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From business brokerage to mergers and acquisitions; we are the business sale specialist!

We are business owners, just like you!

From business brokerage to mergers and acquisitions; we are the business sale specialist!

National Reach, Local Expertise

Connecting Entrepreneurs with Opportunities Across North America

Why First Choice Business Brokers Kansas City?

The World’s Authority in Business Sales

Founded almost three decades ago, First Choice Business Brokers has become one of the largest Business Sales Organizations in the U.S., listing over $12.5B in businesses for sale, holding an extensive network of business brokers across the nation to assist in buying or selling and business. We are helping those in your area, home of the Royals, the Kansas City Chiefs, and legendary BBQ.

Our Business Broker Professionals have diverse backgrounds, including accounting, banking, and real estate, and receive comprehensive training and continuing education from First Choice University. Our Business Sales Experts are well-versed in business evaluation, business sales, business marketing, and buy/sell negotiations to satisfy buyers and sellers alike. Our exclusive business listings are obtainable through only our First Choice Business Sales Professionals. We are large enough to offer buyers the widest selection of businesses nationwide and offer sellers individual attention in the local markets in Jackson, Clay, Platte, and Cass counties.

Selling a business is a unique process incomparable to selling or buying a residential property. You are best served by a Business Sales Professional when selling your business, specifically a First Choice Business Broker specializing in business sales

Six Checks Before Hiring a Business Broker in Kansas City

1. Years Of Experience

In the world of business brokers, experience is an important attribute. FCBB has 40 years of combined experience to maximize the success of your sale in Kansas City.

2. Business Valuation Method

What you're looking for here is the transparency of the process. As a client, you need to be privy to the method used for evaluating your business. You need to know how they come up with a number. The more they're willing to divulge, the more trust you can build with them.

3. Experience With Similar Businesses

An important question you have to ask your broker in Kansas City is if they have worked with other companies similar to yours. A smooth sale will take place if they have domain experience. They can also tap into their earlier buyers pool, which can help.

4. Number Of Businesses Sold

Experience is one thing, but the number of businesses sold is another equally important figure. Knowing how many companies they've sold helps you understand how good they are at closing deals. It also gives you insight into how effectively they have worked with past clients.

5. Location Of Their Office

When you want to sell your hard-earned business, you want a broker who works out of an office. You don't want a broker that works out of their apartment regardless of the deals they offer. When a business broking agency has its own office, it signifies success.

6. Their Success Ratio

The last thing you must know is their success ratio. Define the success ratio as the number of businesses sold divided by the total number of businesses consulted. This number should be high for maximum chances of success for your business.

Benefits of Hiring a Business Broker

1. Accurate Business Valuation

One of the most important benefits of hiring a business broker is accurate valuation. As a business owner looking to sell their business, you want the correct value and get the best out of your decision to market your business to the correct party.

2. Save Time And Effort

Few people know how much time and effort goes into selling a business. It can be challenging with many common pitfalls that impact a successful transaction. If you want to sell your business in Kansas City, get in touch with First Choice Business Brokers, we can help you out.

3. Huge Amount Of Experience

A business broker to work your business deal sets you up with a huge advantage right from the start. Buyers often prefer working with a broker. A broker brings your market experience to the table and gives you valuable insights into positioning your business to maximize the sale. A broker translates seemingly impossible demands into simple, step-by-step tasks for successful problem-solving.

4. Non-Disclosure Agreement

As someone new to the selling game, you might not be aware of all the nuances of the market. When selling your business, confidentiality becomes a big part of the process. A business broker can handle privacy and other issues to protect your business and get you the best price.

5. Comprehensive Details, Specific to Your Market

There are important details to pay attention to when you sell your business. These might be difficult to contend with if you're not used to the process. Hiring a business broker for your Kansas City business ensures that you have every detail covered at the time of sale.

6. Fruitful Negotiation

Negotiation is pretty challenging because there are buyers who know how to apply pressure during the sale. The expertise of a business broker can come in handy for you. If you don't see what you're doing, you could be leaving money on the table.

Business Broker - FAQs

1. What Is A Business Broker?

A business broker is an individual or company that assists in the purchase and sale of companies. Business brokers are licensed and certified to handle certain aspects of the business sale for the owner. Hiring a business broker can considerably maximize a successful sale.

2. Can My Business Be Sold?

Yes, you can sell every business for the right price and to the right people. You can always talk to a business broker to sell it if you own a business. They will find you qualified leads to buy your business, submit paperwork correctly and fulfill any licensing or permit requirements. 

Hiring a business broker is essential to ensure that you have a smooth sale. Doing this alone can quickly become an expensive affair that zaps all your time and effort. A percentage of the final transaction pays a broker's commission.

3. Does Selling My Business Require A Broker?

The simple answer is yes; you can sell your business without a broker. But, the fact is there are many common pitfalls. You can land trouble with incorrect transactions or buyers wearing down the seller to lower the price. 

Hiring a business broker ensures that all your bases are covered when discussing legalities. They can also help to protect you and negotiate the correct rate for your business.

4. What Is The First Step I Should Take To Sell My Business?

Ideally, the first step is to talk to an experienced broker. In Kansas City, First Choice Business Brokers have 40 years of combined experience for a turnkey experience selling your business. 

You don't have to worry about paperwork or negotiating with potential buyers. We take care of everything and resolve the sale as quickly as possible.

5. What Is Dual Agency?

A dual agency is when another entity is authorized to act on your behalf. It makes claims to mediate deals quickly for your business but might result in lousy negotiation tactics and is, in fact, illegal in some states. A dual agency is not desirable when brokering deals as there is potential for causing harm to one or both parties.

6. Why Should I Hire You?

Reasons to hire First Choice Business Brokers and benefit your business in Kansas City;

● 40 years of combined experienced
● We are transparent about our process
● Our interest lies in your success
● We have sold businesses in your area
● Our clients trust us

7. Where Can I Find More About A Business Brokerage?

The best way to find out more about a company is to search online or check their website. Online reviews give you a good picture of what to expect from your brokers. Visit our website to learn more about how we can deliver results on our homepage.

8. How Does A Business Broker Value A Business?

The best answer is that it depends on the broker you have hired. Each broker develops its method. A typical broker reaches out to their vast number of contacts and then fixes the sale. Most times, it's as simple as that. First Choice Business Brokers has developed a process combining the most successful valuation systems over the past 40 years.

9. Do You Have An NDA For Buyers?

Yes, at First Choice Business Brokers, we ensure that every prospective buyer for your business signs a Non-Disclosure Agreement. Details of transactions are not public, protecting your business. A good buyer is attracted to an NDA for their protection as well.

10. What Are The Average Fees Charged By A Business Broker?

Fees depend on the agency hired and the specifics of each sale. You should ask the company about their rates before signing an agreement with them. Most rates start from 5 - 6% and go upwards.