Question 1

How much does it cost to open a First Choice Business Brokers franchise?

Accepted Answer

The total initial investment for a First Choice Business Brokers franchise ranges from $69K to $98K, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the First Choice Business Brokers franchise fee?

Accepted Answer

The initial franchise fee for First Choice Business Brokers is $40K.

Question 3

What are the net worth requirements for a First Choice Business Brokers franchise?

Accepted Answer

Net worth requirements for First Choice Business Brokers are specified in the Franchise Disclosure Document.

Question 4

Does First Choice Business Brokers require a personal guarantee?

Accepted Answer

Yes, First Choice Business Brokers requires a personal guarantee from franchisees. A spousal guarantee is also required.

Question 5

What equipment and inventory costs are involved with a First Choice Business Brokers franchise?

Accepted Answer

Equipment costs for a First Choice Business Brokers franchise range from $1K to $5K.