In this episode of the Franchise QB Podcast, host Mike Halpern speaks with Ty McBride, founder of Preservan, about his journey in the home services industry and the unique business model of Preservan. 

They discuss the importance of work-life balance, the innovative wood repair service offered by Preservan, and the franchise model that supports new owners. 

Ty shares insights on customer engagement, financial performance, and the challenges of growing a franchise brand while maintaining a strong support system for franchise owners.

Takeaways

-Ty McBride's journey in home services began with his family's business.
-Preservan focuses on repairing wood rot using a proprietary epoxy system.
-The business model emphasizes customer convenience and cost-effectiveness.
-Franchise owners are seen as 'neighbors' to foster community engagement.
-Training and support for franchisees are prioritized for success.
-Financial performance shows high gross profit margins for franchise owners.
-The franchise model allows for both owner-operator and semi-absent ownership.
-Ty emphasizes the importance of maintaining personal connections with franchisees.
-The initial investment for a Preservan franchise is under $200k.
-Continuous improvement is key to the growth of the franchise.

Chapters

00:00 Introduction
03:04 Ty McBride's Journey in Home Services
05:54 Understanding Preservan's Unique Service
08:59 The Business Model and Customer Engagement
12:12 Franchising Insights and Support Structure
15:04 Financial Performance and Investment
17:56 Challenges and Growth in Franchising
21:07 Conclusion and Future Opportunities

www.Preservan.com

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Mike Halpern, CAFC
[email protected]