First Choice Business Brokers breaks into European niche market
Las Vegas franchise company plans offices in Germany and the UK to enlarge its network and make it attractive for European business owners and potential franchisees – Internet platform makes international transactions of small companies practicable
Las Vegas, January 31st, 2008 – First Choice Business Brokers (FCBB), a leading US-American franchise company within business brokerages, now intends to transfer its efficient franchise model to the European market. Starting with the United Kingdom FCBB will expand its business in stages. The initial goal is to launch international offices in Germany, France and Spain. The long-term objective is to expand into other economies of the European Union.
"After fourteen years of experience in small and medium-size business sales we see potential for exponential growth beyond national boundaries – holding the key to growth in our successful franchise system,” declares Jeffrey D. Nyman, CEO of FCBB, and emphasizes: “With the international offices we make our network attractive for European business owners as well as for potential franchisees.”
The progressive networking operates on the basis of a website that showcases the businesses FCBB is working with. Thus the company offers a new way to bring buyers and sellers together without being bound to a certain location. Potential buyers can search for detailed information, such as price, city, sales and income figures.
FCBB’s core strength is sales mediation. The company delivers a standardized venue to accomplish the purchase and disposal of a business, including a variety of services such as screening buyers, scheduling negotiations and evaluating the business. The market evaluation is essential for the whole selling process: Before a company is assimilated into the FCBB network for sale, each seller must undergo a preliminary due diligence review.
The Company
First Choice Business Brokers is a fast-growing global franchisor who assists small and medium-size business owners in valuing their businesses and finding buyers. The customers of First Choice Business Brokers include both franchisees and business owners who want to sell their businesses. FCBB is not a competitor of mergers and acquisitions, because it merely mediates small and mid-size company brokerages. FCBB comes from the most regulated country within the franchising industry (USA) so it can offer its customers a depth of industry knowledge few other companies can. Through franchising, FCBB generates rapid growth – since the formation of the company, FCBB has launched more than a dozen franchises with nearly 100 agents overall.
