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.
Franchise Costs
10% royalty (min. $300/mo, 8% after $850k gross revenue) + $250/mo brand fund + $350/mo technology fee + $250-$1,500/mo administrative support fee (tiered by active listings)
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 | $73K – $100K | $45K | 10.0% | 128 |
| 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 189 franchises | $121K – $290K | $47K | 10.4% | – |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 189 Business Services franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2025)
Outlets by state across the United States
+19 more states
SBA Loan History
Historical SBA 7(a) loan data for FIRST CHOICE BUSINESS BROKERS franchisees (2015 – 2025)
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.
Due Diligence
Litigation (Item 3)
Bankruptcy (Item 4)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
The total initial investment to open a FIRST CHOICE BUSINESS BROKERS franchise ranges from $72,600 to $99,500. This includes a franchise fee of $45,000. Ongoing royalty fees are 10.0% of gross sales.
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Also includes FDDs for
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