Franchise Deep Dive: Preservan Wood Rot Repair Franchise Costs, Fees, Profit and Data

Preservan Wood Rot Repair is a home service franchise that specializes in using epoxy resins to treat, repair and eliminate wood rot. The brand utilizes a proprietary resin repair system that can restore rotting and deteriorating wood; it fixes everything from wood windows and doors to porch posts, columns, rails and stairs.

Preservan was founded in Oklahoma City, Oklahoma by Ty McBride, who was looking for an affordable and efficient way to restore old wood in his very own home. The brand has recently begun offering franchise opportunities. Just last year, Preservan claims to have saved customers over $5.5 million in home repairs.

As of January 2024, Preservan has locations across five territories, including Oklahoma City, Tulsa, Orlando, Greensboro and Nashville. The brand is offering new franchise opportunities in the following states:

• Alabama

• Florida

• Georgia

• Louisiana

• North Carolina

• South Carolina

• Texas

Preservan’s business model is focused on providing customers with affordable, convenient and sustainable wood rot repair services using long-lasting epoxy resins. The franchise delivers its services to all ages of homes and repairs windows, doors and architectural wood features.

Founder Ty McBride says the franchise can be operated from your home or on-the-go and can be done by just one technician, which eliminates the costs required to open a physical location or hire additional staff. As a result of its services, the brand says most projects can be started and completed within 24 hours, which makes it an appealing choice for customers who want a job done quickly and efficiently.

For franchise owners, Preservan provides all the necessary training and support required to operate a successful business. The brand provides marketing support, a three-week training course and a call-center HUB for franchisees who may need more specific assistance.

In terms of earnings potential, the company-owned affiliate location in Oklahoma City saw gross revenue of $321,585, a gross profit of $209,708, an average project cost of $1,526 and a gross profit margin of 65%. To learn more, contact the team about reading the Franchise Disclosure Document (FDD), which will state the total earnings of any company or franchise-owned unit as a reference.

The total investment to open a Preservan franchise ranges from $81,400 to $130,000. This investment is broken down into the following costs:

• Initial Franchise Fee: $50,000

• Construction and Leasehold Improvements: $0 to $3,000

• Storage Unit: $300 to $700

• Initial Inventory: $3,000 to $9,000

• Epoxy: $3,000 to $6,000

• Computer, Software, and Point of Sale System: $0 to $3,000

• Service Vehicle: $4,500 to $13,500

• Start-Up Marketing: $6,000 to $15,000

• Insurance Deposits - Three mOnths: $1,500 to $4,500

• Travel for Initial Training: $2,500 to $7,700

• Professional Fees: $1,000 to $3,000

• Licenses and Permits: $0 to $2,000

• 1% For The Planet Activation Fee: $600

• Additional Funds - Three Months: $9,000 to $20,000

The initial franchise fee is $50K for a single location. Interested candidates must also have a minimum net worth of $150K.

• Ty McBride — Founder

• Morgan Reinart – COO and Co-Owner

• Emily Potts – Community Relations Director

• Magon Hoffman – Franchise Development and Marketing

• Preservan Brand Story / Finding a Future In The Past

• Why I Bought a Preservan Franchise

• Meet the Franchisee: Orlando, FL

• Preservan Founder Story: Ty McBride Talks Life, Franchising and Entrepreneurship

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