of First Choice Business Brokers
Franchise research report · reviewed 2025 disclosure data
Researching of First Choice Business Brokers franchise opportunities? Every figure below is cited to the FDD.
First Choice Business Brokers franchises offer business brokerage, valuations, consultation, and related services for business purchases, sales, resales, and acquisitions. Franchisees operate under the First Choice Business Brokers name.
Headline figures
of First Choice Business Brokers quick facts
- Is of First Choice Business Brokers a franchise?
- Yes. of First Choice Business Brokers offers franchises through a Franchise Disclosure Document. At the end of 2024, it reported 109 franchised and 0 company-owned outlets (2025 FDD, Item 20, PDF p. 43).
- How much does it cost to open an of First Choice Business Brokers franchise?
- The of First Choice Business Brokers Franchise Disclosure Document reports separate estimated initial investments by format: $69,150 for total initial investment — low (2025 FDD, Item 7, PDF p. 17); $98,100 for total initial investment — high (2025 FDD, Item 7, PDF p. 17). These formats are not combined. Each is the franchisor's disclosed estimate, not a quote. Details
- What is the of First Choice Business Brokers initial franchise fee?
- The disclosed initial franchise fee for a standard single unit is $40,000 (2025 FDD, Item 5, PDF p. 11). Other fee options (for example multi-unit or conversion) are listed separately in the report. Details
- What ongoing fees does of First Choice Business Brokers charge?
- The disclosed ongoing royalty is $300 (2025 FDD, Item 6, PDF p. 12). The brand or advertising fund contribution is $250 (2025 FDD, Item 6, PDF p. 12). Other recurring fees are listed in Item 6. Details
- Does of First Choice Business Brokers disclose financial performance (Item 19)?
- Yes. The of First Choice Business Brokers FDD includes an Item 19 financial performance representation (2025 FDD, Item 19, PDF p. 43). Figures apply only to the locations and period each one covers. Details
- How many of First Choice Business Brokers locations are there?
- The FDD reports 109 outlets at the end of 2024 (2025 FDD, Item 20, PDF p. 43). Existing locations do not indicate territory availability. Details
- Is of First Choice Business Brokers a good franchise to buy?
- Franopolis does not rate or recommend franchises. From the reviewed FDD: Item 19 includes financial performance figures; check which locations and period they cover; Item 20 lists outlet openings, closures and transfers; Item 6 includes a brand or advertising fund contribution on top of royalty; Item 20 also lists current and former franchisees you can contact. Review the full FDD with a franchise attorney and accountant before deciding.
From reviewed FDD figures only. Not a recommendation or projection.
What the disclosures show
- 1The 2025 FDD (Item 7) estimates opening costs separately by format: $69,150 (TOTAL initial investment — low); $98,100 (TOTAL initial investment — high); several initial fee options apply.
- 2Item 19 covers 7 separate groups: other measures for 11 Franchised locations; other measures for 4 Franchised locations; other measures for 4 Franchised locations; other measures for 4 Franchised locations; other measures for 5 Franchised locations; other measures for 11 Franchised locations; other measures for 11 Franchised locations. They are not combined.
- 3Outlets grew by 28 in 2024, to 109 (Systemwide, as labeled in the FDD, Item 20).
From reviewed FDD figures only. Not a recommendation or projection.
of First Choice Business Brokers head-to-head
Closest peers in the same subcategory, side by side from reviewed FDD figures. Not a ranking or recommendation.
Better Homes and Gardens Real Estate
Counselor RealtyCosts · Items 5–7
What does it cost to open?
Estimated opening costs and the fees payable to the franchisor.
Startup Investment — Item 7
Range across 2 single-unit formats
2025 FDD · Item 7
Formats disclosed in Item 7 (2)
Each format has its own total. The total depends on the format you choose.
- lowPDF p. 17$69,150
- highPDF p. 17$98,100
Standard single-unit franchise fee
2025 FDD · Item 5 · PDF p. 11
Discounted and multi-unit options are separate; see all fees.
Ongoing Fees — Item 6
Selected recurring charges; payment bases and conditions remain attached to each fee.
- Royalty — monthly minimumMain ongoing fee
30 reported fees, each with its payment basis, are listed below; they haven't been sorted into recurring, initial and occasional groups yet.
Financial Performance — Item 19
What results are disclosed—and for which locations?
7 separate populations, shown apart. Revenue is not owner income.
