Prime Rate:6.75%Fed Funds:3.64%5-Yr Treasury:3.88%10-Yr Treasury:4.25%30-Yr Treasury:4.83%30-Yr Mortgage:6.22%·Updated Mar 19, 2026Prime Rate:6.75%Fed Funds:3.64%5-Yr Treasury:3.88%10-Yr Treasury:4.25%30-Yr Treasury:4.83%30-Yr Mortgage:6.22%·Updated Mar 19, 2026
Rates
Crawlspace Medic

Crawlspace Medic

Franchising since 2014 · 3 locations

The total investment to open a Crawlspace Medic franchise ranges from $109,600 - $229,700. The initial franchise fee is $59,000. Ongoing royalties are 6% plus a 1% advertising fee. Crawlspace Medic currently operates 3 locations (3 franchised). PeerSense FPI health score: 52/100.

Investment

$109,600 - $229,700

Franchise Fee

$59,000

Total Units

3

3 franchised

FPI Score
Low
52

Proprietary PeerSense metric

Moderate
Capital Partners
3lenders available

Active capital sources verified for Crawlspace Medic financing

SBA

7(a) Eligible

21d

Avg Funding

P+2.25%

Best Rate

No retainers · Referral fee at closing

FPI Score Breakdown

Emerging (3-9 loans)

Limited Data
52out of 100
Moderate

SBA Lending Performance

SBA Default Rate

0.0%

0 of 3 loans charged off

SBA Loans

3

Total Volume

$1.5M

Active Lenders

3

States

2

What is the Crawlspace Medic franchise?

The escalating challenges faced by homeowners, from the structural integrity of aging properties to the pervasive issues of moisture, mold, and foundational damage in crawl spaces and basements, underscore a critical and growing demand for specialized home repair services. Many property owners grapple with the costly implications of deferred maintenance and the scarcity of skilled professionals capable of addressing these complex, often hidden, problems, leading to significant concerns about property value depreciation, indoor air quality, and long-term repair expenses. It is within this expansive and increasingly vital segment of the home services market that Crawlspace Medic has meticulously carved out its niche, presenting a robust franchise opportunity for astute investors. Founded in 2014 by E.W., also known as Evan Wilson, who concurrently serves as the Founder & CEO, Crawlspace Medic established its foundational operations with a clear mission to become the premier crawl space service company across the United States. The leadership team is further bolstered by Jon Dando, who holds the titles of Co-Founder and President, alongside his responsibilities as Director of Marketing and Sales, and Greg Bajan, the company's CTO, all operating from the corporate headquarters strategically located in Columbia, South Carolina. The company officially commenced its expansion through a franchise model in 2018, meticulously building upon its initial proof of concept established with a second corporately-owned location in Charlotte, North Carolina, in 2016, following the original Columbia, South Carolina, operation. Crawlspace Medic operates as a Limited Liability Company (LLC), formally incorporated on March 21, 2023, with Mr. Clark McCarthy listed as key business management, and currently employs a substantial workforce of between 51 and 200 individuals, reflecting its significant operational scale. As of 2021, the brand had already expanded its footprint to over 14 corporately and franchise-owned locations, demonstrating a consistent growth trajectory at an approximate rate of one new location every two months, thereby steadily increasing its market penetration across the nation. This specialized approach positions Crawlspace Medic distinctly within the broader "All Other Specialty Trade Contractors" industry, a sector that commands a total addressable market (TAM) valued at approximately $50 billion, highlighting the substantial financial landscape available for a focused service provider. For franchise investors, the Crawlspace Medic franchise opportunity represents a strategically positioned entry point into an essential, high-demand segment of the multi-billion dollar home services market, offering a structured, proven business model designed to capitalize on critical homeowner needs. This independent analysis from PeerSense provides an unparalleled, data-rich examination of the Crawlspace Medic franchise, establishing it as an authoritative resource for prospective investors navigating this significant financial decision.

