TradeExit Guide

First Choice Business Brokers review: fees, model and what to ask

First Choice Business Brokers is a franchise network (Main Street). First Choice Business Brokers does not publish its seller fees on the pages we reviewed, so get every fee in writing before you sign.

Updated 2026-09-23 · 2 sources · By the TradeExit Guide team

First Choice Business Brokers at a glance

Founded
1994
HQ
Las Vegas, NV
Model
Franchise, independently owned offices

How First Choice Business Brokers works

A business brokerage headquartered in Las Vegas that franchises offices; its site states each office is independently owned and operated. Founded: 1994, Las Vegas, by Jeff and Linda Nyman. Headquarters: Las Vegas, Nevada.

What First Choice Business Brokers charges

Not published on the pages we reviewed. Ask the local office for its success fee, minimum fee and listing term in writing.

Who it fits and the trade-offs

Good fit ifTrade-offs to weigh
Main Street sellers, especially in markets where First Choice has an established office.Office-by-office variation. Nevada treats business brokerage as real estate brokerage (NRS 645.030), so confirm your agent's license if you are in Nevada or another licensing state.

Before you sign with First Choice Business Brokers (or any broker)

  1. Check licensing in your state

    Several states treat business brokerage as real estate brokerage. Look up your state in our business brokers by state guide.

  2. Ask for comparable closed deals

    Industry, size and timeline of deals the specific person you would work with has closed.

  3. Get the full fee terms in writing

    Success fee, minimums, any upfront or listing fees, exclusivity length and tail period.

  4. Read reviews for patterns, not stars

    Look for repeated specifics (communication, buyer quality, fees charged if no sale) on BBB, Google and forums, and ask for seller references.

  5. Benchmark the price they suggest

    Run our valuation calculator first so a high suggested price does not win the listing by default.

We have no relationship with First Choice Business Brokers and are not paid by any broker or marketplace. Facts come from the sources linked below; figures marked “company claim” are the company’s own and are not independently verified. Request a correction.

Compare with

Transworld Business Advisors reviewFranchise network (Main Street and lower middle market)Sunbelt Business Brokers reviewFranchise network (Main Street and middle market)Murphy Business reviewFranchise network (Main Street and lower middle market)

Want help finding a vetted business broker?

Tell us about your business and what you need. We are building a list of vetted brokers and M&A advisers and will follow up personally with next steps. No obligation.

We are not a broker and do not currently receive payment from any broker. We will not pass your details to anyone without asking you first.

Thanks - we have your details and will follow up by email. We do not sell your information.

Frequently asked questions

Is First Choice Business Brokers legit?

First Choice Business Brokers is an operating franchise network, founded 1994. We have not audited its results; whether it is right for you depends on fit and terms, covered above.

How much does First Choice Business Brokers charge?

Not published on the pages we reviewed. Ask the local office for its success fee, minimum fee and listing term in writing.

Is First Choice Business Brokers a broker?

It acts as an intermediary for sellers. Check which license it holds in your state if your state regulates business brokerage.

Sources

  1. First Choice Business Brokers - Office locations (accessed 2026-09-23)
  2. First Choice Business Brokers Las Vegas - About Jeff and Linda Nyman (accessed 2026-09-23)
Business broker and marketplace reviewsIndependent reviews of Transworld, Sunbelt, Murphy, Empire Flippers, Quiet Light, BizBuySell and more:...Business brokers by stateBusiness broker rules in all 50 states: which require a license (with statutes), state tax on a business...Business broker vs selling it yourselfShould you hire a business broker or sell your business yourself? What brokers do, how they are paid,...Transworld Business AdvisorsTransworld Business Advisors review: how it works, what it charges, who it fits and the trade-offs, from...Sunbelt Business BrokersSunbelt Business Brokers review: how it works, what it charges, who it fits and the trade-offs, from...Synergy Business BrokersSynergy Business Brokers review: how it works, what it charges, who it fits and the trade-offs, from...