First Choice Business Brokers Franchise
Cost, fees, owner earnings, closure rate and litigation for a First Choice Business Brokers franchise — pulled from the franchisor's own public FDD (2026), not its sales material.
Disclosure honesty
First Choice Business Brokers discloses earnings (Item 19) — but the grade is how honestly. We graded it C.
What their own earnings claim actually says
2025 commission data from 87 franchised territories: avg $44,266/listing, median $20,031. Top third avg $422k-$1.78m; bottom third $39.6k-$123k. 27% met/exceeded average.
What a First Choice Business Brokers franchise actually costs to run
| Fee | Disclosed | Where it comes from |
|---|---|---|
| Initial franchise fee | $45,000 | Item 5 — paid up front, before you open |
| Royalty | 10% of gross sales | Item 6 — charged on revenue, not profit |
| Total recurring fees | 10% of gross sales | Before rent, labor, food or debt service |
| Total initial investment | $72,600 – $99,500 | Item 7 — franchisor's own low/high estimate |
$300/month minimum royalty, 10% capped at $850k; tech $350+$145/associate; brand $250/month.
Royalty and ad-fund percentages are charged on gross sales — an owner pays them whether or not the location is profitable.
First Choice Business Brokers system size and owner turnover
| Total outlets | 128 |
| Ceased operations | 1 |
| Terminated by franchisor | 5 |
| Transferred to new owners | 1 |
| Closure rate | 0.8% of outlets |
1 ceased operations in 2025; 5 terminations in 2025; minimal transfers suggest stability.
From Item 20 of the FDD 2026. Terminations and ceased operations are the franchisor's own count of owners who stopped — the number the sales pitch leaves out.
Is First Choice Business Brokers worth it? — how it compares to 436 similar franchises
| Ongoing fees | 10% of sales | steeper than 74% of other franchises franchises |
| Startup cost | from $72,600 | cheaper than most (median $138,750) |
| Disclosure honesty | Grade C | typical for the category |
| Closure rate | 0.8% of outlets | about average |
| Disclosed lawsuits | 0 | fewer than most |
Benchmarked against every other franchises franchise we've graded from public FDDs — the context the franchisor's pitch never gives you.
Owner take-home for a First Choice Business Brokers
The franchisor's framing: 2025 commission data from 87 franchised territories: avg $44,266/listing, median $20,031. … We reconstruct what an owner actually keeps, from their own FDD.
- Reconstructed owner P&L — net take-home after royalty, ad fund, rent, labor & debt
- Break-even timeline + cash-on-cash ROI
- Full fee stack + required-purchase markups
- Decoded real failure / closure rate
- How it ranks vs comparable franchises
- Validation-call playbook — the exact questions to ask
See a full sample report → · 30-day guarantee
First Choice Business Brokers franchise — frequently asked
- How much does a First Choice Business Brokers franchise cost?
- The FDD lists a total initial investment of about $72,600–$99,500, including a $45,000 initial franchise fee.
- How much do First Choice Business Brokers franchise owners make?
- 2025 commission data from 87 franchised territories: avg $44,266/listing, median $20,031. Top third avg $422k-$1.78m; bottom third $39.6k-$123k. 27% met/exceeded average. We grade this disclosure C for honesty.
- What are the First Choice Business Brokers franchise fees?
- First Choice Business Brokers' FDD discloses a $45,000 initial franchise fee, a 10% royalty on gross sales, for roughly 10% of gross sales in recurring fees before rent, labor, or debt service. $300/month minimum royalty, 10% capped at $850k; tech $350+$145/associate; brand $250/month.
- What is the First Choice Business Brokers franchise profit margin?
- First Choice Business Brokers does not publish a franchisee net-profit margin — almost no franchisor does. What Item 19 actually shows: 2025 commission data from 87 franchised territories: avg $44,266/listing, median $20,031. Top third avg $422k-$1.78m; bottom third $39.6k-$123k. 27% met/exceeded average. Recurring fees alone take about 10% of gross sales, before rent, labor, food or debt service. Margin has to be reconstructed from the disclosure, not read off it.
- What is the First Choice Business Brokers franchise failure rate?
- 1 ceased operations in 2025; 5 terminations in 2025; minimal transfers suggest stability.
- How many First Choice Business Brokers locations are there?
- First Choice Business Brokers' FDD reports 128 total outlets, with 1 that ceased operations in the most recent reporting year and 1 transferred to new owners. Item 20 is where system health shows up before the marketing does.
- Does First Choice Business Brokers have complaints or lawsuits?
- First Choice Business Brokers discloses no material litigation in Item 3 of the filing we reviewed. That's a positive signal, though it covers only what the franchisor is required to report.
- Is a First Choice Business Brokers franchise worth it?
- It depends on the numbers, not the pitch. First Choice Business Brokers scores C on disclosure honesty, carries about 10% of sales in ongoing fees. Get the real owner take-home before you sign.
Own a First Choice Business Brokers? Add your real numbers (anonymous)
We publish only aggregated benchmarks — never your name. Contribute and we'll show you how your numbers compare.
Compare First Choice Business Brokers to similar franchises
See all franchises ranked by disclosure honesty →
Source: MN CARDS 35494-202603-03 (Clean FDD 2026). FranchiseValidate is independent and not affiliated with First Choice Business Brokers or its franchisor. Figures are extracted from the franchisor's own public disclosure document; verify against the current FDD before any decision.