The overarching landscape of the home services industry presents a compelling narrative of sustained expansion and robust demand, forming an exceptionally fertile ground for the Crawlspace Medic franchise. The U.S. home services market is projected to reach an impressive $156.29 billion in 2024, underscoring the vast and growing consumer expenditure on property maintenance and enhancements. Furthermore, the on-demand home services market is anticipated to experience a substantial growth of $4.75 billion between 2021 and 2026, driven by an extraordinary Compound Annual Growth Rate (CAGR) of 60.77%, indicating a rapid shift towards convenience and professional expertise. The broader specialty trade contractors market, encompassing services provided by Crawlspace Medic, is poised for even larger scale growth, with projections indicating an increase from $6.56 trillion in 2025 to $6.93 trillion in 2026 at a CAGR of 5.6%, and further escalating to $8.78 trillion by 2030 at a CAGR of 6.1%. Several profound secular tailwinds are propelling this growth, including the increasing age of the residential housing stock, which inherently drives a greater need for maintenance, repair, and improvement services for older properties. A significant skilled trades gap, characterized by a shortage of qualified professionals, further amplifies the demand for structured, professional service providers like those offered by the Crawlspace Medic franchise, creating a market vacuum that well-supported franchise systems can fill. Moreover, evolving homeowner expectations are increasingly focused on investing in critical aspects such as superior air quality, enhanced insulation, energy efficiency upgrades, and overall health-related improvements, with a growing recognition of the direct link between crawl space and foundation health and these desired outcomes. Services like moisture control, mold remediation, and comprehensive home protection are transitioning from optional upgrades to essential maintenance components, driven by heightened awareness. While the market is inherently fragmented, with numerous smaller independent operators, Crawlspace Medic strategically positions itself in an underserved niche, focusing exclusively on crawl space and basement health, thereby facing fewer direct, specialized competitors and capitalizing on macro forces such as urbanization, technological advancements in diagnostics and repair, and consistent housing market trends. Despite potential risks like economic volatility, regulatory changes, and material cost fluctuations, the essential and non-discretionary nature of crawl space and basement repairs ensures a resilient demand, making this industry category particularly attractive for franchise investment due to its foundational role in property preservation and value.

Investing in a Crawlspace Medic franchise entails a carefully structured financial commitment designed to facilitate entry into a high-growth home services sector. The initial franchise fee for a single territory is $59,000, which is considered a moderate entry point when benchmarked against the broader home service category, reflecting the specialized nature of the services provided and the comprehensive support system. For prospective investors with ambitions for broader market penetration, Crawlspace Medic offers tiered franchise fees for multi-territory development, with some sources indicating a single territory fee of $35,000 for 2026, two territories available for $60,000, and three territories for $80,000, providing an incentive for scalable expansion. The estimated total investment required to launch a Crawlspace Medic franchise ranges from $118,900 to $242,200, encompassing a wide array of startup costs. Another reliable source provides a slightly different range, placing the total investment between $109,600 and $229,700, reflecting potential variations based on specific market conditions, geographic location, and local build-out requirements for the operating facility. These comprehensive investment figures typically include the initial franchise fee, the necessary specialized equipment for diagnostics and repair, initial marketing expenditures to establish brand presence and generate leads, and sufficient working capital to sustain initial operations until profitability is achieved. To ensure financial stability and operational readiness, franchisees are mandated to possess a minimum of $50,000 in liquid capital, demonstrating their capacity to cover immediate operating expenses, and a minimum net worth of $150,000, signifying a solid financial foundation. Beyond the initial investment, ongoing financial obligations include a royalty fee of 6% of gross sales, which contributes to the continuous development and support of the franchise system, and a marketing fund contribution of 1% to bolster national and regional brand campaigns, ensuring sustained lead generation and brand visibility. The overall startup cost, classified as moderate for the home service sector, positions the Crawlspace Medic franchise as a competitive and accessible opportunity for a wide range of investors, particularly when considering the high demand for its specialized services. Furthermore, Crawlspace Medic demonstrates its commitment to supporting military personnel by offering a discount for veterans, enhancing the accessibility of this franchise opportunity. The absence of an explicit parent company in the search results indicates that Crawlspace Medic operates independently as an LLC, maintaining direct control over its brand and franchise development. This detailed financial breakdown underscores that the Crawlspace Medic franchise represents a mid-tier investment, offering a balanced proposition of entry cost versus potential market returns within a resilient and growing industry.

