First Choice Business Brokers Franchise Review & Verdict (2026)

Product details

Contents

Key facts


The Verdict

Quick Verdict · who it fits

First Choice Business Brokers fits first-time franchise buyers looking for a mid-scale real estate concept.

✓ Strengths

Key FDD Facts

The numbers a buyer needs first — straight from the filing.

Initial investment (Item 7)

$73K - $100K

Franchise fee (Item 5)

$45K

Royalty (Item 6)

8–10% + $250 per month ad

System size (Item 20)

128 +25

Years in business

21+ yrs

Model First Choice Business Brokers's costs in the investment calculator → Prefilled from this filing — startup cost, cash flow and break-even.

Data extracted from the 2026 FDD filed with state regulators. Fees and terms may have changed since filing — request the current FDD from the franchisor before deciding. Not legal, financial, or investment advice. Full disclaimer.

What you'd pay the franchisor

Drag to your projected annual sales. Royalty 8–10% on gross sales.

PROJECTED ANNUAL SALES$500,000

$100k$2M

Royalty (8–10%)

Total / year

▪ Of-sales fees only · excludes rent, labor, COGS, and one-time costs · for illustration

Executive Summary

Free AI summary — the first read on the filing.

Key Numbers

128 franchised territories

Total units open

105 franchises

25 new outlets

Units opened last year

2025

1 outlet ceased operations

Units closed last year

2025

19 units

Net unit growth

2025: 109 to 128

AI Due Diligence Findings PREMIUM

What our analysis flagged across the 2026 filing.

4

Risks to review

3

Strengths identified

5

Questions to ask

Industry Benchmarks

How First Choice Business Brokers ranks against 81 Real Estate peers we've analyzed.

Initial investment

67th pct · of 81 peers

Franchise fee

70th pct · of 81 peers

System size

62nd pct · of 81 peers

Real Estate industry averages

Avg investment

$146K - $363K

Avg franchise fee

$32K

Avg system size

273

Franchises analyzed

81

How First Choice Business Brokers stacks up

Closest concepts by category and investment.

Brand Item 19 Fee Investment Royalty Units
First Choice Business Brokers Disclosed $45K $73K - $100K 8–10% 128
Morrison PlusSimilar price Disclosed $60K $49K - $100K 0–7% 18
Re MaxBiggest system None $35K $50K - $337K 2,994
ItripTop-rated in category Disclosed $10K $119K - $153K 4–6.1% 105

Compare side-by-side ↗

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Frequently Asked Questions

How much does a First Choice Business Brokers franchise cost?

First Choice Business Brokers requires a $45,000 initial franchise fee and a total initial investment range of $72,600–$99,500, per the most recent FDD on file.

Who owns First Choice Business Brokers?

First Choice Business Brokers franchises are sold by First Choice Business Brokers, Inc., the franchisor entity of record on its Franchise Disclosure Document. Item 1 of the FDD discloses the corporate structure, including any parent companies and predecessors.

Does First Choice Business Brokers disclose financial performance (Item 19)?

Yes. First Choice Business Brokers discloses Item 19 financial performance representations in its FDD. See the financials sub-page for the disclosed figures.

What ongoing fees does First Choice Business Brokers charge?

Franchisees pay a royalty of 10% of Gross Revenue up to $850,000, then 8% and an advertising fund contribution of $250 per month on gross sales as defined in Item 6 of the FDD.

How many First Choice Business Brokers locations are there?

As of their 2026 FDD, First Choice Business Brokers has 128 total locations, with 25 new locations opened in the most recent reporting year. This information comes from Item 20 of the FDD.

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