Locations counted: not stated in the reviewed record
Other measures · 11 locations
- Who is counted
- Offices with a single franchised business, bottom third, 2024; table drawn from 33 Franchised Businesses operating in 33 Offices
- Period
- bottom third
- Excluded
- 30 Franchised Businesses in 28 Offices that did not report listings in 2024 (including 14 Offices that opened in 2024), and 7 Franchised Businesses that ceased operations in 2024.
- Method
- Average Commissions calculated as each Office’s commission and referral-fee Gross Revenue divided by total sold listings during calendar year 2024
Locations counted: not stated in the reviewed record
Other measures · 4 locations
- Who is counted
- Offices with multiple franchised businesses in the top third for the 2024 calendar year
- Period
- top third
- Excluded
- Excludes 30 Franchised Businesses in 28 offices that did not report listings in 2024 (including 14 Offices opened in 2024) and 7 Franchised Businesses that ceased operations in 2024.
- Method
- Average Commissions calculated as each Office’s commission and referral-fee Gross Revenue divided by total sold listings during calendar year 2024
Locations counted: not stated in the reviewed record
Other measures · 4 locations
- Who is counted
- Offices with multiple franchised businesses, middle third, 2024; table drawn from 46 Franchised Businesses in 13 Offices
- Period
- middle third
- Excluded
- 30 Franchised Businesses in 28 Offices that did not report listings in 2024 (including 14 Offices opened in 2024), plus 7 Franchised Businesses that ceased operations in 2024.
- Method
- Average Commissions calculated as each Office’s commission and referral-fee Gross Revenue divided by total sold listings during calendar year 2024
Locations counted: not stated in the reviewed record
Other measures · 4 locations
- Who is counted
- Offices with multiple franchised businesses, middle third 2024; table drawn from 46 Franchised Businesses operating in 13 Offices
- Period
- top third
- Excluded
- 30 Franchised Businesses in 28 Offices that did not report listings in 2024 (including 14 Offices opened in 2024), plus 7 Franchised Businesses that ceased operations in 2024.
- Method
- Average Commissions calculated as each Office’s commission and referral-fee Gross Revenue divided by total sold listings during calendar year 2024
Locations counted: not stated in the reviewed record
Other measures · 5 locations
- Who is counted
- Offices with multiple franchised businesses, bottom third 2024; table drawn from 46 Franchised Businesses operating in 13 Offices
- Period
- bottom third
- Excluded
- 30 Franchised Businesses in 28 Offices that did not report listings in 2024 (including 14 Offices opened in 2024), plus 7 Franchised Businesses that ceased operations in 2024.
- Method
- Average Commissions calculated as each Office’s commission and referral-fee Gross Revenue divided by total sold listings during calendar year 2024
Locations counted: not stated in the reviewed record
Other measures · 11 locations
- Who is counted
- Offices with a single franchised business, top third, 2024; table drawn from 33 Franchised Businesses operating in 33 Offices
- Period
- top third
- Excluded
- 30 Franchised Businesses in 28 Offices that did not report listings in 2024 (including 14 Offices opened in 2024), plus 7 Franchised Businesses that ceased operations in 2024.
- Method
- Average Commissions calculated as each Office’s commission and referral-fee Gross Revenue divided by total sold listings during calendar year 2024
Locations counted: not stated in the reviewed record
Other measures · 11 locations
- Who is counted
- Offices with a single franchised business, middle third, 2024; table drawn from 33 Franchised Businesses operating in 33 Offices
- Period
- middle third
- Excluded
- 30 Franchised Businesses in 28 Offices that did not report listings in 2024 (including 14 Offices that opened in 2024), and 7 Franchised Businesses that ceased operations in 2024.
- Method
- Average Commissions calculated as each Office’s commission and referral-fee Gross Revenue divided by total sold listings during calendar year 2024
These groups are never combined.
Outlet Changes — Item 20
How has the outlet count changed?
Systemwide, as labeled in the FDD · counts as of December 31 of year shown of each year.
2025 FDD · Item 20 · PDF p. 43
Net +55 outlets, 2022–2024
Year-end counts reported in Item 20. The scale starts at zero; the labels between the dots show each year's change. Openings and closures for 2024 haven't been pulled from the Item 20 tables yet, so no turnover or churn is shown.
Questions to investigate
Prompts based on what this brand's reviewed disclosures do and don't show — not conclusions. Join free as a member to save questions to your research.
For the franchisor
Which line items in the 2025 Item 7 estimate ($69,150 – $98,100) vary most by market, and why?
