How much does a First Choice Business Brokers franchise cost?
The 2026 estimated initial investment is $72,600 to $99,500 for one First Choice Business Brokers unit franchise. That range includes $59,000 paid to First Choice Business Brokers, Inc. at signing: a $45,000 Initial Franchise Fee and a $14,000 Training and Kickstart Marketing Fee. The balance covers training travel, premises choices, office setup, insurance, vehicle access and three months of Additional Funds.
Applicable disclosure: 2026 FDD, Item 7, pp. 15-17.
This is one range for the unit franchise. It spans a home-office starting point through an approved professional office of at least 600 square feet; it is not a separate multi-unit or area-development estimate.
Data basis. Legal franchisor: First Choice Business Brokers, Inc., a Nevada corporation owned by JLN Enterprises, LLC. FDD issuance date: March 12, 2026. Core sources: Items 5, 6 and 7, with cost-relevant provisions from Items 8, 10, 11 and 17. Information checked July 19, 2026. No matching 2026 FDD was located on an official franchise-controlled website, so FDD references in this article are unlinked Item/page citations. Current public context is available through the official U.S. franchise information and the franchisor's franchise-offering legal notice.
Sources: 2026 FDD, cover; Item 5, pp. 10-11; Item 6, pp. 11-15; Item 7, pp. 15-17.
What is included in the $72,600-$99,500 investment?
The Item 7 total combines two fixed payments to the franchisor with eight variable opening-cost categories. The largest fixed commitment is the $59,000 due at signing. The largest variable category is Additional Funds of $10,000 to $25,000 for the first three months.
The $59,000 contract payment is fixed. Other Item 7 costs expand from $13,600 at the low end to $40,500 at the high end.
$72,600
$99,500
Derived calculation from official figures: $72,600 - $59,000 = $13,600; $99,500 - $59,000 = $40,500. Source: 2026 FDD, cover and Item 7, pp. 15-17.
| Cost group | 2026 amount | When paid | Payee / basis |
|---|---|---|---|
| Initial Franchise Fee | $45,000 | Upon signing the Franchise Agreement | First Choice Business Brokers, Inc. |
| Training and Kickstart Marketing Fee | $14,000 | Upon signing the Franchise Agreement | First Choice Business Brokers, Inc. |
| Training travel and living | $100-$1,500 | As incurred | Outside suppliers |
| Rent, deposit and improvements | $0-$3,500 | As incurred or agreed | Landlord and outside suppliers; combines two Item 7 lines |
| Signs, furniture, equipment and computers | $1,500-$6,500 | As incurred | Outside suppliers; combines two Item 7 lines |
| Insurance | $1,500-$2,500 | As incurred, before operations | Approved insurer; required coverage applies |
| Vehicle access | $500-$1,500 | As incurred | No required purchase or lease, but site-visit access is necessary |
| Additional Funds - 3 Months | $10,000-$25,000 | As incurred | Third-party vendors and working-capital uses |
Source: 2026 FDD, Item 7, pp. 15-17. Combined rows above preserve each official line amount while reducing table density.
Bars use a common $0-$25,000 scale. Exact low and high values appear with every category.
Official disclosed ranges; no midpoint or typical value has been created. Source: 2026 FDD, Item 7, pp. 15-17.
The high end is driven mainly by Additional Funds and office setup, not by a higher franchise fee. A home-office launch can reduce rent and premises deposits, but it does not remove the $59,000 contract payment, required technology, insurance or working-capital needs.
When is the money paid?
Most of the franchisor-directed opening cash is due immediately: $59,000 when the Franchise Agreement is signed. The remaining Item 7 costs are paid as incurred or as agreed with third parties before and during the first three months of operation.
Sign the Franchise Agreement
Pay the $45,000 Initial Franchise Fee and $14,000 Training and Kickstart Marketing Fee. Under the base agreement, both are fully earned and nonrefundable at signing. The franchisor does not finance them.
Complete training and secure operating basics
The franchisee and Key Personnel must complete initial training no more than 30 days after signing. Travel and living expenses are incurred only if an in-person component is required.
Order required materials before opening
The Franchise Agreement requires the minimum initial inventory of brochures, business cards, products, equipment and software to be ordered at least 30 days before opening. These purchases are included within Item 7 rather than added automatically on top.
Open within the contractual window
The Franchised Business must open within 120 days after the Franchise Agreement is executed unless First Choice Business Brokers, Inc. agrees otherwise in writing.
Fund the first three months and begin recurring payments
Additional Funds cover three months of specified pre- and post-opening expenses. Royalty collection begins in the first month with Gross Revenue; the $300 minimum royalty begins in the seventh month after signing.
Sources: 2026 FDD, Items 5 and 7, pp. 10-17; Item 11 and Franchise Agreement Sections 5.1, 5.2 and 6.1, including the 30-day training requirement and 120-day opening deadline.
