The business brokerage market is very different from housing and commercial property markets. People need business brokers who are skilled and experienced to lead them through the maze of buying or selling a business. First Choice Business Brokers (FCBB) is the best option available to any potential business seller or interested buyer. Based in Las Vegas, Nevada, the firm specializes in assisting entrepreneurs in buying and selling businesses across the United States. As a franchise-based business FCBB has agents across the country who are actively engaged in seeking businesses that are for sale and matching those business owners with potential buyers. FCBB is a member of the Canadian Franchise Association, the International Business Brokers Association, and the Las Vegas Chamber of Commerce, and the International Franchise Association. In 2016, Inc.com listed FCBB as one of the top three Boutique Brokers. And noted that FCBB was a top choice for those interested in confidential selling. FCBB was also named M&A Source Top Firm of the Year, 1 Person Category.
FCBB has been featured twice on Entrepreneur’s Annual Franchise 500 List as a top Brokerage brand and as a low-cost investment option. The chain has listed and managed the sales of more than $8.5 billion in businesses for sale. With successful franchises operating across the US, the franchise chain now aims to expand into the international market.
Founders of the Firm
First Choice Business Brokers was established by Jeff Nyman and Linda Hentges-Nyman. In 1996, the firm developed into the largest Business Sales Organization in Nevada and continues to hold that position. Jeff is CEO of the firm and Linda is COO specializing in operations and franchise support. Jeff hails from a background in Accounting, Finance, Life insurance, Banking, and Executive search. Linda’s background is equally impressive with Banking and Executive Search as well as holding several positions in the Nevada Business Brokers Association. Both Jeff and Linda assisted in writing the NV State Test for the Business Brokerage. FCBB entered the franchise market in 2006. The aim was to spread the knowledge and expertise of the firm and create a lasting legacy.
I help my team achieve their goals and in doing so, I am able to achieve mine and become a better leader – Jeffrey Nyman
Competitive Advantage
FCBB’s services are superior from the rest of the competition. FCBB agents go beyond simply matching interested buyers with the listed business sellers. They ensure that the business listed for sale is carefully evaluated and priced. They help clients negotiate an appropriate value and favorable terms for their listings. The expert team of professionals at FCBB offers clients sound transactional guidance by understanding their specific needs and demands. FCBB agents work relentlessly to get the best value for a listed business. They market the listings through social media channels, email campaigns, telemarketing, investor forums, direct mail, and business to business marketing. This helps increase the reach of the listings and ensures the highest return for the seller.
Services Offered
With FCBB, clients can have access to the best listings for sale across the country. On the other hand, as a seller, the client is ensured individualized attention in his local market. FCBB agents will take the lead at each step of the buying and selling process. From the valuation of a listing to negotiating a contract, FCBB agents are always taking the lead. Apart from offering business custom searches and transactional guidance for clients, FCBB also offers the following services:
- Business Sales: Confidentiality is key for business brokerage services FCBB offers confidential business listing services for clients who wish to sell. Brokers at the firm are experts in the fields of business evaluation, business sales, and business marketing. They help secure the highest value for the client’s listing.
- Buying a Business: By simply signing up for a new listings alert, potential buyers can know when a new business is available for purchase. Potential buyers can choose a business of their liking by modifying search parameters on the FCBB portal.
- Business Valuation: FCBB’s proven methods of valuing and marketing will put the seller’s business in the best possible position to sell.
- Merger and Acquisition Services: FCBB’s M & A Advisors bring robust experience and knowledge to a highly underserved market of lower middle market business owners.
First Choice prides itself on our down to earth strategic integrated approach to the sale of businesses and the results it delivers – Linda Hentges-Nyman
Becoming an FCBB Franchisee
After the initial vetting process is completed, becoming an FCBB franchise owner is quite easy. FCBB offers an initial training program for newcomers. The parent firm also offers ongoing administrative support options to help franchisees run their operations. This includes assistance in the purchase of co-ops advertising, grand openings, field operations, lease negotiation, and marketing materials and deal structuring advice. FCBB conducts monthly educational webinars to keep the franchisees and their agents up to date on new programs and industry changes.
Advantages of Owning an FCBB Franchise
There are several rewards to owning an FCBB franchise. The FCBB business model is a highly scalable one. It can be significantly expanded by hiring commissioned agents. Professionalism and flexibility are essential parts of the FCBB work culture. Moreover, the ‘no-inventory’ clause is equally appealing to new franchisees. With a low investment, experienced professionals can become successful franchise owners. Collaborating with the company also helps initiate the franchisees into a close-knit FCBB community.
Future Calling
Since 1994 FCBB has sold 1,000’s of businesses and professional practices. FCBB is expanding across the United States with franchises and Area Representatives. Master Franchises are also available for international markets.