FDD-based startup cost, franchise fee, revenue, profit, SBA default rate, and investment risk signals for First Choice Business Brokers using its latest 2026 FDD coverage.
Based on 2026 FDD · 8 filings in corpus · Latest FDD: 2026
Cost and profit at a glance
Based on FDDIQ's FDD corpus, a First Choice Business Brokers franchise shows an estimated initial investment of $73K – $100K. Reported owner economics show $17K. Use the links below to compare the cost, revenue, SBA loan history, and ROI against other franchises before you request the full FDD.
Quick fee read: $45K franchise fee · 10.0% royalty/ad burden. These figures are directional screening data, not a substitute for reading the current FDD and speaking with existing operators.
First Choice Business Brokers requires a total initial investment of $73K to $100K (midpoint approximately $86K), with an initial franchise fee of $45K. The ongoing fee burden is 10.0% (10% royalty plus 0.3% advertising fund). This is below the industry average of approximately 28.4%, leaving more margin for the operator.
According to Item 19 of the 2026 FDD, the median revenue for First Choice Business Brokers locations is $167K. The implied franchisee EBITDA is approximately $17K, based on the margin assumptions disclosed in the FDD. The estimated cash-on-cash return is 19.4% with a payback period of approximately 5.2 years.
First Choice Business Brokers operates approximately 81 franchised units. The SBA 7(a) loan default rate of 0.0% is in line with industry norms of approximately 1.8%.
Prospective franchisees should verify all figures against the most recent FDD, conduct validation calls with multiple existing franchisees, and consult with a franchise attorney before signing any agreement.
Analysis based on 2026 FDD filing. FDDIQ Editorial Team · Methodology
Estimated using sector-average margins. Actual franchise economics vary by location, operator, and market conditions.
Industry averages based on FranchiseIQ corpus benchmarks. ▲ = better than avg, ▼ = worse.
Real lending data from SBA 7(a) loans (2015-2025). 2 loans across 2 states.
Source: SBA 7(a) loan data via FOIA. Default rate = charged-off loans / total originated. Industry avg default rate ~7.2%.
Common questions buyers ask about First Choice Business Brokers, answered from FDD and SBA data.
The total initial investment for a First Choice Business Brokers franchise ranges from $73K to $100K, according to their Franchise Disclosure Document.
First Choice Business Brokers charges a 10% royalty fee on gross sales.
The initial franchise fee for First Choice Business Brokers is $45,000.
There are approximately 81 First Choice Business Brokers franchise locations as of 2023.
The median revenue for a First Choice Business Brokers franchise is $167K, with a cash-on-cash return of 19.4%, according to FDD Item 19 data.
First Choice Business Brokers has an SBA loan default rate of 0.0% based on SBA 7(a) loan data.
Whether a First Choice Business Brokers franchise is worth it depends on total startup cost, royalty burden, FDD Item 19 economics, SBA loan performance, and local operator execution. FDDIQ compares these signals against similar franchises so buyers can screen the opportunity before paying for diligence.
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