Company: First Choice Business Brokers Utah
Phones: 435-800-4400 ,
Established in 1994, First Choice Business Brokers (FCBB) has evolved into one of the premier Business Brokerage Organizations in the United States, successfully facilitating over $12 billion in sales of small to medium-sized businesses.
Mike and Lynn Lee own and manage the FCBB offices in Utah, Idaho, and Montana with a great team of business broker agents strategically placed in Salt Lake City, St. George, Boise, Pocatello, and Missoula to make sure our clients have local people to deliver great results.
We specialize in bridging the aspirations of both buyers and sellers of businesses. Our offerings include business valuations, strategic market analysis, exit planning, and discreet management of the business sale process from inception to closure.
Our role extends beyond transactions; we pride ourselves on being matchmakers who ensure a harmonious fit between buyers and sellers, crafting strategies that culminate in success for all parties involved.
Whether you're contemplating selling your business or are in search of an enterprise that aligns with your goals, let FCBB guide your journey.
At First Choice Business Brokers, we deliver a professional brokerage experience, specializing in business valuations and building strong buyer relationships.
Recognized as a leading brokerage firm, we are committed to facilitating seamless transactions for both buyers and sellers.
1. Professional Brokerage: Expert guidance through the buying and selling process.
2. Business Valuation: Comprehensive market price analysis to ascertain the true value of your business.
3. Sell Your Business: Now is the perfect time to maximize returns on your investment.
4. Merger & Acquisition Services: Strategic advice and support from experienced M&A advisors.
5. Custom Business Search: With the funds secured, we help you find the ideal business opportunity.
6. Transactional Guidance: Navigate the complexities of buying or selling with confidence and security.
Whether you are considering selling your business or looking to invest, trust us to provide tailored purchasing experiences and professional advice.
Mike Lee heads up the First Choice Business Brokers offices serving local communities in Idaho, Utah and Montana. He brings over 20 years of top-tier sales and business development experience. His background as a VC-funded startup CEO, enhanced by an MBA from the University of San Diego and a bachelor's from USC, equips him to expertly navigate Utah's business market.
Mike and his team specialize in fine-tuning business operations for sale, removing potential barriers to ensure faster transactions and higher sales prices. Their strategic foresight in business growth and exit planning guides both sellers and buyers towards successful outcomes.
Clients benefit from Mike's seasoned approach, which harmonizes seller and buyer objectives for mutually beneficial transactions. His commitment to transparency and strategic planning makes Mike an indispensable asset for those aiming to achieve their business aspirations across the Mountain West region.
Lynn Lee has a robust career spanning over three decades in sales and marketing. Her expertise, honed in the hospitality industry, is now dedicated to aiding small to medium-sized businesses in maximizing their exit value. Renowned for her ability to forge lasting client relationships grounded in trust and integrity, Lynn serves as a beacon of guidance and a trusted advisor in the complex world of business transactions.
Lynn's approach is characterized by a steadfast commitment to her clients' goals, ensuring each business sale is not just a transaction, but a milestone in the journey of both the seller and the buyer. Her keen understanding of market dynamics, coupled with her proven track record in achieving and surpassing budgeted goals, positions her uniquely to assist in finding qualified buyers and negotiating win/win outcomes.
As a business intermediary, Lynn’s focus is on making the selling process seamless and stress-free, while ensuring a smooth transition of the business to its new owner. Her goal is to ensure that both parties leave the table satisfied, with the legacy of the business in capable hands. Her philosophy revolves around creating value that extends beyond the sale, ensuring a return on investment and experience for her clients.
Lynn Lee is more than a broker; she is a partner in your business's journey towards a new chapter, embodying expertise, integrity, and a genuine commitment to your success.
Established 15 Year Old Appliance Repair Business in Treasure Valley, Idaho. Are you ready to step into a thriving business with a proven track record? Look no further! Our one-man appliance repair company has been a trusted name in the Treasure Valley for years. Posting #: 292490 Posted by: Mark Cardoza.
For two decades, this highly regarded commercial HVAC company has built a rock-solid reputation in Southwest Idaho and Eastern Oregon, providing a comprehensive range of services to a wide array of industries. Posting #: 292489 Posted by: Mark Cardoza.
