Franchise Deep Dive: Preservan Franchise Costs, Fees, Profit and Data

LAST UPDATED: August 2024

FRANCHISE WEBSITE: https://gopreservan.com/franchise/

NUMBER OF LOCATIONS: 8 territories

REPORTED COST TO GET IN: $83,800 - $142,400

REPORTED ROI: $334,414 (gross revenue for company-owned location in 2023)

Preservan is a wood rot repair business that uses its own proprietary epoxy technology to restore and preserve historic properties. The brand offers a range of services aimed at maintaining the architectural integrity and historical significance of buildings, ensuring that these structures are preserved for future generations. With expertise in both traditional restoration techniques and modern preservation practices, Preservan works closely with its clients to deliver tailored solutions that respect the original craftsmanship and character of each project. 

How Many Preservan Locations Are There?

Preservan was founded in 2012 in Savannah, Georgia, by Claire and James Donovan, who shared a passion for historic preservation and restoration. With backgrounds in architecture and conservation, the Donovans established the company to address the growing need for specialized restoration services in a city renowned for its historic charm. Recognizing the potential to expand their unique business model, Preservan began franchising in 2018, allowing them to extend their expertise and commitment to preserving cultural heritage to a broader market across the United States.

Preservan currently has a total of eight territories in Oklahoma City and Tulsa, Oklahoma; Dallas, Texas; Nashville, Tennessee; Athens, Georgia; Greensboro, North Carolina; and Jacksonville and Orlando, Florida.

What Is the Preservan Business Model?

Preservan’s business model focuses on providing its specialized wood rot repair services. Franchisees operate from their homes, using branded Kia vans to travel to job sites. Preservan’s model emphasizes affordability and environmental responsibility, with repairs costing significantly less than replacements and producing minimal waste.

Franchisees receive comprehensive training and continuous support, along with access to Preservan’s proprietary methods that allow for quick, high-quality repairs. This approach ensures that franchisees can effectively serve their local communities while maintaining the brand’s high standards of preservation and sustainability.

How Much Can Preservan Franchise Owners Make?

Preservan does not publicly share the Item 19 on its franchise disclosure document (FDD). However, it does report the potential for a 2:1 sales/investment ratio, with potential gross revenue of $334,414, gross profit of $239,217 and an average of $1,808 earned for each project.

How Much Does It Cost to Open a Preservan?

Starting a Preservan franchise requires an initial investment ranging from $83,800 to $142,400. This includes the costs for the van and tools, along with funds for marketing the grand opening. Preservan locations are operated from the home or on the go, which eliminates rent, utilities and other expenses that come with brick-and-mortar locations.

What Is the Franchise Fee for Preservan?

The initial franchise fee is $50,000 for a single territory. Candidates must also have a minimum net worth of $150,000. 

Who Is on the Preservan Leadership Team?

• Ty McBride — Founder
• Morgan Reinhart — COO and Co-Owner
• Emily Potts — Franchise Coordinator

What Helpful Articles Can I Read to Learn More?

• Preservan FAQs About Owning a Franchise
• Preservan Wood Rot Repair on Track to Double Its Footprint in 6 Months With Recent Development
• Tribal Member Opens Company’s Newest Franchise
• A Look Into Preservan’s Growth Strategy: How the Wood Rot Repair Franchise Chooses Its Target Markets

Want to learn more about franchise opportunities on 1851 Franchise? Be sure to visit our Power Rankings to read more on brands making moves. 

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