Source: Franopolis

First Choice Business Brokers, Inc.

Sources2026 FDD Research
Startup Investment$72,600 to $99,500Source Research · Item 7
FDD Edition2026Sources

What It Costs

Sources
Disclosed Startup Investment$72,600 to $99,500

Your location, business format and operating plan can change the total.

Where Your Startup Money Goes
CostDisclosed AmountSource
TOTAL — range low$72,600 to $99,5002026 FDD · PDF Page 17

TOTAL (Note 10) $ 72,600 $ 99,500

Signs — range low$500 to $1,5002026 FDD · PDF Page 16

Signs $500 $1,500 As agreed As Incurred Outside Suppliers

Training and Kickstart Marketing Fee — range low$14,0002026 FDD · PDF Page 16

Training and Kickstart Marketing Fee(Note 2) $14,000 Lump sum Upon signing Franchise Agreement Us

Office Furniture — range low$1,000 to $5,0002026 FDD · PDF Page 16

Office Furniture, Equipment and Computers (Note 6) $1,000 $5,000 As agreed As Incurred Outside Suppliers

Real Estate Deposit — range low$0 to $1,5002026 FDD · PDF Page 16

Real Estate Deposit and Improvements (Note 5) $0 $1,500 As agreed As Agreed Outside Suppliers

Insurance — range low$1,500 to $2,5002026 FDD · PDF Page 16

Insurance (Note 7) $1,500 $2,500 As agreed As Incurred Outside Suppliers

Vehicle Cost — range low$500 to $1,5002026 FDD · PDF Page 16

Vehicle Cost (Note 8) $500 $1,500 As agreed As Incurred Vendors, Insurance Suppliers

Additional funds — range low$10,000 to $25,0002026 FDD · PDF Page 17

Additional funds - 3 Months (Note 9) $10,000 $25,000 As incurred As Incurred Third party vendors

Line items are shown as disclosed. Some costs overlap or apply to different formats; do not add them together without reviewing the source.

Sources

Key Franchise Fees

Initial Franchise Fee
View Disclosed Terms

You must pay us an Initial Franchise Fee of $45,000 and a Training and Kickstart Marketing Fee of $14,000. You must pay us these fees when you sign the Franchise Agreement. We participate in the (VetFran) Veterans Transition Franchised Business Initiative which provides an opportunity for veterans who want to own a business. If you are a veteran of the U.S. Armed Forces that has been honorably discharged, you may be eligible to receive a discount of $5,000 from the Initial Franchise Fee for a First Choice Business for your first Designated Territory. You must advise us of your

