First Choice Business Brokers - Richmond Virginia

The World's Authority in Business Sales


Expert Buyer and Seller Services for Sales of Main Street and Middle Market Businesses

Get Started

First Choice Business Brokers Richmond Virginia

The World's Authority in Business Sales


Expert Buyer and Seller Services for Sales of Main Street and Middle Market Businesses

Get Started

Selling a Business?

Get the most value for your business with First Choice Business Brokers. Start here

Buying a Business?

First Choice Business Brokers will help you find the perfect business. Start here

Value My Business

Learn how much your business is worth in today's market. Start here

Business For Sale Quick Search

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

The World's Authority in Business Sales

Unmatched Network

Connecting buyers and

sellers nationally

$12.5B in Business Listings

100's of businesses added
to our roster annually

Industry Leaders

Decades of experience in successful business sales

Featured Businesses For Sale

Ready To Invest In Your Future?

A Great Party Equipment Rental Business With Bounce Houses

$285,000
View Details

Lawn Sprinklers and Irrigation systems

$1,650,000
View Details

Garbage Collection

$270,000
View Details

Fully Staffed Prime Convenience Store – Price Reduced

$375,000
View Details

Mobile Train Entertainment Business

$285,600
View Details

Contracting Company HVAC, Electrical, Plumbing, and Water Treatment

$795,000
View Details

Trucking Company

$1,100,000
View Details

Greek Delicatessan and Family Restaurant

$175,000
View Details

Oil Service

$495,000
View Details

Pet Grooming

$115,000
View Details

A Great Party Equipment Rental Business With Bounce Houses

$285,000
View Details

Lawn Sprinklers and Irrigation systems

$1,650,000
View Details

Hello World

We are business owners, just like you!

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

Business Sales

Confidential Listing Services for Business Owners who wish to sell.

Business Valuation

Expert Valuation Services are offered at all First Choice Offices.

Buyer Representation

Our Sales Professionals guide business buyers through the business purchasing process.

Business Search

Finding the right business for your interests, income requirements and location.

Business Sales

Confidential Listing Services for Business Owners who wish to sell.

Business Valuation

Expert Valuation Services are offered at all First Choice Offices.

Buyer Representation

Our Sales Professionals guide business buyers through the business purchasing process.

Business Search

Finding the right business for your interests, income requirements and location.

First Choice Business Brokers, we provide local presence with a national reach.

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

First Choice Phoenix Arizona Location

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    National Reach, Local Expertise

    Connecting Entrepreneurs with Opportunities Across North America

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    Office Locations

    97

    Territories Served

    187

    Business Brokers

    $12.5 B

    In Business Listings

    Latest Business News

    The latest news on buying and selling your business

    Business for sale
    14 Jan, 2024
    Richmond's business landscape, known for its dynamism and entrepreneurial spirit, is poised for an intriguing evolution as we approach 2024.
    Strategies for Selling Your New Business
    19 Dec, 2023
    As we approach the end of 2023, the business landscape in Richmond is bustling with activity and opportunity. In this ever-evolving economic climate, selling a new business requires not only an understanding of the current market trends but also strategic planning to ensure maximum profitability. Richmond's diverse economy, bolstered by sectors ranging from technology to retail, offers a unique environment for business owners looking to capitalize on their investments. The goal of this blog is to arm Richmond's entrepreneurs with effective strategies to enhance the value of their new ventures before stepping into the market for a sale. In today's competitive business climate, it’s not just about making a sale but about making it count. From optimizing operational efficiency to understanding the intricacies of market demand, we'll cover various tactics to help you maximize your business’s worth. Moreover, for those seeking expert advice, FCBB Richmond stands out as a beacon of professional guidance. With their deep understanding of the Richmond market and expertise in business brokerage, they are well-equipped to support business owners through the complex process of selling a business. This blog aims to provide you with insightful strategies and point you towards reliable resources like FCBB Richmond, ensuring you are well-prepared to navigate the challenges and opportunities of selling your business in Richmond .
    Business Valuation in richmond
    23 Nov, 2023
    Selecting the right partner for your business valuation is a critical step that can significantly impact your financial decisions and future strategies.