The operational blueprint for a Crawlspace Medic franchise is meticulously designed to ensure efficiency, consistency, and high-quality service delivery, reflecting a sophisticated approach to specialized home services. Daily operations for a franchisee primarily revolve around the expert management of technicians and the cultivation of strong customer relationships, encompassing everything from initial contact to post-service follow-up. The business model is strategically structured around three primary revenue streams: comprehensive Assessment & Diagnosis of crawl space and basement issues, expert Repair & Waterproofing services to address identified problems, and ongoing Protection & Maintenance solutions, including advanced encapsulation and ventilation systems, to prevent future issues and ensure long-term property health. A typical Crawlspace Medic franchise unit maintains a lean yet effective labor model, employing an average of 2 to 4 individuals, which optimizes operational efficiency and labor costs while ensuring adequate staffing for service delivery. The franchise is not a home-based operation, requiring a dedicated facility, but it is explicitly described as a semi-absentee franchise opportunity, allowing owners the flexibility to maintain other professional commitments or jobs while overseeing the business, making it attractive for investors seeking passive ownership or a managed enterprise. Comprehensive training is a cornerstone of the Crawlspace Medic support structure, with an initial program conducted at the corporate headquarters in Columbia, South Carolina. This intensive training regimen includes 17 hours of classroom instruction, providing foundational knowledge in company operations, service offerings, marketing strategies, sales techniques, employee management, customer service protocols, reporting requirements, and daily operating strategies. This is robustly complemented by 80 hours of immersive, hands-on, on-the-job training, ensuring franchisees and their key personnel gain practical expertise in specific service and repair techniques, preparing them for real-world scenarios. Beyond this initial immersion, the corporate team provides extensive ongoing support, including access to detailed Operational Playbooks, which are built from real-world field successes, offering proven methodologies for various scenarios. Franchisees benefit from scalable Marketing & Lead Generation systems, professionally designed campaigns, advanced lead generation tools, and expert brand positioning strategies to ensure a steady influx of customer inquiries. The integration of proprietary Technology and CRM Tools streamlines operations, assisting with scheduling, project tracking, and client communications, enhancing efficiency and customer satisfaction. Continuous consulting from experienced personnel is provided to optimize workflow and profitability, while a vibrant Community of Franchisees fosters networking, sharing insights, and collective problem-solving. Furthermore, financial services assistance with receivables, QuickBooks management, and financial reporting ensures robust fiscal oversight, and a centralized customer support system handles incoming phone calls, assisting local offices in setting up inspection and production schedules, thereby reducing administrative burden on franchisees. Each Crawlspace Medic franchise owner is granted an exclusive territory, ensuring focused market penetration and minimizing intra-brand competition, where they deliver specialized services such as comprehensive inspections, targeted repairs, moisture control solutions, and preventive maintenance. This comprehensive operational framework and robust support system are designed to empower franchisees for sustained success in a specialized and demanding market.

