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First Choice Business Brokers franchise — is it worth it?

Low risk Growing network Item 19 disclosed

First Choice Business Brokers offers business brokerage services with a relatively low initial investment.

Everything below is free, read straight off First Choice Business Brokers's registered filing, with where the numbers land against business services peers. Weighing First Choice Business Brokers against other options? Get a free shortlist of franchises that fit your budget.

Figures above are as disclosed in First Choice Business Brokers's most recent FDD (registered 2026). Source: Wisconsin Dept. of Financial Institutions — Franchise Registration · filing 640314 — check it yourself. See every other Wisconsin-registered franchise.

How much does a First Choice Business Brokers franchise make?

First Choice Business Brokers is one of the franchisors that answers this on the record: its most recent FDD makes an Item 19 financial performance representation — actual unit earnings figures, disclosed by the franchisor itself. The headline figure is $210,836 in average unit revenue — read it alongside what Item 19 says about which units it covers (often only mature or top-performing locations). See every business services brand that discloses earnings in the Business services franchises with disclosed Item 19 earnings ranking.

First Choice Business Brokers franchise profit vs. revenue

Revenue is not profit. An Item 19 almost always reports sales — what a location takes in — not what an owner keeps. Out of that number come First Choice Business Brokers's 8% royalty, the ad fund, rent, payroll, supplies and debt service. No FDD tells you a First Choice Business Brokers franchise's profit, because profit depends on your site, your rent and how you run it — so treat any "First Choice Business Brokers franchise profit" figure quoted elsewhere as someone's estimate, not a disclosure. On $210,836 of revenue, a 8% royalty alone is about $16,867 a year before any other cost.

First Choice Business Brokers lawsuits & legal history (FDD Item 3)

First Choice Business Brokers's most recently filed Franchise Disclosure Document (2026) discloses no litigation in Item 3. That is a real signal rather than a gap: the FTC Franchise Rule requires a franchisor to disclose material litigation involving itself, its predecessors, parents, affiliates and management, so an empty Item 3 in a current filing means there was nothing it was required to report. It is worth reading alongside the churn numbers — a system can have a clean Item 3 and still be losing franchisees, which is what Item 20 shows.

First Choice Business Brokers closures & failure rate

Before you sign, First Choice Business Brokers will hand you a list of current owners to call as references — and they choose who's on that list. It won't include the owners who quit, got bought out, or were forced out last year. The FDD does report that number, even though the reference list leaves those people off. Below is what First Choice Business Brokers's most recent filing shows, and whether it's normal for a business services of this kind.

The closest thing an FDD has to a failure rate is Item 20 — outlet openings, closures, terminations and non-renewals, reported by the franchisor. First Choice Business Brokers's latest tables show a growing franchised network. Its franchised-outlet closure rate — closures, terminations and non-renewals against outlets — is 1.8%, against a business services median of 3.3% — at or better than the category. Net franchised outlets moved +15 to 128 in the latest reported year.

Who owns First Choice Business Brokers?

First Choice Business Brokers's franchise is offered by First Choice Business Brokers, Inc. — the franchisor named on the cover of its most recently filed Franchise Disclosure Document (2026), and the entity a franchisee actually signs with. That name comes straight off the filing at WI DFI; it identifies the franchisor, not necessarily the ultimate parent company behind it.

Business services franchises at a similar investment level

Anyone weighing First Choice Business Brokers is really weighing it against the other brands their money could go into. These are the closest by total initial investment (FDD Item 7), each with its own FDD-based page.

First Choice Business Brokers franchise — frequently asked