Which initial fee option would apply to my situation, and what conditions or discounts affect it?
Which locations are included in the Item 19 figures, and which were excluded?
Reported units went from 81 to 109 in 2024. How many new units opened, closed or changed hands?
Is a territory available in my area, and how is it defined in my agreement?
For current and former owners
How did your actual startup costs and timeline compare with the Item 7 estimate?
How many hours a week do you work in the business, and in what role?
How do your results compare with the Item 19 figures, and what explains the difference?
What support from the franchisor has been most and least useful?
For your advisors
Ask a franchise attorney to review the territory, renewal, transfer and termination terms.
Ask an accountant to build a cash-flow plan using your own assumptions, not the franchisor's.
Sources & vintage history
Every displayed fact is retained with its disclosure vintage, item, page, and reviewed status. Prior vintages remain on file rather than being overwritten.
Citations (2025 FDD)
- [1]Standard initial franchise fee — Item 5 · PDF p. 11
- [2]Item 19 — Locations counted not stated in the reviewed record — Offices with a single franchised business, bottom third, 2024; table drawn from… · PDF p. 43
- [3]Item 19 — Locations counted not stated in the reviewed record — Offices with multiple franchised businesses in the top third for the 2024 calen… · PDF p. 43
- [4]Item 19 — Locations counted not stated in the reviewed record — Offices with multiple franchised businesses, middle third, 2024; table drawn fr… · PDF p. 43
- [5]Item 19 — Locations counted not stated in the reviewed record — Offices with multiple franchised businesses, middle third 2024; table drawn fro… · PDF p. 43
- [6]Item 19 — Locations counted not stated in the reviewed record — Offices with multiple franchised businesses, bottom third 2024; table drawn fro… · PDF p. 43
- [7]Item 19 — Locations counted not stated in the reviewed record — Offices with a single franchised business, top third, 2024; table drawn from 33… · PDF p. 43
- [8]Item 19 — Locations counted not stated in the reviewed record — Offices with a single franchised business, middle third, 2024; table drawn from… · PDF p. 43
- [9]Outlet counts — Item 20, Table 1 · PDF p. 43
"PDF p." is the page in the PDF file; "printed p." is the number printed on the FDD page.
Territory & operations
These are contract disclosures, not confirmation that any territory is currently available.
Legal & agreement
Franchisor financial statements
| Fiscal year | Measure | Reported value |
|---|---|---|
| 2024 | total assets | $2,676,086 |
| 2024 | revenue | $2,456,232 |
| 2024 | net income | $117,028 |
| 2023 | net loss | $248,566 |
| 2023 | total assets | $2,291,336 |
| 2023 | revenue | $1,621,246 |
| 2022 | total assets | $2,457,733 |
| 2022 | revenue | $1,052,951 |
| 2022 | net loss | $108,847 |
These figures describe the franchisor company, not individual franchise locations.
SBA-backed loans to franchisees
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Source: U.S. Small Business Administration 7(a) & 504 FOIA data. Loan volume is not a measure of franchisee success.
Related research
Brands in the same subcategory first, then the wider industry, ordered by shared business format and overlapping investment range. This is not a ranking or recommendation.
Better Homes and Gardens Real EstateCounselor RealtyHHHoward Hanna Real Estate
JPAR Real Estate
Realty ExecutivesHead-to-head comparisons
At a glance
Business history
Not reviewed
Owner participation
Not reviewed
Territory language
Litigation disclosure
Not reviewed
Bankruptcy disclosure
Not reviewed
Agreement term
Not reviewed
Reader notes on wording
Our automated check found that these summaries may not match the FDD's exact wording. Read the FDD excerpt itself; it is the authoritative text. Core cost, fee, Item 19 and outlet figures are not affected.
Item 12 · PDF p. 33 · 2025 FDD
Our summary: Territory protection: Continuation depends on minimum Gross Revenue of $200,000 for the second year and each subsequent year; territory can be modified or protections terminated after failure to meet minimum.
“Continuation of your Designated Territory depends on achieving a minimum of $200,000 in Gross Revenue for the second year of operations and each year thereafter. If you do not meet this minimum, we may serve a notice to cure upon you and terminate your protections in or modify the boundaries of the Designated Territory.”
Note: Supplied quote could not be confirmed on the cited PDF page excerpt.
Independent analysis of franchisor-provided data. Not investment advice. Franopolis does not distribute FDDs.
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