MOLDMAN is a mold remediation franchise providing fast, effective, and eco-friendly solutions for mold removal and prevention.
KEY FRANCHISE STATS
Franchisees
?
6
+
500%
500%
Franchise fee
?
$0
Investment
?
$9,000 - $37,000
Revenue (AUV)
?
Undisclosed
$0
+
n.a.
n.a.
Upgrade
Moldman is a U.S.-based mold remediation and water damage restoration franchise founded in 2006 in Chicago, Illinois. The business was created after its founder had a negative experience with mold removal and sought to offer a more honest, customer-friendly alternative.
Moldman is headquartered in Chicago and began franchising in 2022. It has since grown with locations in cities such as Atlanta, Boca Raton, Indianapolis, Nashville, and Tulsa.
Moldman provides mold inspection, testing, and removal services for both residential and commercial clients. Its services include mold remediation for attics, basements, bathrooms, carpets, ceilings, crawl spaces, walls, and wood surfaces.
The company also handles biohazard cleanup and water damage restoration. Moldman stands out by delivering transparent service, clear communication, and practical solutions.
Initial investment
The initial investment required for a MOLDMAN franchise is $9,000 - $37,000. That is the total cost you would need to finance if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.
Type of Expenditure
Amount
Initial Franchise Fee
$0 – $0
Technology Package Fees
$863 – $863
Moldman Starter Kit
$2,070 – $7,090
Vehicle
$0 – $2,000
Service Technician
$0 – $9,000
Business Cell Phone
$0 – $300
High Speed Internet
$0 – $300
Computer System
$0 – $1,500
Rent
$0 – $1,500
Insurance
$3,500 – $6,000
Certifications, Licenses and Permits
$500 – $1,000
Online Marketing Starter Package
$558 – $558
Opening Online Marketing Spend MATCH Program
$500 – $1,500
Additional Funds – 3 months
$1,100 – $5,000
TOTAL
$9,091 – $36,611
Create a free account to access this table and more. For more information see our plans here.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Type of Expenditure
Amount
Initial Franchise Fee
$0 – $0
Technology Package Fees
$863 – $863
Moldman Starter Kit
$2,070 – $7,090
Vehicle
$0 – $2,000
Service Technician
$0 – $9,000
Business Cell Phone
$0 – $300
High Speed Internet
$0 – $300
Computer System
$0 – $1,500
Rent
$0 – $1,500
Insurance
$3,500 – $6,000
Certifications, Licenses and Permits
$500 – $1,000
Online Marketing Starter Package
$558 – $558
Opening Online Marketing Spend MATCH Program
$500 – $1,500
Additional Funds – 3 months
$1,100 – $5,000
TOTAL
$9,091 – $36,611
Franchise Disclosure Document
Below is MOLDMAN's 2024 Franchise Disclosure Document. Upgrade to Pro or purchase the FDD to view and download the document.
Number of units
MOLDMAN had 7 total units in 2024, of which 6 were franchised-owned and 1 company-owned.
MoldMan provides a focused and essential training program to equip franchisees with the knowledge needed to run their operations effectively. The training program includes a blend of business and technical instruction. Below are the key components:
Biz & Tech Ops Training: This is the primary training program that franchisees must complete before starting their operations. It includes instruction on the business operations and technical procedures required to perform mold and water damage remediation services. Attendance at this training is mandatory and must be completed before launching the franchise.
Insurance Compliance Before Training: Prior to attending the Biz & Tech Ops Training, franchisees must obtain and provide proof of specified insurance coverage. This includes commercial general liability, pollution liability, automobile liability, and workers compensation. The franchisor uses this requirement to ensure franchisees are legally and financially protected from operational risks.
Territory Protection
MoldMan offers its franchisees territory protection through the assignment of an exclusive “Prospect Pool.” This designated area defines where a franchisee can market and operate, and the franchisor agrees not to establish or allow other franchises to operate within this space. The Prospect Pool is structured to prevent internal competition and support the growth of each franchisee’s business within clearly defined geographic limits.
However, this exclusivity comes with qualifications. During the initial Transitional Period, which can last up to 90 days or longer depending on third-party administrator agreements, the franchisor may assign service calls within your territory to other franchisees or company-owned units based on experience levels. This ensures quality service delivery but may temporarily limit the franchisee's operational control within their assigned area.
Additionally, while you maintain rights within your Prospect Pool, MoldMan retains the authority to manage certain high-expertise or complex jobs through alternative channels during your ramp-up phase. Once fully trained and operational, franchisees regain full service rights within their territory, reinforcing MoldMan’s commitment to maintaining structured market protections for its operators.
.png)
