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Entrepreneur: Start & Grow Your Business

First Choice Business Brokers

Business brokerage

Background

Founded: 1994 Franchising since: 2005
5420 W. Sahara, #200
Las Vegas, Nevada 89146
Phone:
(702)368-2500


Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 18 0 0 0
2008 16 0 0 0
2007 12 0 0 1
2006 6 0 0 1
2005 N/A N/A N/A 0

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Outside the U.S.: Asia, Australia/new zealand, Canada, Central america, Eastern europe, Mexico, South america, Western europe

Exclusive territories available.

Costs and Fees

Total investment: $63.5K-151.6K
Franchise fee: $27.5K
Ongoing royalty fee: 10%
Term of agreement: Term of agreement not renewable


Type of Financing Available
In-House Third Party
Franchise Fee No Yes
Startup Costs No Yes
Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No

Qualifications
Net worth requirement: $1M
Cash liquidity requirement: $50K


Rankings

Franchise 500® rank:
#466 (2009);