DirectBuy vs First Choice Business Brokers Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of DirectBuy vs First Choice Business Brokers including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
DirectBuy Franchise
First Choice Business Brokers Franchise
Investment $359,000 - $904,000$61,850 - $89,750
Franchise Fee $75,000$45,000
Royalty Fee 22%10% - 7%
Advertising Fee 3%$250/mo.
Year Founded 19711993
Year Franchised 19722006
Term Of Agreement 12 years-
Term Of Agreement 12 years-
Renewal Fee --


Business Experience Requirements

 
DirectBuy Franchise
First Choice Business Brokers Franchise
Experience
  • Marketing skills
  • -

    Financing Options

     
    DirectBuy Franchise
    First Choice Business Brokers Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees Yes/Yes-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support

     
    DirectBuy Franchise
    First Choice Business Brokers Franchise
    Training At regional meetings-
    Support Newsletter, Meetings, Internet, Field operations/evaluations-
    Marketing Co-op advertising, Ad slicks, National media-
    Operations 1% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 9 - 12

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    -

    Expansion Plans

     
    DirectBuy Franchise
    First Choice Business Brokers Franchise
    US Expansion Yes-
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About DirectBuy

    James L. Gagan founded UCC TotalHome in 1971 and began franchising the following year. Based in Merrillville, Indiana, the private company has over 90 locations throughout North America. DirectBuy began with a vision. It was a vision of liberating consumers from the high cost of retail buying; of allowing consumers to buy goods for their homes at manufacturer direct prices plus freight, handling and sales tax; of restoring to families the opportunity to buy the things they need and want at prices they could afford. That was over three decades ago. Today, the vision has materialized into an exceptional opportunity for DirectBuy franchise owners. We provide a proven, replicable system that allows them to realize the results and rewards of their business quickly. DirectBuy is the largest, most successful business of its kind in North America. For homeowners, remodelers and families in general, our centers are a very significant channel of alternative purchasing in North America.

    About First Choice Business Brokers

    DON'T BUY A JOB - GET A LIFESTYLE THAT YOUR FRIENDS WOULD DIE FOR - Why get stuck working some business day-in, day-out without the ability to ever be free - With your own First Choice Business Broker franchise, you have the potential to build your business into a passive income stream, giving you a life! And let's face it, isn't that what it's ALL about? As a Business Broker you will assist business owners to sell their business by matching them with a buyer. You will also build a team of ‘Agents' that will do this for you and leverage your efforts.
    IT'S POINTLESS OWNING A SUCCESSFUL BUSINESS, IF YOU DON'T HAVE A LIFE. This is a business with low overhead, which is easy for you to get started in. It allows you to leverage your time and money through "Agents" that do the work for you. You can have these agents working for you on commission ONLY and THEY do their own marketing and close their own deals (much like in real estate). This is one of the few opportunities whereby the system is designed from the ground-up for you to build a sizeable organization and a passive income, while keeping overheads to a minimum. This could be the last business you will ever need to start!
    BECOME PART OF THE ELITE IN YOUR COMMUNITY - Being a First Choice Business Broker will have you working with the elite level of business owners in your area. This is an executive franchise system that will allow you be a part of an elite group in your community. SYSTEMS - First Choice has created a business system that is second to none in the industry. We have very detailed systems on every aspect of business brokering - built from having listed almost $3 billion dollars of businesses over 13 years.
    MARKETING - It's pointless having a great system unless you are able to get the business! You will have, at your fingertips, proven marketing strategies to grow your business regardless of the economy or external factors.
    TRAINING - You will receive comprehensive training designed to take you from knowing nothing about the business. In fact our training is designed to take you from "0 to 60" in the shortest time possible. With five very full days of training at our corporate offices, to constant follow-up, 24/7 support line help and ongoing coaching - your training will be world-class and second to none!
    BUSINESS BROKERING GETTING READY TO BOOM... This is the most exciting time and opportunity for business brokerage. More than 2,000,000 businesses are sold each year and the Business Broker industry is expected to double over the next 3 years. With the baby boomers moving into retirement, corporate downsizing, and the affordability of starting a small business constantly dropping - creates massive demand for business sales. It's time for you to become part of this in-demand industry by joining the First Choice Team...
    BE YOUR OWN BOSS AND ENJOY THE LIFESTYLE OTHERS ONLY DREAM ABOUT.. If you have the drive to succeed, want to help people, and are a leader, owning a First Choice Business Broker franchise may be the perfect opportunity to create an amazing lifestyle for you and your family. You have nothing to lose and everything to gain by looking closely at this amazing opportunity.

    Take the first step to owning your own business and complete our online form NOW. Submitting a request means you are interested in investing at least US$75,000 into your own franchise. Franchises for sale in all U.S. states in which our Uniform Franchise Offering circular is registered or otherwise effective. Ronald Serota, Attorney.

    #285 in Franchise 500 for 2021.   Not in Franchise 500 for 2020.