Start-Up Costs and Fees |
||
| Murphy Business | First Choice Business Brokers | |
| Investment | 62350 - 123735 | 61850 - 89750 |
| Franchise Fee | ||
| Royalty Fee | 10% | 10% - 7% |
| Advertising Fee | $250/mo. | |
| Year Founded | 1994 | 1993 |
| Year Franchised | 2006 | 2006 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Murphy Business | First Choice Business Brokers | |
| Experience | The ideal candidate is 35 - 65 years old and meets most of the following criteria: - Is a former business owner - Is a former business buyer - Holds or has held a management level position - Wants to control his or her own destiny - Is self-confident and likes working with people to help them achieve their dreams and goals You don't need business broker experience. We will train you and provide you with the tools you need. | |
Financing Options |
||
| Murphy Business | First Choice Business Brokers | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Murphy Business | First Choice Business Brokers | |
| Training | On-The-Job Training: Mentoring Classroom Training: 92 hours | |
| Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform | |
| Marketing | Ad Templates National Media Regional Advertising Social media Website development Email marketing | |
| Operations | *Franchise can be run from home *Absentee ownership of franchise is NOT allowed. | |
Expansion Plans |
||
| Murphy Business | First Choice Business Brokers | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | 0 |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Murphy Business | |
| First Choice Business Brokers | |
| Franchise Fee | |
| Murphy Business | |
| First Choice Business Brokers | |
| Royalty Fee | |
| Murphy Business | 10% |
| First Choice Business Brokers | 10% - 7% |
| Advertising Fee | |
| Murphy Business | |
| First Choice Business Brokers | $250/mo. |
| Year Founded | |
| Murphy Business | 1994 |
| First Choice Business Brokers | 1993 |
| Year Franchised | |
| Murphy Business | 2006 |
| First Choice Business Brokers | 2006 |
| Term Of Agreement | |
| Murphy Business | |
| First Choice Business Brokers | |
| Renewal Fee | |
| Murphy Business | |
| First Choice Business Brokers | |
Business Experience Requirements |
|
| Experience | |
| Murphy Business | The ideal candidate is 35 - 65 years old and meets most of the following criteria: - Is a former business owner - Is a former business buyer - Holds or has held a management level position - Wants to control his or her own destiny - Is self-confident and likes working with people to help them achieve their dreams and goals You don't need business broker experience. We will train you and provide you with the tools you need. |
| First Choice Business Brokers | |
Financing Options |
|
| Franchise Fees | |
| Murphy Business | |
| First Choice Business Brokers | |
| Start-up Costs | |
| Murphy Business | |
| First Choice Business Brokers | |
| Equipment | |
| Murphy Business} | |
| First Choice Business Brokers | |
| Inventory | |
| Murphy Business | |
| First Choice Business Brokers | |
| Receivables | |
| Murphy Business | |
| First Choice Business Brokers | |
| Payroll | |
| Murphy Business | |
| First Choice Business Brokers | |
Training & Support |
|
| Training | |
| Murphy Business | On-The-Job Training: Mentoring Classroom Training: 92 hours |
| First Choice Business Brokers | |
| Support | |
| Murphy Business | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform |
| First Choice Business Brokers | |
| Marketing | |
| Murphy Business | Ad Templates National Media Regional Advertising Social media Website development Email marketing |
| First Choice Business Brokers | |
| Operations | |
| Murphy Business | *Franchise can be run from home *Absentee ownership of franchise is NOT allowed. |
| First Choice Business Brokers | |
Expansion Plans |
|
| US Expansion | |
| Murphy Business | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| First Choice Business Brokers | |
| Canada Expansion | |
| Murphy Business | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| First Choice Business Brokers | 0 |
| International Expansion | |
| Murphy Business | |
| First Choice Business Brokers | |