State-specific addenda can alter the base payment timing. For example, the North Dakota addendum defers the Initial Franchise Fee and Training and Kickstart Marketing Fee until the franchisor has completed its pre-opening obligations and the franchisee has commenced operations. A buyer should apply the addendum for the state where the offer and unit are located.
Which fees continue after opening?
The continuing cost structure has four central components: Royalty, Brand Fund Contribution, Technology Fee and Administrative Support Fee. Associate headcount, active listings, additional offices and additional Designated Territories can increase the monthly amount.
| Ongoing fee | Amount / basis | Timing | Cost driver |
|---|---|---|---|
| Royalty | Greater of $300 monthly or 10% of Gross Revenue up to $850,000; 8% thereafter | Within 72 hours of transaction Gross Revenue or by the fifth day for other Gross Revenue | Gross Revenue and the disclosed threshold; $300 minimum starts in month seven |
| Brand Fund Contribution | $250 monthly | By the fifth calendar day of each month | Charged per Designated Territory, up to five; may increase 10% annually |
| Technology Fee | $350 monthly | Monthly after operations begin | Base system charge; annual increases are contractually limited by actual cost plus stated overhead |
| Associate technology charge | $145 monthly per Associate | Begins 60 days after the Associate completes training | Number of Associates |
| Administrative Support Fee | $250-$1,500 monthly | Monthly | Active Listings: 0-15, 16-30, 31-60, 61-100 or 101+ |
Source: 2026 FDD, Item 6, pp. 11-12. “Gross Revenue” uses the broad definition and limited exclusions stated in Item 6; this article does not convert the percentage royalty into an annual dollar estimate.
How does the Administrative Support Fee scale?
The fee rises in fixed monthly tiers as Active Listings increase: $250 for 0-15, $500 for 16-30, $750 for 31-60, $1,200 for 61-100 and $1,500 for 101 or more. Item 6 allows annual increases of no more than 10%.
- Lowest disclosed tier
- $250 per month for 0-15 Active Listings.
- Middle disclosed tier
- $750 per month for 31-60 Active Listings.
- Highest disclosed tier
- $1,500 per month for 101 or more Active Listings.
- Annual adjustment
- The franchisor may increase the Administrative Support Fee by up to 10% per year.
The 2026 FDD does not publish a separate multi-unit Item 7 investment range. It does disclose continuing effects: the Brand Fund Contribution applies per Designated Territory up to five, the $850,000 Royalty threshold combines Gross Revenue from no more than two contiguous territories, and an additional office can add $200 to the Technology Fee. The official site separately describes Single Unit and Multi Unit paths, but a buyer should obtain the exact multi-territory fee schedule in writing.
How do home-office and professional-office choices affect the range?
First Choice Business Brokers uses one Item 7 range for its unit franchise, but the premises assumptions differ. The low end assumes no office. The high-end rent assumption uses an approved office of at least 600 square feet, generally in a shared office building or standalone space.
One unit model, three practical premises paths
The 2026 FDD permits a home office when the franchisee has no Associates, allows a virtual office initially and encourages a professional physical office as the business builds a team. Every selected location must be approved and located within the Designated Territory.
Home office
Supports the $0 low-end rent assumption when there are no Associates. Insurance, technology, signs, vehicle access and other Item 7 obligations still remain.
Virtual office
Permitted initially, with a unique business address encouraged. The FDD does not provide a separate virtual-office total.
Dedicated office
High-end rent assumes at least 600 square feet. Deposit and improvements may add $0-$1,500, and the FDD warns that local premises costs vary substantially.
Additional office
For an owner with more than one Designated Territory, adding another office triggers a disclosed $200 Technology Fee charge per additional office.
Sources: 2026 FDD, Item 7, pp. 15-17; Item 8, pp. 17-20. The franchisor also markets the concept as a home-based franchise format.
The official franchise FAQ uses the shorthand “no inventory” and “no equipment requirements.” The current FDD is more specific: Item 7 includes $1,000-$5,000 for Office Furniture, Equipment and Computers, while Additional Funds include minimum initial brochures, software and other required items. For cost planning, use the 2026 FDD rather than the website shorthand. The official franchise FAQ should be read alongside the current disclosure.
What do the three months of Additional Funds cover?
The $10,000-$25,000 Additional Funds line is already included in the $72,600-$99,500 total. It covers three months of pre- and post-opening expenses, not an extra amount to add again.
- Included uses: initial employee wages, utility deposits, accounting fees, legal fees, licenses, permit costs, sales taxes and specified membership dues.
- Operating uses: electricity, telephone, heat, internet service and setup, paper, cleaning and other supplies.
- Required opening materials: minimum initial brochures, software and other items required before opening.
- Excluded personal funding: the Item 7 figures do not include managerial salary or owner draws because the estimate assumes the owner is the full-time manager.
- No sufficiency assurance: the FDD states that additional working capital may be needed during the start-up phase or later.
Source: 2026 FDD, Item 7, p. 17.
The Item 7 note references do not align cleanly from the Insurance row onward, and the notes include a “Pre-Opening Marketing” paragraph without a separate amount in the visible table. The published $72,600-$99,500 total nevertheless reconciles to the listed line items. A buyer should ask the franchisor to identify exactly where any additional pre-opening advertising spend is classified.