Seize the opportunity to own a thriving online auction platform that has established itself as a leader in Southwest Idaho's business liquidation market since 2015. With over 18,000 loyal customers. Posting #: 292488 Posted by: Mark Cardoza.
This is a rare opportunity to acquire a highly profitable and well-established moving company in the dynamic St. George, Utah market. With a rapidly growing population and strong demand for relocation services, this business has built a trusted reputation for exceptional customer care. Posting #: 292487 Posted by: Mark von Hodenberg.
Step into a well-established catering business celebrated for its fresh, high-quality ingredients, exceptional cuisine, and seamless event coordination. Specializing in weddings, corporate events, concession events and private gatherings, this business boasts a consistent upward sales trend. Posting #: 292486 Posted by: Mike Lee.
Step into a turnkey, high-demand business with a proven track record of success. This specialty dog breeding operation has built a loyal, nationwide customer base, consistently delivering top-quality dogs with seamless shipping and delivery systems in place. Posting #: 292485 Posted by: Mike Lee.
Looking for a profitable, high-demand business with low overhead and strong growth potential? This mobile construction supply service offers a unique and effective solution to contractors in two booming markets of Idaho and Wyoming. Posting #: 292484 Posted by: Mike Lee.
Founded by the current owner's father in the 1950s, this business is a half an acre auto repair shop with several of buildings, a handsome data base and lots of parking. Posting #: 292483 Posted by: Mark Cardoza.
This electric bike sales, rental, and service business is a top player in Washington County's thriving outdoor recreation scene. With two prime locations directly on high-traffic bike trails, it naturally attracts a steady flow of customers no heavy marketing required. Posting #: 292482 Posted by: Mark von Hodenberg.
This established and profitable Asian restaurant franchise has been a local favorite for over five years, offering quality Asian cuisine with a focus on Chinese and Japanese dishes at affordable prices. Posting #: 292481 Posted by: Mark Cardoza.
This well-established concrete lifting business utilizes an eco-friendly polyurethane process that's in high demand. The process allows for quick turnaround and minimal disruption, making it an attractive choice for customers. Posting #: 292480 Posted by: Philip Denton.
Highly profitable retail location. Reduced for quick sale. Established over 20 years. Outlet for dedicated name brand Outdoor Equipment and more. On-site service department. Posting #: 292479 Posted by: Mike Lee.
Jumpstart your success with a cryogenic beaded ice cream route! Includes a trailer, inventory and equipment for 18 sites along with immediate potential for expansion across Idaho and Utah. Posting #: 292478 Posted by: Mike Lee.
This thriving full-service asphalt and paving company in Salt Lake County is experiencing robust revenue growth and boasts a healthy Seller's Discretionary Earnings (SDE). Key employees are committed to staying on, ensuring a smooth transition. Posting #: 292477 Posted by: Mike Lee.
Located in Southern Utah, this established construction firm specializes in high-quality residential and commercial projects. The business benefits from a strong revenue base and operates in one of the region's fastest-growing areas, offering significant potential for strategic growth. Posting #: 292476 Posted by: Mark Von Hodenberg.
Here's your chance to own a long-standing, highly reputable painting company with over 30 years of success in one of Montana's fastest-growing and most desirable markets. Posting #: 292474 Posted by: Mike Lee.
Seize the opportunity to own a highly profitable roofing company with a stellar reputation of five-star customer reviews. This established business features low overhead, high return, and minimal owner involvement. Posting #: 292473 Posted by: Philip Denton.
This highly profitable Vegetation Management Services business (home based) in Southwest and South Central Idaho boasts established government and commercial contracts. Operating seasonally from mid-March to mid-August, it offers significant growth potential by expanding into the fall. Posting #: 292472 Posted by: Mark Cardoza.
Step into a thriving HVAC and plumbing business in Utah with decades of satisfied customers and consistent revenue. Known for its high quality work, this business offers an onsite metal shop for ductwork production, enabling swift project completion. Posting #: 292471 Posted by: Mike Lee.
Step into a thriving boutique with a well-established brand and a loyal customer base. This high-end consignment shop specializes in designer clothing, handbags, and jewelry, offering a curated selection of stylish, gently used pieces Posting #: 292469 Posted by: Mike Lee.
With three years of successful operation, this established franchise in Treasure Valley has earned a strong reputation as a premier provider of high-quality concrete repair, staining, texturing, and polishing services. Posting #: 292468 Posted by: Mark Cardoza.