2026 FDD · PDF Page 11 · Item 5

Review Fee Sources
Fees And Payment Terms
FeeDisclosed TermsSource
Transfer to new franchisee$15,000 for a new franchisee2026 FDD · PDF Page 15
Admin support 0–15 active listings monthlyAdministrative Support Fee 0 to 15 Active Listings: $250 per month 16 to 30 Active Listings: $500 per month 31 to 60 Active Listings: $750 per month 61 to 100 Active Listings: $1,200 per month 101 or more Active Listings: $1,500 per month Monthly We may increase this fee annually, provided that such increase will not exceed 10% per year.2026 FDD · PDF Page 13
Brand fund annual increase maximumBrand Fund Contribution $250 per month By the 5 th calendar day of every month If you own more than one Designated Territory, we will require you to pay this amount for each Designated Territory, up to a maximum of five. We reserve the right to increase this fee by 10% per year.2026 FDD · PDF Page 12
Third-party advances monthly interest capLate Fees to Third Parties The amount we pay on your behalf plus monthly interest in the amount that is the lesser of 1.5% or the highest rate permitted by law. With next payment to First Choice If we advance a payment on your behalf due to late payment to a third party, you are responsible to pay us the amount we paid on your behalf plus interest. The interest amount charged may be changed to the maximum rate permitted by law. .2026 FDD · PDF Page 14
Credit card processingCredit card and ACH processing fee 3% of the amount charged for credit card and up to $5 for the ACH At time of charge If you pay any sums to us by credit card or ACH, you agree to pay the processing fee on that charge. FA Sec. 4.5.2026 FDD · PDF Page 13
Monthly minimum royalty from seventh monthRoyalty (Note 2) The greater of: $300 per month or 10% of your Gross Revenue, up to $850,000 during the term of the Franchise Agreement and 8% of Gross Revenue thereafter Within 72 hours of a closed transaction for Gross Revenue attributable to a transaction or by the 5 th calendar day of the month for other Gross Revenue; if you fail to pay the minimum royalty in any month, the difference between the minimum royalty and the royalty actually paid during the month will be due the 5th calendar day of the following month We start collecting the royalty the first month in which you begin generating Gross Revenue. A minimum royalty of $300 will be charged starting in the 7th month after you sign the Franchise Agreement. If you operate multiple Designated Territories, the $850,000 threshold will be calculated based on the combined Gross Revenue from up to 2 contiguous territories that you own; any additional territories will not be included in the $850,000. If you have achieved $850,000 in Gross Revenue during the initial term, your royalty at renewal will remain at 8% of Gross Revenue.2026 FDD · PDF Page 12
Audit underpayment interestAudit Our costs of audit, plus 18% interest (or the highest rate allowed by law) on underpayment. 30 days after billing If we conduct an audit that shows that you have underreported your Gross Revenue to us by more than 2%.2026 FDD · PDF Page 14
Additional office monthly technologymonth per Associate Franchised Business . The Associate pays the Associate Fee beginning 60 days after the Associate completes our training. If you own more than one Designated Territory, and add an additional office, you will be charged $200 for each additional office. We have the right to increase this fee annually, provided that the Technology Fee will not be more than our actual costs to provide the services covered by the Technology Fee plus no more than 10% to cover overhead and administrative expenses.2026 FDD · PDF Page 13
Training and kickstart marketing feeYou must pay us an Initial Franchise Fee of $45,000 and a Training and Kickstart Marketing Fee of $14,000. You must pay us these fees when you sign the Franchise Agreement. We participate in the (VetFran) Veterans Transition Franchised Business Initiative which provides an opportunity for veterans who want to own a business. If you are a veteran of the U.S. Armed Forces that has been honorably discharged, you may be eligible to receive a discount of $5,000 from the Initial Franchise Fee for a First Choice Business for your first Designated Territory. You must advise us of your2026 FDD · PDF Page 11
Admin support 61–100 active listings monthlyAdministrative Support Fee 0 to 15 Active Listings: $250 per month 16 to 30 Active Listings: $500 per month 31 to 60 Active Listings: $750 per month 61 to 100 Active Listings: $1,200 per month 101 or more Active Listings: $1,500 per month Monthly We may increase this fee annually, provided that such increase will not exceed 10% per year.2026 FDD · PDF Page 13
ACH processing up toCredit card and ACH processing fee 3% of the amount charged for credit card and up to $5 for the ACH At time of charge If you pay any sums to us by credit card or ACH, you agree to pay the processing fee on that charge. FA Sec. 4.5.2026 FDD · PDF Page 13
Technology cost overhead capmonth per Associate Franchised Business . The Associate pays the Associate Fee beginning 60 days after the Associate completes our training. If you own more than one Designated Territory, and add an additional office, you will be charged $200 for each additional office. We have the right to increase this fee annually, provided that the Technology Fee will not be more than our actual costs to provide the services covered by the Technology Fee plus no more than 10% to cover overhead and administrative expenses.2026 FDD · PDF Page 13
Initial franchise feeYou must pay us an Initial Franchise Fee of $45,000 and a Training and Kickstart Marketing Fee of $14,000. You must pay us these fees when you sign the Franchise Agreement. We participate in the (VetFran) Veterans Transition Franchised Business Initiative which provides an opportunity for veterans who want to own a business. If you are a veteran of the U.S. Armed Forces that has been honorably discharged, you may be eligible to receive a discount of $5,000 from the Initial Franchise Fee for a First Choice Business for your first Designated Territory. You must advise us of your2026 FDD · PDF Page 11
Royalty gross revenue through thresholdRoyalty (Note 2) The greater of: $300 per month or 10% of your Gross Revenue, up to $850,000 during the term of the Franchise Agreement and 8% of Gross Revenue thereafter Within 72 hours of a closed transaction for Gross Revenue attributable to a transaction or by the 5 th calendar day of the month for other Gross Revenue; if you fail to pay the minimum royalty in any month, the difference between the minimum royalty and the royalty actually paid during the month will be due the 5th calendar day of the following month We start collecting the royalty the first month in which you begin generating Gross Revenue. A minimum royalty of $300 will be charged starting in the 7th month after you sign the Franchise Agreement. If you operate multiple Designated Territories, the $850,000 threshold will be calculated based on the combined Gross Revenue from up to 2 contiguous territories that you own; any additional territories will not be included in the $850,000. If you have achieved $850,000 in Gross Revenue during the initial term, your royalty at renewal will remain at 8% of Gross Revenue.2026 FDD · PDF Page 12
Associate trainingAssociate Training Fee $500 per Associate that you employ or contract. Upon scheduling training Each Associate you employ or contract with must attend our online training (First Choice University) within 30 days of the date that you hire them.2026 FDD · PDF Page 14
