How many FIRST CHOICE BUSINESS BROKERS franchise locations are there?

As of the 2025 FDD, FIRST CHOICE BUSINESS BROKERS has 109 franchise locations. The company has been franchising since 2005.

Can you get an SBA loan for a FIRST CHOICE BUSINESS BROKERS franchise?

Yes, SBA loans are available for FIRST CHOICE BUSINESS BROKERS franchises. Historical data shows 2 SBA 7(a) loans have been approved for FIRST CHOICE BUSINESS BROKERS franchisees, with an average loan amount of $1,384,250. The historical default rate is 0.0%.

Is FIRST CHOICE BUSINESS BROKERS a good franchise to buy?

FIRST CHOICE BUSINESS BROKERS shows several positive indicators: established brand with 109+ locations, transparent financial performance data (Item 19), low SBA loan default rate. However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.

FIRST CHOICE BUSINESS BROKERS

First Choice Business Brokers franchises operate business brokerage services, assisting small to medium-sized business owners in selling their businesses by matching them with potential buyers, while also providing valuations, consultations, and support for purchases, sales, resales, and acquisitions. Franchisees earn commissions from successful transactions, including franchise resales, and may employ associates paid on commission. The target market includes owners of small to medium businesses and entrepreneurs seeking to buy existing businesses.

109

Locations

$69K–$98K

Investment

Since 2005

Franchising

ServicesLas Vegas, NVJLN Enterprises, LLCwww.fcbbi.comDisclaimer

Franchise Costs

Franchise Fee

$40,000

Item 5 of FDD

Initial Investment Range

$69,150 – $98,100

Low: $69,150High: $98,100

Item 7 of FDD

Royalty Rate

10.00%

of gross sales

Brand Fund

N/A

Item 6 of FDD

Fixed Monthly Fees

$600 – $600

Item 6 of FDD

10% royalty + $250/mo brand fund + $350/mo technology (+$145/mo per associate)

Financial Performance

Item 19 Financial Performance

Data Based On: Data based on 79 franchised businesses (46 from multiple-business offices, 33 from single-business offices) that had sold listings in 2024.

* The FDD presents 'Average Commissions' data. According to the FDD, 'Average Commissions is calculated by taking an Office's total Gross Revenue attributable to commissions and referral fees and dividing it by the total number of sold listings during the calendar year ending December 31, 2024.' Since the requested fields like 'average_gross_revenue' are defined as 'per franchise unit' and the provided data is 'per sold listing', these fields cannot be directly extracted or calculated from the available information without knowing the number of listings per unit. Furthermore, 'Commissions' do not include other revenue streams, meaning they are not total gross revenue. No net income, net profit, EBITDA, or expense data is provided.

Extracted Item 19 Section

How FIRST CHOICE BUSINESS BROKERS Compares

Key Insights

Higher than average SBA loan default rate in Business Services

Franchise	Investment	Fee	Royalty	Locations
FIRST CHOICE BUSINESS BROKERS Current	$69K – $98K	$40K	10.0%	109
Bimbo Foods Bakeries Distribution, LLC	$14K – $607K	N/A	N/A	6,454
THE UPS STORE (TRADITIONAL)	$216K – $609K	$30K	5.0%	4,500
JACKSON HEWITT TAX SERVICE	$71K – $105K	$25K	15.0%	2,744
CRUISE PLANNERS	$2K – $21K	$11K	3.0%	2,655
SERVPRO (UNIT)	$259K – $380K	$100K	10.0%	2,286
Business Services Average 188 franchises	$118K – $284K	$46K	10.4%	–

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 188 Business Services franchises by location count.

Locations & Growth

Outlet Growth Over Time

Total outlets at end of each year

Geographic Distribution (2024)

Outlets by state across the United States

Top States

1CA

2TX

3MO

4TN

5NC

6FL

7VA

8UT

9AZ

10OH

11GA

12NY

13KY

14CO

15CT

+19 more states

SBA Loan History

Historical SBA 7(a) loan data for FIRST CHOICE BUSINESS BROKERS franchisees (2015 – 2025)

Total Loans

Average Loan

$1,384,250

Total Volume

$2.8M

Default Rate

0.0%

Loans by Year

SBA 7(a) loan activity over time

* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.

Franchisee Contacts

2 franchisee contacts on file from official FDD filings.

Name	Address	Phone	Email	SBA Loan
John Smith ABC Franchise LLC	123 Main St Anytown, CA 90210	(555) 123-4567	john@example.com	$350,000 2023 · Active
John Smith ABC Franchise LLC	123 Main St Anytown, CA 90210	(555) 123-4567	john@example.com	$350,000 2023 · Active
John Smith ABC Franchise LLC	123 Main St Anytown, CA 90210	(555) 123-4567	john@example.com	$350,000 2023 · Active
John Smith ABC Franchise LLC	123 Main St Anytown, CA 90210	(555) 123-4567	john@example.com	$350,000 2023 · Active
John Smith ABC Franchise LLC	123 Main St Anytown, CA 90210	(555) 123-4567	john@example.com	$350,000 2023 · Active

2 Contacts Available

Unlock all FIRST CHOICE BUSINESS BROKERS franchisee contacts with verified contact information

Due Diligence

Litigation (Item 3)

Franchisee Cases0

No litigation involving franchisees reported

Bankruptcy (Item 4)

Bankruptcy HistoryNo

No bankruptcy history reported

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations

Non-Renewals

Reacquired

Ceased Ops

Transfers

Sold to Franchisees

Projected New

Frequently Asked Questions

The total initial investment to open a FIRST CHOICE BUSINESS BROKERS franchise ranges from $69,150 to $98,100. This includes a franchise fee of $40,000. Ongoing royalty fees are 10.0% of gross sales.