Are liquid capital or net worth minimums disclosed?
No numeric liquid-capital or net-worth minimum appears in the 2026 FDD. The official ideal-candidate page says prospective franchisees should have access to liquid capital sufficient to purchase and establish the business, but it does not state a dollar threshold. Net worth is not the same as investable cash, and neither should be substituted for the Item 7 total.
- Liquid Capital
- The official candidate page requires access to liquid capital but publishes no numeric minimum. Confirm the current underwriting standard directly.
- Net Worth
- No franchisee net-worth threshold is disclosed in the 2026 FDD. Directory figures should not be treated as official requirements.
- Personal Guarantee
- Individuals with an ownership interest must sign the Guaranty, Indemnification and Acknowledgement attached to the Franchise Agreement.
- Financing
- Item 10 states that the franchisor offers no direct or indirect financing and does not guarantee notes, leases or other obligations.
The current qualification wording can be checked on the official ideal-candidate page. Because Item 10 discloses no franchisor financing, any third-party funding should be evaluated independently; the U.S. Small Business Administration franchise-purchase guidance explains general due-diligence considerations but does not establish brand-specific loan approval.
Sources: 2026 FDD, Items 10 and 15, pp. 22 and 35-36; official candidate information checked July 19, 2026.
Which discounts or conditional fees can change the amount?
An eligible honorably discharged U.S. Armed Forces veteran may receive a $5,000 discount from the Initial Franchise Fee for the first Designated Territory, provided the franchisor is advised before the Franchise Agreement is signed. The discount affects that fee only; the FDD does not publish a separate discounted total investment range.
The program is identified as the Veterans Transition Franchised Business Initiative, commonly known as VetFran. The official VetFran resource describes the broader veteran-franchising program; eligibility for this specific $5,000 incentive is governed by the First Choice Business Brokers FDD.
Sources: 2026 FDD, Item 5, pp. 10-11; Item 6, pp. 12-14; Item 17, pp. 36-40.
What obligations may not fit neatly into the opening range?
Item 7 is an opening estimate, not a ceiling on later spending. Item 8 requires approved systems, website services, computer compatibility, insurance and ongoing maintenance or replacement of business equipment. Item 17 can require then-current contract terms and training at renewal or transfer.
- Required-purchase share: Item 8 estimates required purchases and leases at 10%-20% of initial establishment costs and 15%-25% of ongoing operating costs. These percentages describe a share of costs; they are not extra percentages to add to Item 7.
- Computer and website systems: the franchisee must install and maintain required Communications and Information Systems, use the franchisor's website services and use compatible hardware and software.
- Insurance limits: required coverage includes errors and omissions and general liability at $1,000,000 per occurrence, plus stated vehicle limits and any coverage required by state law.
- Replacement and refurbishment: the franchisor may require additions, alterations, repairs and replacement of obsolete signs, furniture, fixtures, equipment and decor.
- Renewal: the initial term is 10 years. Renewal requires good standing, payment of monetary obligations, then-current qualification and training standards and execution of the then-current Franchise Agreement, which may contain materially different terms.
Sources: 2026 FDD, Item 8, pp. 17-20; Item 17, pp. 36-40.
What should a buyer verify before relying on the range?
The most important verification is not a midpoint; it is the exact cost contract for the intended territory, premises model, staffing plan and state addendum. The 2026 FDD supplies ranges but leaves several buyer-specific variables unresolved.
- Confirm whether the planned launch qualifies for a home office, virtual office or approved dedicated office, and obtain written approval for the location.
- Request the current numeric liquid-capital and any net-worth underwriting standards, because the public official candidate page gives no dollar amount.
- Model Associate Training Fees, per-Associate Technology Fees, Administrative Support tiers and any additional-office charge using the actual staffing plan.
- Ask the franchisor to classify any pre-opening marketing spend beyond the $14,000 Training and Kickstart Marketing Fee, given the Item 7 note-reference inconsistency.
- Check state licensing, real-estate-license, franchise-broker registration, insurance and permit obligations without replacing the FDD range with unsupported local estimates.
- Obtain the latest FDD and applicable quarterly updates before signing. The FTC Consumer's Guide to Buying a Franchise explains the 14-day disclosure period, and the FTC Franchise Rule describes the federal disclosure framework.
What is the capital takeaway?
For one First Choice Business Brokers unit franchise, the verified 2026 starting range is $72,600-$99,500. The fixed $59,000 signing payment is distinct from the $10,000-$25,000 Additional Funds reserve and from the continuing Royalty, Brand Fund Contribution, Technology Fee and Administrative Support Fee. The main opening-range variables are working capital, premises and office setup; the main post-opening variables are Gross Revenue, Active Listings, Associates, offices and Designated Territories. The largest unresolved buyer-specific questions are the franchisor's current numeric capital qualification and the exact cost treatment for a multi-territory or larger-team plan.
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