First Choice Business Brokers Franchise FDD, Profits & Costs (2025)
First Choice Business Brokers (FCBB) is a premier business brokerage firm specializing in connecting buyers and sellers of small to mid-sized businesses. Established in 1994, FCBB has grown to become one of the largest business sales organizations in the United States.
The company is headquartered in Las Vegas, Nevada. FCBB began offering franchise opportunities to entrepreneurs seeking to enter the business brokerage industry.
The firm provides comprehensive training and support to its franchisees, enabling them to effectively facilitate business transactions. FCBB’s services include business valuations, marketing, and negotiation assistance, ensuring a professional and confidential experience for clients.
What sets FCBB apart from its competitors is its extensive network of experienced brokers and agents, as well as its proprietary systems and processes that streamline business sales.
Initial Investment
How much does it cost to start a First Choice Business Brokers franchise? It costs on average between $30,000 – $90,000 to start a First Choice Business Brokers franchised office.
This includes costs for initial setup, office space, technology systems, and initial operating expenses. The exact amount depends on various factors, including the size and location of the office, the market conditions, and whether the franchisee opts to lease or purchase the office space.
Type of Expenditure | Amount (Low-High Range) |
---|---|
Initial Franchise Fee | $40,000 |
Initial Training/Marketing Fee | $12,500 – $14,000 |
Travel and Living Expenses for Training | $100 – $2,500 |
Real Estate / Rent | $0 – $2,500 |
Real Estate Deposit and Improvements | $0 – $1,500 |
Signs | $500 – $1,500 |
Office Furniture, Equipment, and Computers | $1,000 – $5,000 |
Pre-Opening and Initial Advertising | $1,550 – $3,100 |
Insurance | $1,500 – $2,500 |
Vehicle Cost | $500 – $1,500 |
Additional Funds – 3 Months | $10,000 – $25,000 |
Estimated Initial Investment (Before July 1, 2024) | $15,150 – $45,100 |
Estimated Initial Investment (After July 1, 2024) | $30,300 – $90,200 |
Competitors
Below are a few First Choice Business Brokers competitors as a comparison:
First Choice Business Brokers Franchise Disclosure Document
Frequently Asked Questions
How many First Choice Business Brokers locations are there?
As of the latest available data, First Choice Business Brokers operates 74 office locations across the United States, serving 102 territories with a team of 187 business brokers. These offices are independently owned and operated by local professionals who understand the unique challenges faced by small business owners in their respective markets.
What is the total investment required to open a First Choice Business Brokers franchise?
The total investment required to open a First Choice Business Brokers franchise ranges from $30,000 to $90,000.
What are the ongoing fees for a First Choice Business Brokers franchise?
First Choice Business Brokers franchisees pay a royalty fee of 10% on gross sales up to $850,000, 8% for the next $850,000, and 7% thereafter. Additionally, there is a 2% marketing fee on gross sales. These fees support training, proprietary systems, and marketing efforts to aid franchisee success.
What are the financial requirements to become a First Choice Business Brokers franchisee?
To become a First Choice Business Brokers franchisee, you should have a minimum net worth of $500,000 and at least $40,000 in liquid capital. These financial requirements ensure that franchisees are well-prepared to invest in and successfully operate their business brokerage franchise.
Who owns First Choice Business Brokers?
First Choice Business Brokers is owned by Anthony Wilder.
Disclaimer
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