First Choice Business Brokers AG
First Choice Business Brokers (FCBB) to be the first Business Broker listed at Frankfurt Stock Exchange
Zürich (euro adhoc) -
US Business Broker headquartered in Zurich started listing in Open Market FCBB accompanies transactions of Small and Medium Businesses (SMB) with the help of specially trained agents
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companies/finances/shares/stock market/Franchise
Zurich/ Las Vegas, November 5th, 2008 - First Choice Business Brokers, headquartered in Zurich and located in Las Vegas, is the first Business Broker listed at a German Stock Exchange. The Franchise Company started the listing at the Frankfurt Stock Exchange in the Open Market in August 2008. The exchange quotation goes along with the international expansion strategy. FCBB facilitates transactions of Small to Medium Businesses (SMB) with the help of specially trained associates. Since its inception in 2005, the company has sold over 20 franchises and trained over 150 agents in the USA.
First Choice Business Brokers´ franchise-system operates on the basis of independent Franchisees in the US and Master Franchisees responsible for a major area outside the US. The Masters sell licenses to individual franchisees who on their part engage specially trained agents for transacting the business sales: bringing business owners and buyers together to negotiate the business purchase in a professional setting. The agent supports company owners with special market evaluations and matches them with potential buyers.
Before a business is assimilated into the FCBB network for sale, each seller must undergo a preliminary due diligence review of the business by the representing agent. All evaluated businesses for sale are then assimilated to the FCBB online platform that gives information concerning purchase price, business model, sales and income figures - while preserving confidentiality. The FCBB online platform connects buyers and sellers cross-nationally and makes sales offers available throughout the world - well in accordance with the international orientation initialized by the listing in Germany.
The management team has over 30 years combined experience specifically in the sale of small to medium-size businesses, and as a result of this, it maintains an outstanding reputation for its straightforward dealings with clientele. Having sold over a thousand businesses in the United States, the management is well-equipped to skillfully train its agents.
FCBB expects to be a leading global player in the range of business brokerages as it has a high number of individual brokers per franchise providing stability for the whole network. Concerning franchise guidelines the company is located in the most regulated country. Therefore FCBB has the background knowledge to break into the less complicated, less-regulated European market. "We see the listing at the Frankfurt stock exchange as steppingstone to primary European markets", states Jeffrey Nyman, CEO of FCBB. "Our company being listed in one of the largest exchanges worldwide manifests our target to expand exponentially within the next years."
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, as it focuses on small and mid-size companies. 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 over 20 franchises and trained over 150 agents.
end of announcement euro adhoc
Further inquiry note:
Press Contact
fr financial relations gmbH
Peter Liepolt
Gutleutstraße 75
60329 Frankfurt a. M.
Germany
Phone: +49 (0) 69 / 95 90 83 -10
Email: p.liepolt@financial-relations.de
Website: www.financial-relations.de
Contact
First Choice Business Brokers
Richard Giannini
5420 West Sahara Ave
Las Vegas, NV 89146
USA
Phone: +1 702 368 2500
Email: richg@fcbbi.com
Website: www.fcbbi.com
Branche: Financial & Business Services
ISIN: CH0034060654
WKN: A0M1MY
Börsen: Börse Frankfurt / Open Market