Associate monthly technology feeTechnology Fee $350 per month plus $145 per Monthly The Technology Fee begins after you begin operating the2026 FDD · PDF Page 12
Product supplier approval capProduct or Supplier Approval Fee Currently not charged; if imposed you must reimburse us for our costs up to $750 Upon demand You must pay us a fee in an amount we reasonably determine to cover our costs of reviewing and evaluating the requests for approval of products or services.2026 FDD · PDF Page 13
Admin support 31–60 active listings monthlyAdministrative Support Fee 0 to 15 Active Listings: $250 per month 16 to 30 Active Listings: $500 per month 31 to 60 Active Listings: $750 per month 61 to 100 Active Listings: $1,200 per month 101 or more Active Listings: $1,500 per month Monthly We may increase this fee annually, provided that such increase will not exceed 10% per year.2026 FDD · PDF Page 13
Honorably discharged veteran first-territory discountYou must pay us an Initial Franchise Fee of $45,000 and a Training and Kickstart Marketing Fee of $14,000. You must pay us these fees when you sign the Franchise Agreement. We participate in the (VetFran) Veterans Transition Franchised Business Initiative which provides an opportunity for veterans who want to own a business. If you are a veteran of the U.S. Armed Forces that has been honorably discharged, you may be eligible to receive a discount of $5,000 from the Initial Franchise Fee for a First Choice Business for your first Designated Territory. You must advise us of your2026 FDD · PDF Page 11
Royalty gross revenue after threshold and eligible renewalRoyalty (Note 2) The greater of: $300 per month or 10% of your Gross Revenue, up to $850,000 during the term of the Franchise Agreement and 8% of Gross Revenue thereafter Within 72 hours of a closed transaction for Gross Revenue attributable to a transaction or by the 5 th calendar day of the month for other Gross Revenue; if you fail to pay the minimum royalty in any month, the difference between the minimum royalty and the royalty actually paid during the month will be due the 5th calendar day of the following month We start collecting the royalty the first month in which you begin generating Gross Revenue. A minimum royalty of $300 will be charged starting in the 7th month after you sign the Franchise Agreement. If you operate multiple Designated Territories, the $850,000 threshold will be calculated based on the combined Gross Revenue from up to 2 contiguous territories that you own; any additional territories will not be included in the $850,000. If you have achieved $850,000 in Gross Revenue during the initial term, your royalty at renewal will remain at 8% of Gross Revenue.2026 FDD · PDF Page 12
Admin support 101+ active listings monthlyAdministrative Support Fee 0 to 15 Active Listings: $250 per month 16 to 30 Active Listings: $500 per month 31 to 60 Active Listings: $750 per month 61 to 100 Active Listings: $1,200 per month 101 or more Active Listings: $1,500 per month Monthly We may increase this fee annually, provided that such increase will not exceed 10% per year.2026 FDD · PDF Page 13
Admin annual increase maximumAdministrative Support Fee 0 to 15 Active Listings: $250 per month 16 to 30 Active Listings: $500 per month 31 to 60 Active Listings: $750 per month 61 to 100 Active Listings: $1,200 per month 101 or more Active Listings: $1,500 per month Monthly We may increase this fee annually, provided that such increase will not exceed 10% per year.2026 FDD · PDF Page 13
Monthly late interest capLate Payment/Insufficient Funds Fee 9% of the overdue payment plus monthly interest in the amount that is the lesser of 1.5% or the highest rate permitted by law . The day you are late on any payment that you owe to us If any payment(s) are overdue, you must pay us a late fee in addition to the overdue amount. Interest amount charged may be changed to the maximum rate permitted by law. FA Sec. 4.6.2026 FDD · PDF Page 14
Brand fund monthly per territory up to fiveBrand Fund Contribution $250 per month By the 5 th calendar day of every month If you own more than one Designated Territory, we will require you to pay this amount for each Designated Territory, up to a maximum of five. We reserve the right to increase this fee by 10% per year.2026 FDD · PDF Page 12
Late fee overdue paymentLate Payment/Insufficient Funds Fee 9% of the overdue payment plus monthly interest in the amount that is the lesser of 1.5% or the highest rate permitted by law . The day you are late on any payment that you owe to us If any payment(s) are overdue, you must pay us a late fee in addition to the overdue amount. Interest amount charged may be changed to the maximum rate permitted by law. FA Sec. 4.6.2026 FDD · PDF Page 14
Transfer to existing franchiseeTransfer fee $10,000 for an existing franchisee; Due when you transfer ownership of the Franchise Agreement Due at closing of the transfer.2026 FDD · PDF Page 14
Technology monthlyTechnology Fee $350 per month plus $145 per Monthly The Technology Fee begins after you begin operating the2026 FDD · PDF Page 12
Admin support 16–30 active listings monthlyAdministrative Support Fee 0 to 15 Active Listings: $250 per month 16 to 30 Active Listings: $500 per month 31 to 60 Active Listings: $750 per month 61 to 100 Active Listings: $1,200 per month 101 or more Active Listings: $1,500 per month Monthly We may increase this fee annually, provided that such increase will not exceed 10% per year.2026 FDD · PDF Page 13
Combined up to two contiguous territories revenue thresholdRoyalty (Note 2) The greater of: $300 per month or 10% of your Gross Revenue, up to $850,000 during the term of the Franchise Agreement and 8% of Gross Revenue thereafter Within 72 hours of a closed transaction for Gross Revenue attributable to a transaction or by the 5 th calendar day of the month for other Gross Revenue; if you fail to pay the minimum royalty in any month, the difference between the minimum royalty and the royalty actually paid during the month will be due the 5th calendar day of the following month We start collecting the royalty the first month in which you begin generating Gross Revenue. A minimum royalty of $300 will be charged starting in the 7th month after you sign the Franchise Agreement. If you operate multiple Designated Territories, the $850,000 threshold will be calculated based on the combined Gross Revenue from up to 2 contiguous territories that you own; any additional territories will not be included in the $850,000. If you have achieved $850,000 in Gross Revenue during the initial term, your royalty at renewal will remain at 8% of Gross Revenue.2026 FDD · PDF Page 12
Annual conference per person range lowAttendance at annual training, seminar, conference, retreat, or event As set at the time of the event, but typically between $400 to $600 per person 60 days prior to event You will pay us a conference fee in an amount that we determine in our reasonable discretion for you and any Key Personnel to attend the conference. We will not require you or your Key Personnel to attend more than one conference per year.2026 FDD · PDF Page 14
Audit underreporting thresholdAudit Our costs of audit, plus 18% interest (or the highest rate allowed by law) on underpayment. 30 days after billing If we conduct an audit that shows that you have underreported your Gross Revenue to us by more than 2%.2026 FDD · PDF Page 14

