement (which may have different terms), and sign a mutual release. Franchisee may also be required to upgrade and remodel the franchise to conform to current Operations Manual standards. |
| Transfer Fee | $1,000 |
| Transfer Conditions | Transfer requires franchisor's prior written approval. Conditions include: full compliance with agreements, transferee meeting current standards (experience, aptitude, financial resources), transferee not operating a competing business, release of information to transferee, transferee signing current Franchise Agreement, payment of transfer fee, transferee completing training, signing a general release, franchisor approval of purchase agreement terms, franchise upgrades, financing subordination, 67% ownership control for entities, business being open, compliance with post-termination obligations, obtaining licenses/permits, lessor consent, and compliance with all laws. |
| Termination for Cause | Automatic termination for insolvency, bankruptcy proceedings not dismissed within 60 days, or unauthorized transfer. Immediate termination with notice for failure to complete training, failure to open on time, material misrepresentation, repeated defaults, felony conviction, royalty understatement, fraud, confidentiality violation, abandonment, insurance failure, training failure, other agreement termination, multiple defaults, material breach of other agreements, misuse of Marks/Confidential Information, safety/sanitation law violation, in-term restrictive covenant violation, unreleased liens, unapproved supplier purchases, software misuse, anti-terrorism non-compliance, personal use of franchise assets, or insufficient bank funds. Termination with 30-day cure period for failure to make payments, failure to employ/train full-time service technician, non-compliance with laws, non-compliance with agreement/manual, failure to comply with system modifications, not having a vehicle meeting standards, using unapproved products, failure to provide reports, failure to service customers, advertising violations, failure to endorse payments, failure to maintain operating hours, failure to supervise, failure to maintain quality controls, adverse conduct, or failure to obtain licenses/permits, or failure to meet minimum customer payments. |
| Non-Compete Period | 24 months |
| Non-Compete Details | For 24 months after expiration or termination, franchisee (and owners/managers) may not (a) engage in any Competing Services, (b) attempt to divert business/customers, or (c) engage in acts injurious to goodwill or business relationships with customers/former customers within: (i) the Prospect Pool, (ii) Prospect Pools of any MOLDMAN franchisees, or (iii) a 100-mile radius from the geographic location of the Prospect Pool. |
Operations & Supply (Items 8 & 15)
| Detail | Information |
|---|---|
| Owner-Operator Required | Yes |
| Participation Details | The franchisee, or one of its owners (if an entity), must faithfully, honestly, and diligently perform obligations. If an entity, a natural person owning or controlling at least 1/3 share must be the "Managing Owner" and provide direct, on-site supervision for the initial five-year term. After five years, a non-owner Designated General Manager may be appointed, but a Managing Owner must still supervise. The Managing Owner must serve as the Designated General Manager during the initial term and devote full-time efforts to the franchise after Year 1, with part-time work allowed in Year 1 (up to 20 hours/week, non-competing). Non-competing part-time work is allowed on weekday nights (after 5pm) and weekends after Year 1. |
| Required Suppliers | Franchisee must purchase cleaning agents/chemicals and remediation equipment/supplies from franchisor-approved suppliers. Technology Package items are provided by a third party and alternative suppliers are not allowed without prior written approval. Other supplies can be purchased from any source. |
| Supply Restrictions | Franchisee must purchase cleaning agents/chemicals and remediation equipment/supplies from franchisor-approved suppliers. All vehicles must be maintained in "good" condition as defined by KELLEY BLUE BOOK and cannot have external advertising. Computer systems must meet System Standards and run required software. Accounting software can be chosen by franchisee but must use franchisor's Chart of Accounts. Bookkeeping, accounting records, and bank accounts for the franchise must be separate from other businesses. |
| Franchisor Revenue from Suppliers | $0 |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | Yes |
| Description | We may provide certain information and assist in facilitating SBA loans including 7(a) and 504 loans. We may also suggest third party sources for lending. We do not offer financing at this time but may in the future. We will not guarantee any notes, leases or obligations. We and our affiliates have no past practice or future intent of selling, assigning or discounting franchisees’ financing arrangements to a third party, although we reserve the right to do so in the future. We and our affiliates do not receive any direct or indirect payments or any other consideration from any person for the placement of financing with the lender; however, we reserve the right to do so in the future. |
MOLDMAN Franchise Earnings — Item 19
Average Revenue
$373K
Sample Size
1 units
Past financial performance does not guarantee future results. Individual results will vary.
MOLDMAN Litigation & Risk Flags
Clean Litigation RecordMOLDMAN has no pending litigation actions listed in their FDD. There is also no bankruptcy history disclosed.
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
MOLDMAN System Growth
Total Units
3
Franchised
1
Company-Owned
2
MOLDMAN currently operates 1 franchised locations and 2 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2019 | 0 | 0 | 3 |
| 2020 | 0 | 0 | 3 |
| 2021 | 1 | 1 | 3 |
Transfers: 1 | Closures: 0
State Registrations
Registered in 1 states: IL
Franchisor Financials (Item 21)
Total Assets
$47K
Audited by Citrin Cooperman & Company, LLP for year ending December 31.
MOLDMAN Franchise — FAQ
The total investment to open a MOLDMAN franchise ranges from $9,861 to $61,246, per their Franchise Disclosure Document. This includes the initial franchise fee of $0. The investment covers build-out, inventory, equipment, signage, working capital, and other startup costs.
MOLDMAN charges a royalty fee of 10% of Customer Payments of gross sales, plus a Up to 3% of franchisee gross sales contribution to the marketing/advertising fund. These fees are paid on an ongoing basis.
You can download the MOLDMAN Franchise Disclosure Document free on this page. The FDD is a public document filed with state franchise registries. Always also request the current FDD directly from MOLDMAN to ensure you have the most up-to-date version.
According to the Item 19 financial performance representation in their FDD, MOLDMAN franchise owners report average revenue of $373K. This is based on a sample of 1 units. Past performance does not guarantee future results.
MOLDMAN has been franchising since 2021. The FDD shows an investment range of $9,861-$61,246, a 10% of Customer Payments royalty, and includes an Item 19 earnings disclosure. There is no pending litigation. Review the full FDD and contact current franchisees listed in Item 20 before making any investment decision.
The franchise fee is $0 and the total investment ranges from $9,861 to $61,246 depending on location size and market. Contact the franchisor directly for current net worth and liquid capital requirements, territory availability, and application details.
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Data Source & Disclaimer: This website is for informational purposes only. It is not an offer to sell or buy a franchise. This profile is based on publicly available FDD data sourced from state franchise registry filings. All information is for research purposes only and does not constitute legal, financial, or investment advice. Data may be outdated or contain errors. Always obtain the current FDD directly from MOLDMAN and consult a qualified franchise attorney before making any investment decision. FranchiseOverview.com is operated by Franchising Compliance, LLC and is not affiliated with MOLDMAN or any of its subsidiaries. To report an inaccuracy: info@franchiseoverview.com