While the provided database indicates that Item 19 financial performance data is not disclosed in the current Franchise Disclosure Document, the web research findings explicitly state that Crawlspace Medic does provide financial performance representations (FPRs) in its Franchise Disclosure Document (FDD), specifically within Item 19, offering crucial insights into the earnings potential of a Crawlspace Medic franchise. For Fiscal Year 2024, the franchise network reported an impressive average revenue of $1,028,710, demonstrating robust unit-level performance across the system. The median revenue for the same period was $848,138, providing a balanced perspective on typical franchisee earnings, indicating that a significant portion of the network achieves substantial financial success. A key indicator of profitability, the average gross profit percentage (GP %) for FY 2024 stood at a healthy 60%, highlighting the strong margin potential inherent in the Crawlspace Medic service offerings. Historical data further substantiates this strong financial trajectory, with average revenues in 2017 reaching $695,454 and average gross margins of $342,077, showcasing consistent growth in unit economics. The top-performing franchisee in 2017 achieved revenues close to $900,000, illustrating the potential for exceptional financial outcomes with dedicated effort and effective execution. By 2018, the average gross revenues had climbed to $807,971, with an average gross profit of $395,905, underscoring the brand's upward financial momentum even in its earlier stages of franchising. More recent yearly gross sales have been reported at $800,908, with estimated owner-operator earnings ranging from $96,109 to $120,137, providing a clear picture of the potential take-home income for an engaged franchisee. The estimated franchise payback period, a critical metric for investors, is projected to be between 2.2 and 4.2 years, suggesting a relatively rapid return on the initial Crawlspace Medic franchise investment when compared to many other sectors. It is important to note that Crawlspace Medic transparently communicates that results are subject to variation based on individual franchisee effort, leadership acumen, and execution quality, emphasizing that these figures represent averages and medians of actual performance. The consistent and strong financial performance representations, coupled with a solid gross profit percentage, position the Crawlspace Medic franchise as a financially attractive opportunity within the growing home services market, demonstrating a clear path to profitability and a compelling return on investment for prospective franchisees.

The growth trajectory of Crawlspace Medic since its inception in 2014 and the launch of its franchise model in 2018 reveals a strategic and consistent expansion across the United States. As of 2021, the company had successfully established over 14 corporately and franchise-owned locations, a testament to its scalable business model and market acceptance. This expansion is actively continuing at an approximate rate of one new location every two months, indicating a robust and accelerating pace of development for the Crawlspace Medic franchise network. The initial phase of expansion judiciously focused on the southern U.S. market, where the brand meticulously established a strong proof of concept with a second corporately-owned location in Charlotte, NC, in 2016, building upon the success of its original Columbia, SC, operation. This methodical approach laid a solid foundation for broader national reach. Subsequently, Crawlspace Medic has strategically ventured into more northern markets, including Columbus, Ohio, St. Louis, and various parts of Virginia, demonstrating its adaptability and the universal applicability of its specialized services. A significant corporate development in these northern markets involved a strategic rebranding to "Crawlspace Medic and Basement Pros," a tactical move designed to effectively encompass basement repair services, thereby addressing the prevalence of basements rather than just crawl spaces in these regions and expanding the total addressable market for the Crawlspace Medic franchise. This adaptation showcases the brand's agility in responding to diverse regional architectural and consumer needs. The competitive moat for Crawlspace Medic is multifaceted, primarily stemming from its specialization in an underserved niche with few direct competitors focusing exclusively on crawl space and basement health, allowing it to dominate this specific segment. Strategic partnerships, such as the collaboration with Carolina Climate Control, further enhance its competitive edge by creating opportunities for cross-selling encapsulation and moisture control services and expanding customer acquisition channels. The company leverages proprietary technology, including advanced CRM tools for scheduling, project tracking, and client communications, along with meticulously developed operational playbooks built from real-world field success, which streamline operations and ensure consistent service quality. Its brand recognition as a specialist in crawl space and basement health, built on consistent customer satisfaction and professional service delivery, also contributes significantly to its competitive advantage. The brand's proactive adaptation to market conditions, through rebranding and service expansion, ensures its continued relevance and growth. Furthermore, the company employs a sophisticated digital marketing strategy utilizing tools such as Facebook Pixel, Marchex, and WP Engine, demonstrating a commitment to digital transformation and effective lead generation in a competitive online landscape, ensuring the Crawlspace Medic franchise remains at the forefront of customer engagement.