Some fees apply only to a specific event or service. These are not all monthly expenses.

Sources
Does This Fit Your Budget?

See how the disclosed startup costs fit your cash, reserves, and financing plans.

Inside The FDD

Sources

Plain-language summaries of the available FDD information. Each summary links to its source, with original excerpts available to review.

Sources

Research Data: Franopolis

The Franopolis report provides the source research. FDD page references identify the supplied excerpts when available.

07Estimated Startup Investment

The FDD estimates a total startup investment of $72,600 to $99,500. Review the listed costs and any conditions before setting your own startup budget.

2026 FDD · PDF Page 17 · Item 7 · View Source

Read Source Excerpts

TOTAL (Note 10) $ 72,600 $ 99,500

2026 FDD · PDF Page 17 · Item 7
Source Notes
Expert Guidance

Find The Right Business For The Life You Want.

You don’t have to compare every brand on your own. A franchise consultant can help narrow your options and work through what ownership would ask of you.

Bring your questions about this brand, your priorities and the kind of business you want to run.

A More Focused Search
  1. Your Role

    Understand the hours, sales and people responsibilities behind the ownership model.

  2. Your Shortlist

    Spend less time sorting through brands and more time on options worth exploring.

  3. Your Market

    Check territory options with franchisors and identify the next questions to ask.