For over four decades, this well-established residential design and planning firm has been a trusted name in Northern Utah. With a reputation for excellence, the business serves a steady stream of clients, primarily through word-of-mouth referrals. Posting #: 292467 Posted by: Mike Lee.
.jpg)
This established and highly-rated Mexican restaurant presents an incredible opportunity for an entrepreneur looking to step into a thriving business. Posting #: 292466 Posted by: Rin Barrett .
The Veld Group provides a refreshing approach to Business Brokerage, Mergers & Acquisitions and Business Consulting and Valuations. From Your Street to Wall Street, we cater to Main Street Businesses as well as more complex Strategic Firms and Start-Ups.
ServingSouthern California
Cheryl's a restaurant business broker, over 25 years in the bar and restaurant industry coupled with a J.D. Cheryl works tirelessly to create successful strategies and effective negotiations for those who wish to purchase a new or sell an existing bar, restaurant, cafe, or night club. 415-309-2722
ServingCity Of San Francisco
Laundry consulting, due diligence, buyer representation: We preview laundries for you and evaluate them. 28 years laundry industry experience: buying, selling, valuing, retooling, analyzing, consulting services for laundry buyers and entrepreneurs in California. Contact us today about our services.
ServingAll California
If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
ServingAll Of California
Laundry consulting, due diligence, buyer representation: We preview laundries for you and evaluate them. 28 years laundry industry experience: buying, selling, valuing, retooling, analyzing, consulting services for laundry buyers and entrepreneurs in California. Contact us today about our services.
ServingAll California
McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.
ServingSan Francisco Bay Area, North Bay, Central Valley
Financing a business purchase, or getting cash for a down payment can take many forms. Hopefully the options listed below will give you some ideas where you can find the money to buy a California business!
A potential small business owner/seller asks the question: I have a preschool and am thinking about selling it but my lease is ending soon. What would be the best thing to do? Do I renew the contract or do I act the landlord to sign a contract to the new buyer? and is it a good time to sell?
The likelihood of selling a business is often determined by external factors in the marketplace. Here are eight influences on how easy, or difficult it might be when selling a small business. Peter Siegel discusses these factors in a BizBen.com article.
One of the strategies for selling your business to a very cautious buyer is to relate the price to performance of the company in the months after the buyer takes over. Peter Siegel with BizBen.com explains this strategy.
Don't buy a laundry business before reading these 5 tips to maximize your investment. You'll soon be able to buy a laundry with confidence! Peter Siegel, MBA with BizBen.com discusses this topic.
The three most widely used sources of funds for financing business purchase assets are buyer's cash, seller financing, and SBA bank loans. Peter Siegel, MBA with BizBen.com and an SBA loan consultant & placement specialist explains the differences between them.
Since 2011 we have completed an additional 850+ transactions and in total since 1996 when I founded Restaurant Realty Company, we have completed over $1,000,000,000 (billion) of business and real estate transactions.
The following list is broken down as follows. Stage 1 -- Items you need to do before you sign a purchase contract. Stage 2 -- Items you need to complete after you sign a purchase contract, and Stage 3 -- Items you need to do in order to close escrow.
I have found over the years that the biggest obstacle in getting a deal done is the landlord. The landlord either makes the sale and/or lease of the business possible or prevents the transaction from moving forward.
One avenue that has consistently shown promise and potential for budding entrepreneurs is the world of franchise businesses. Buying a franchise business offers individuals an opportunity to step into a proven business model, benefiting from an established brand, operational framework, and support.
Before you buy a dry cleaners small business, read these critical tips about this industry. Discover why a dry cleaner needs to be "green" to be profitable. Peter Siegel, MBA (BizBen ProBuy, ProSell Program Advisor) explores this topic and other helpful strategies on buying a dry cleaning store.
Laundromats undeniably represent a fantastic business opportunity. They offer high returns and require minimal hours, making them an attractive investment. Even during severe economic downturns, laundromats prove resilient as they provide an essential life service, but why do laundromats fail?
For Laundromat investors looking to enter the industry, these are challenging times. This significant industry that is surging due to "smarter" equipment, cleaner spaces, more staff, & the larger payback for offering a better customer experience. But, brokers & sellers have unrealistic valuations.