The ideal candidate for a Crawlspace Medic franchise is not necessarily defined by a background in handyman services or construction, as evidenced by successful franchisees like Jonathan King, who highlighted the business model's viability and ease of learning even without prior industry experience, attributing this to the comprehensive tools and robust back-office support provided by the corporate team. This suggests that the ideal franchisee possesses strong managerial acumen, an aptitude for customer relations, and a commitment to following a proven operational system. The semi-absentee franchise model further broadens the appeal, allowing individuals to leverage their management skills to oversee operations and manage a team of 2-4 employees effectively, rather than being solely focused on hands-on repair work, enabling them to maintain other professional obligations. Brian Lowry, another franchisee who transitioned from working for Crawlspace Medic, was drawn to the simplicity of the low-cost business model and the independence it offered, coupled with a robust support system, further underscoring that a desire for independence paired with a willingness to embrace structured support is a key attribute. While specific industry knowledge is not a prerequisite, a candidate who values protecting homeowners' investments and understands the growing need for moisture remediation, potentially linking it to broader environmental trends like global warming and natural disasters as noted by King, would find the mission fulfilling. Crawlspace Medic has demonstrated a broad geographic focus for its expansion, initially targeting the southern U.S. with successful proof-of-concept in Columbia, SC, and Charlotte, NC, before strategically expanding into northern markets such as Columbus, Ohio, St. Louis, and parts of Virginia. This successful expansion into diverse regions suggests that the Crawlspace Medic franchise model performs well across various climates and housing types, making it suitable for franchisees in a wide array of markets. Franchisees are granted exclusive territories, which provides a defined market for their services and reduces intra-brand competition, allowing for focused business development. While the specific timeline from signing to opening, franchise agreement term length, and details regarding transfer and resale considerations are not explicitly provided, the comprehensive support and established growth trajectory indicate a well-structured and long-term oriented franchise opportunity.

The Crawlspace Medic franchise presents a compelling investment thesis within the rapidly expanding and essential home services sector, which is projected to reach an impressive $156.29 billion in 2024. Its strategic specialization in an underserved niche—crawl space and basement health—positions it with few direct competitors, allowing for significant market capture and brand dominance. This focused approach, combined with a proven, scalable franchise model that has facilitated expansion at an approximate rate of one new location every two months since 2018, indicates a robust growth trajectory and strong market acceptance for the Crawlspace Medic brand. The financial performance representations are particularly attractive, with an average revenue of $1,028,710 and a median revenue of $848,138 for Fiscal Year 2024, alongside an impressive average gross profit percentage of 60%, signaling substantial profitability for franchisees. The estimated payback period of 2.2 to 4.2 years is notably competitive within the franchise landscape, offering a relatively quick return on the initial Crawlspace Medic franchise investment, which ranges from $109,600 to $242,200. This moderate initial investment, coupled with comprehensive training, robust ongoing corporate support, and a flexible semi-absentee ownership model, significantly enhances the appeal of this Crawlspace Medic franchise opportunity for a broad spectrum of strategic investors. PeerSense provides exclusive due diligence data including SBA lending history, FPI score, location maps with Google ratings, FDD financial data, and side-by-side comparison tools. Explore the complete Crawlspace Medic franchise profile on PeerSense to access the full suite of independent franchise intelligence data.

FPI Score

52/100

SBA Default Rate

0.0%

Active Lenders

3

Key Highlights

Low SBA default rate (0.0%)

Data Insights

Key performance metrics for Crawlspace Medic based on SBA lending data

SBA Default Rate

0.0%

0 of 3 loans charged off

SBA Loan Volume

3 loans

Across 3 lenders

Lender Diversity

3 lenders

Avg 1.0 loans per lender

Investment Tier

Mid-range investment

$109,600 – $229,700 total

Payment Estimator

Loan Amount$88K
Interest Rate9.5%
Term (Years)10 yr

Estimated Monthly Payment

$1,135

Principal & Interest only

Locations

Crawlspace Medicunit breakdown

Total Units
N/A
Franchisee Owned
System Owned
Closed

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Crawlspace Medic