MOLDMAN franchise
2026 filing · April 14, 2026GrowingShares sales figures
MOLDMAN at a glance
A business offering mold inspection, testing and remediation and biohazard clean-up, with optional water damage services under the Water Boys name. At the end of 2025 there were 12 MOLDMAN locations in the US, 11 franchised and 1 company-owned.
The business
- Franchisor
- MOLDMAN FRANCHISOR, LLC
- The company that sells the franchises
- Franchising since
- 2021
- 5 years of selling franchises
- Franchisor based in
- Chicago, Illinois
What you pay
- Cost to open
- $18K–$47K
- A single territory
- Franchise fee
- $10,000
- Paid once, when you sign
- Royalty
- 10%
- 10% of customer payments, paid weekly
- Brand fund
- None now
- Up to 3% of customer payments or $75; not charged at present
- Territory
- None
- No exclusive territory
Where it is
- US locations, 2025
- 12
- Franchised and company-owned
- Franchised
- 11
- Company-owned
- 1
- Change in 2 years
- +9
- Franchised locations, 2023–2025
- States
- 8
- Most in Illinois, Missouri and Arkansas
From MOLDMAN FRANCHISOR, LLC’s 2026 filing; revenue and net income from its audited financial statements, page 144; SBA status from the SBA Franchise Directory, October 28, 2026.
Franchisor revenue is the company that sells the franchises (royalties, fees and anything else it earns), not what a location makes.
Where it ranks
MOLDMAN among all franchises with the same figure.
| Figure | MOLDMAN | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $32,806 | Costs less than 99% of franchises |
| Franchise feePaid once, when you sign | $10,000 | Lower than 95% of franchises |
| RoyaltyShare of sales paid to the franchisor | 10% | Higher than 95% of brands with a set rate |
| US locationsFranchised and company-owned | 12 | Fewer than 58% of franchises |
How much a MOLDMAN franchise costs
Opening a single territory costs an estimated $18,296 to $47,316. That covers the franchise fee and everything else needed to open, through the first months of working capital. It is one of the franchises under $20K.
The biggest costs are initial franchise fee ($10,000) and service technician ($0 to $9,000). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Initial Franchise Fee | $10,000 | ||
| Technology Package Fees | $876 | ||
| 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 | $3,000 | $6,000 | |
| Certifications, Licenses and Permits | $500 | $1,000 | |
| Opening Online Marketing Spend MATCH Program | $750 | ||
| Additional Funds – 3 months | $1,100 | $7,000 | |
| Total | $18,296 | $47,316 | |
Source: MOLDMAN FRANCHISOR, LLC, 2026 filing, page 15
MOLDMAN franchise fee
The franchise fee is $10,000. You pay it when you sign the franchise agreement.
Source: MOLDMAN FRANCHISOR, LLC, 2026 filing, page 11
Royalty and ongoing fees
| Royalty | 10% of customer payments, paid weekly. |
|---|---|
| Brand or marketing fund | Up to 3% of customer payments or $75; not charged at present. |
| Technology Package Fee | Our then current fee, which is currently $82/week |
| Transfer Fee | $1,000 |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: MOLDMAN FRANCHISOR, LLC, 2026 filing, pages 12 and 13
Other fees as filed, from page 12. The filing lists every fee, including late fees and audit costs.
Sales and earnings
Shares figures MOLDMAN publishes sales or earnings figures for its locations. The full tables, with notes on which locations are counted, are in its filing.
Source: MOLDMAN FRANCHISOR, LLC, 2026 filing, page 49
How MOLDMAN compares
Of the 57 restoration franchises on this site, MOLDMAN is the cheapest to open and the 42nd largest by number of locations.
| Figure | MOLDMAN | Typical restoration brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $18K | $152K | $222K |
| Cost to open, high end | $47K | $255K | $477K |
| Franchise fee | $10K | $50K | $40K |
| Royalty | 10% | 7% | 6% |
| US locations | 12 | 54 | 21 |
| Closed or left per year | 16.7% | 5.1% | – |
| Change in franchised locations, 2 yrs | +450% | +11.4% | – |
| Shares earnings figures | Yes | 44 of 57 | 2,147 of 3,352 |
Typical is the median across the 57 brands in restoration franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned | Opened | Closed |
|---|---|---|---|---|
| 2023 | 6 (+4) | 1 | +4 | 0 |
| 2024 | 8 (+2) | 1 | +4 | −2 |
| 2025 | 11 (+3) | 1 | – | – |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
See which brands grew most in the fastest-growing franchises rankings.
More in the guides: franchise failure rates.
Source: MOLDMAN FRANCHISOR, LLC, 2026 filing, page 51
Where MOLDMAN locations are
At the end of 2025, MOLDMAN had locations in 8 states. The most are in Illinois, Missouri and Arkansas.
- Illinois4
- Missouri2
- Arkansas1
- Florida1
- Georgia1
- Indiana1
| State | Franchised | Company-owned | Total |
|---|---|---|---|
| Illinois | 3 | 1 | 4 |
| Missouri | 2 | 0 | 2 |
| Arkansas | 1 | 0 | 1 |
| Florida | 1 | 0 | 1 |
| Georgia | 1 | 0 | 1 |
| Indiana | 1 | 0 | 1 |
| Oklahoma | 1 | 0 | 1 |
| Tennessee | 1 | 0 | 1 |
Source: MOLDMAN FRANCHISOR, LLC, 2026 filing, page 52
Who owns MOLDMAN?
MOLDMAN franchises are sold by MOLDMAN FRANCHISOR, LLC.
From MOLDMAN FRANCHISOR, LLC’s 2026 filing.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | None. The filing says no litigation has to be disclosed. |
|---|---|
| Bankruptcy | None. The filing says no bankruptcy has to be disclosed. |
Franchisors must disclose lawsuits and bankruptcies involving the company, its parents and affiliates, and its executives. Many cases are routine disputes with franchisees over fees or contracts; read the descriptions in the filing and ask current owners about anything that worries you.
Source: MOLDMAN FRANCHISOR, LLC, 2026 filing, litigation on page 11, bankruptcy on page 11
MOLDMAN filings
The figures on this page come from MOLDMAN FRANCHISOR, LLC’s 2026 filing, issued April 14, 2026, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2026 filing | April 14, 2026 | NASAA depository | Costs, fees and locations, 2023–2025 |
Each link opens the filing as a PDF. See the newest filings across all brands.
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MOLDMAN is also on these lists: home service franchises.