The coin-operated laundry business has undergone significant changes, evolving beyond its traditional model. Laundromats are now transforming into comprehensive "laundry businesses." This shift reflects a broader approach that goes beyond mere self-service coin-operated machines.
Chuck Post hosts these live FREE online webinars on Buying A Card or Coin Laundry. These webinars occur every Weds at Noon. Have your questions ready for an open and honest discussion about both the Pro & Cons of the Vended Laundry Business. RSVP or for more info phone Chuck at 619-227-5711 direct.
Chuck Post, a leading laundry expert with over 37 years of developing laundries, retooling, and rebranding hundreds of existing laundries, tells investors how to search, find, evaluate, and do good laundry due diligence laundries for acquisition. A must read for new investors & current operators.
Laundry buyers and investors should expect both challenging times and opportunities for success in 2022 and 2023. Chuck Post, Laundry Industry Advisor explores growth opportunities, equipment advances, industry challenges and trends all laundromat buyers and investors should know about.
When investing in a laundry business, there are two methods. One is preferred, but the other is far more common. If you are considering entering into a new industry, like most now entering the laundry industry, you want to have a good understanding of both opportunities. Chuck Post explores both.
The laundry business offers all of those rewards of business ownership, with much fewer headaches than with most other businesses. However buyer beware - Chuck Post, laundry broker and consultant covers several mistakes many first time laundry buyers commit when buying a California laundromat.
Utility rates are on the rise. I am getting calls from laundry owners complaining of the costs, asking for ideas. So what is the answer? What is the best approach in combating these costs? Chuck Post, laundry consultant discusses strategies for keeping coin laundry utility costs under control.
Coin operated laundry for sale (also referred to as a laundromat), which typically can yield a 20% to 30% profit (before taxes, interest, depreciation and amortization) on gross revenues to the owner. Peter Siegel, MBA with BizBen.com discusses this topic on buying small to mid-sized laundromats.
Many Californians want to buy a coin laundry because it's a business that doesn't require full time owner attention and because, as an all cash business, the owner is always paid before the service is provided. But there are a few misconceptions about the business and a buyer should have the facts.
Laundromats and coin operated Laundromats are popular choices among business buyers as they often can be successfully run as an absentee run business. You need to be strategic about when you sell your Laundromat so you don't get taken to the cleaners by a buyer and so that you maximize your profits.
Are you thinking of selling your California vending route? More business buyers than ever before are looking to buy such a business. Peter Siegel, MBA with BizBen.com discusses tips for selling your vending route.
Buying a professional service business, like a dental practice, is one of the most profitable ventures you can enter into if you are considering becoming a small business owner. In this blog, Peter Siegel, MBA discusses six things you need to know about buying a successful dental practice or office.
Entrepreneurs who think they want to buy a towing business need to have some idea of what to look for when examining businesses for sale in this industry. The assets, including tow trucks and perhaps the property where towed vehicles are stored, determine much of the value of this kind of company.
Buying a day care for sale is a dream for many people. Here, you'll learn how to successfully negotiate the purchase of a day care for sale to make that dream a reality. Peter Siegel with BizBen.com covers this topic.
There are several things to consider when placing a value on a preschool. Businesses that are regarded as leading preschools in their area can go for premium prices so know what you have so a potential buyer can't take advantage of your lack of knowledge. Peter Siegel with BizBen.com explains.
How does the laundromat business look as we enter this changing environment? Is it still as easy to operate a laundry and be profitable? Is it still the American Dream Business that it has been known to be? Yes, but… Chuck Post, Laundry Advisor & Consultant initiates this BizBen Discussion post.
We are finding that many laundry buyers and investors are not being given true light to selected elements of value or there are inconsistencies in the interpretation of these elements of value. This common error needs to be addressed. In this BizBen Discussion we address many of those factors.
Chuck Post a laundry consultant, specialty broker, buyer representative & due diligence advisor starts this discussion on why it's important to have an exit strategy in mind while buying a laundromat! He & others explain why this concept is so important for buyers especially in the laundry business.
However all the laundry listings are asking 4X to 5X multiple for an asking price! Is this reasonable, standard? We are are looking buy either a coin or a card laundry and want to pay a "fair" price. What factors go into valuing a laundry business these days? Multiple Advisors answer this question.
