First Choice Business Brokers
Business & Professional Services · Financial Advisory
- Active units
- 109
- Royalty
- 10.0%
Franchised, year-end 2024
of weekly Net Sales
About First Choice Business Brokers
First Choice Business Brokers (FCBB) is a reputable brand offering expert services in buying and selling businesses. With a nationwide network of Business Sales Professionals, FCBB has established itself as one of the largest organizations in the U.S. Whether you are a buyer or a seller, FCBB guides you through the entire process, making it easier and less overwhelming. They have listed and managed the sale of over $10.5 billion in businesses for sale since their establishment in 1994. Buyers can enjoy a wide selection of businesses for sale across the country, while sellers can expect personalized attention in their local market. FCBB is a proud member of the International Franchise Association, the Canadian Franchise Association, and the International Business Brokers Association. Consider FCBB as your first choice when it comes to buying or selling a business.
Key terms
- Franchise fee
$40k
- Brand fund
250.0% of Net Sales
- Veteran discount
5000.0% off franchise fee — VetFran discount of $5,000 off the Initial Franchise Fee for first Designated Territory
Brand Percentile Rankings
Rankings compare brands in the same operating year. Fee and investment figures come from the FDD (2026 filing).
Growth
- Total locations128
Franchised units open at year-end
- New openings25
Gross new units opened during the calendar year
- 1-year unit growth rate17.4%
Net unit growth versus prior year
- 3-year unit CAGR25.7%
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio5.0×
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)—
Per FDD Item 19 disclosure
- Annual unit volume (25th percentile)—
Per FDD Item 19 disclosure
- Annual unit volume (75th percentile)—
Per FDD Item 19 disclosure
- 1-year Median AUV growth rate—
Year-over-year change in median AUV
- Store-level EBITDA Margin—
Median unit-level EBITDA / AUV
Investment profile
- Estimated initial investment$86k
Midpoint of estimated initial investment range
↓ Lower is better - Time to open45 months
Midpoint of average time from agreement to opening
↓ Lower is better - Royalty rate10.0%
Percent of net sales paid to the franchisor
↓ Lower is better - Sales-to-investment ratio—
Median AUV / estimated initial investment midpoint
- Cash-on-cash returns—
Median unit-level EBITDA / estimated initial investment midpoint. Steady-state estimate; year 1 returns will be lower as the unit ramps to median volumes.
Franchisee healthLocked
- Unit closure ratio
- Transfer vs. closure ratio
- Percent multi-unit franchisees
- Litigation rate
- EBITDA multiple on sales & transfers
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Location footprint
Showing 82 of 310 mapped locations
Sources
Financial and operating figures are sourced from the brand's Franchise Disclosure Documents. Brand percentile rankings are based on comparisons to other brands that include the same metrics in their Franchise Disclosure Documents.