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Mold Medics
Provides services and solutions for air quality and environmental issues, including mold testing and remediation, duct and vent cleaning, water damage dry-outs, restoration (drywall repair, painting, drainage), dust control, encapsulation, demolition, ozone and odor treatments, radon testing and mitigation, and attic insulation and sealing, delivered at customer locations from a designated office that may be home-based.
Your franchise match score
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Maintenance & Cleaning Services
Brand super powers
Consumer Focused vs. Insurance
Low Overhead Model
Recession-Resilient Industry
Brand highlights
- CEOTheodore DeMarino
- Headquarters17700 Saint Clair Avenue, Cleveland, OH, 44110
- Year founded2018
- Year started franchising2020
- IndustryMaintenance & Cleaning Services
- Locations open4 (+1 last three years)
Statistics & metrics
- Investment range$148,350 - $267,000
- Franchise fee$50,000
- RoyaltyGreater of 7% of Gross Sales (“Gross Sales Royalty”) and the applicable Minimum Royalty per month. Minimum Royalty is $500 per month for first 12 months after opening, $1,000 per month for months 13-24 and $1,500 per month for the remainder of the term of the Franchise Agreement.
- Brand fund2% of Gross Sales.
- Required Liquid Capital$60,000
- Required Net Worth$250,000
Learn more about the Maintenance & Cleaning Services industry:
Commercial and residential cleaning services are essential for maintaining healthy environments. This industry is known for its recurring revenue models and relatively low barriers to entry.
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FDD insights
The information shown below is derived from publicly available franchise disclosure documents (FDDs), including the version issued as of the issuance date listed below, and other third-party sources. This information may not reflect the most current FDD. It is provided for general informational purposes only and is not part of any franchise offering or sales process. Franchise Sidekick is not providing or furnishing an FDD in accordance with FTC requirements. You should obtain and review the most current official FDD directly from the franchisor before making any investment decision.
FDD Version Referenced - Issuance Date: 2024-05-01
| Category | Detail | View |
|---|---|---|
| The Franchisor & Executives | Learn about Mold Medics, its parent company, and the executive leadership team responsible for operating and supporting the franchise system. | |
| Business Experience | Review the professional backgrounds and relevant business experience of Mold Medics's executives, directors, and key management personnel. | |
| Litigation | Understand any past or pending legal actions involving Mold Medics, its affiliates, or key personnel that may be relevant to prospective franchisees. | |
| Estimated Initial Investment | Review the estimated total initial investment required to open a Mold Medics franchise, including startup costs and working capital estimates. | |
| Financial Performance Representations | Review any financial performance information Mold Medics provides, including revenue or earnings data, if disclosed. |
Location data
| Total locations | 4 |
| Franchise locations | 1 |
| Corporate locations | 3 |
System growth over time
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