When buying an Elderly Care Home what should potential buyers always ask the broker or owner before proceeding? Find out in this Discussion on BizBen. Items buyers of elderly care homes will want to know more about why the seller is moving on, average length of stay, placement fees paid, etc.
A business buyer asks about the viability and purchase of a home health care service and about the future of this industry - Peter Siegel, MBA takes on this question with other ProIntermediaries & Advisors on BizBen regarding the home health care industry and it's future for potential buyers.
I would like to start this discussion and see what other BizBen Users feel about (and possible contribute to this list via a comment and replies below) what items/questions/information buyers should be thinking about during the due diligence and buying process of manufacturing related businesses.
Is a dog grooming business for you? Business broker Joe Ranieri ponders this question with BizBen viewers and answers this question along with other intermediaries and advisors. Some replies cover: brick and mortar vs. mobile, licenses & certifications, maintaining and growing a clientel, etc.
The only time to get an exact and accurate inventory count, and valuation, is at the time the business is being transferred. To do so beforehand, would mean that any merchandise sold after inventory is taken, but before close of escrow - Peter Siegel, MBA with BizBen & others discuss this topic.
Buying a liquor store can present some major challenges to business buyers - a recent client on the BizBen ProBuy Program relates to Peter Siegel, MBA what the major challenges may be when searching for and buying a Californa liquor store business. I welcome other Advisors to weigh in on this topic.
Buying a gas station can be a profitable business. From my experience, here are the pros & cons of buying a gas station that I share with BizBen ProBuy Buyers when they come to me to to get pre-qualified for financing to buy a gas station (with or without real estate). I discuss all these factors.
How much money should you expect to make when buying an automatic car wash? Peter Siegel, MBA (BizBen ProBuy Program Director and Business Purchase Financing Expert) explains with other brokers, intermediaries, and advisors info on this topic.
This is a hard question to answer specifically without any knowledge of the business. What kind of car wash it is (auto, self-serve, or full service)?, How many bays does the car wash have? Is there any other streams of revenue? We discuss this topic regarding car washes on this BizBen Discussion.
Before purchasing a car wash (quick serve or full serve) you must understand that the industry as a whole will provide you with plenty of competition. More importantly, depending on what your interests are, you will identify what type of car wash you want. We discuss this all in this Discussion.
Doing due diligence when buying any type of business is extremely important. Regardless of what type of business you are buying there are certain things you will always look at such as, financials, equipment, legal issues etc. We take a look at several angles for optimal gas station due diligence.
In this Discussion, we define financing options available to potential restaurant buyers when purchasing a small to mid-sized restaurant business (with or without real estate). When it comes to financing a restaurant purchase, potential restaurant buyers have several options to choose from.
Buying a small to mid-sized restaurant can have many pitfalls, and potential restaurant buyers should know how to avoid getting burned! Several restaurant advisors weigh in with (Peter Siegel, MBA at BizBen) and discuss tips for buying a restaurant in California.
Was chatting with a potential buyer of a restaurant in our BizBen ProBuy Program and he asked me what he should look for in due diligence when he finally did find a restaurant he was interested in. Peter Siegel, MBA with BizBen and others on BizBen explore this topic.
Ice cream shops are a favorite with buyers of small businesses, but many times don't know what to look for when seeking a purchase of a shop. Joe Ranieri and other intermediaries and advisors share their experience and expertise to potential ice cream shop owners. Explore these tips to learn more.
For those who don't know, a non-compete agreement is a contract between a buyer and seller of a business, which after the sale, prohibits the seller from engaging in direct competition with the business they previously sold. Joe Ranieri (Business Broker) adds this topic to a BizBen Discussion Post.
In our BizBen.com June 2021 Monthly Report the top ProIntermediaries and ProAdvisors on BizBen offer their thoughts about the current status of the business for sale marketplace with trends and predictions for Business Buyers, Owner/Sellers, Business Brokers, Agents, Advisors in the near future.
Sometimes business brokers just can't win with their clients, because if an offer comes in too fast & too early then they must have lowballed the price & the seller is suspicious, and if not enough offers come in after putting the business on the market - they may look unproductive to their clients.
As the year winds down, it's tempting for business brokers to go through their old files and throw them out to make room for new client's folders, but that would be foolish. Joe Ranieri (Orange County Business broker) discusses strategies for saving files - a key annual strategy for brokers/agents.