    First Choice Business Brokers Richmond, Virginia

    The World’s Authority in Business Sales

    Buying or selling your own business can be one of the most difficult aspects of business ownership. With so many businesses for sale and so many prospective buyers, it can be overwhelming just figuring out where to begin. Fortunately, First Choice Business Brokers provides a nationwide network of Business Sales Professionals to help guide you through the buying or selling process.


    Since we were established in 1994, First Choice Business Brokers has grown to become one of the largest organizations in the U.S. specializing in business sales. We have listed and managed the sale of over $10.5 billion in businesses for sale. Buyers and sellers alike can enjoy the ease and expertise of a national network of professional business brokers.


    With First Choice Business Brokers, you can enjoy the greatest selection of businesses for sale nationwide. Or as a seller, you can expect to receive individualized attention in your local market.


    First Choice Business Brokers is proudly a member in good standing with the International Franchise Association, Canadian Franchise Association and International Business Brokers Association.

    Why Choose Us for Business Valuation in Richmond, VA?

    1. We Have Extensive Experience In The Niche

    When it comes to business valuations, the more experience a firm has, the better it is for you. Established in 1994, FCBB has decades of experience in the business broking domain. We serve businesses in Richmond, Glen Allen, Chesterfield, and surrounding areas. We are one of the most trusted brokerage firms in the country, and you can rely on us to connect you with potential buyers and sellers. 

    2. We Have Professionals Working For Us

    You need capable and talented people to get the best out of your business valuation. The FCBB Richmond team is Patricia Griswold, William Griswold, and Scott Black. They are highly experienced and licensed professionals who have proven themselves in the field. When you hire us, you get specialists working for your business valuation to give you the best results.

    3. We Provide Great Value For Your Business

    As a business, we understand how important an accurate valuation is for you and your brand. We ensure you get the best deal available in the market when you want to sell your business or move to another venture. Our extensive network of buyers and sellers extends all over the United States, and we are confident we can get you in touch with the right people. Getting the best valuation for your business is our top priority.

    4. We Use Accurate Appraisal Methods

    FCBB's goal is to deliver the most accurate assessment of a business possible to put you in the best position to buy or sell. We adhere to all industry standards and certifications during your business valuation process, ensuring you get the best deal possible. Our valuation methods take into account not only current income but financial history and future projections as well. To improve your valuation's accuracy, we also consider current market trends and deviations.

    5. We Deliver Detailed Analysis And Reports

    As our client, you can rely on us for accurate reporting and analysis. Our experts check every detail of your business to ensure that you get a fair and accurate business valuation. FCBB's valuation report highlights notable aspects of your business assets that you might have missed. We leave no stone unturned when getting you the information you need about your business. 


    Importance of Hiring Experts for Doing Business Valuation

    1. Improve Value Of Your Business

    The goal of a business valuation is to simply get the best deal for you and your partners. Being a team with decades of collective experience, FCBB can help you accurately evaluate your business. For you, our client, connecting with us means you have an experienced and diverse team working for you. We can maximize your business valuation through a careful valuation of your business and its assets. 

    2. Plan Your Succession

    In every successful business, there comes a time when you need to consider succession. Business valuation is the perfect tool that can facilitate this process. Valuing your business can help you sell or gift your business to family or colleagues. FCBB can also help buyers identify the right opportunities to meet their requirements, skill sets, and financing. Our team is with you every step of the way. 

    3. File Estate Tax Returns

    Business valuation is a critical component in estate planning. A qualified appraiser like FCBB will make adjustments to the value of your business that may impact the value and the tax owed. These adjustments include adding back expenses not related to the operation of the business, deducting amounts spent to keep the business running, or excluding intangible assets such as customer goodwill or the value of an intellectual property.

    4. Handling Buyouts And Disputes

    Business valuation is the only way to consistently evaluate how much you'll be paid when you sell your company. The value of a company can only be determined through an expert business valuation like what we offer. Valuation also becomes critical during legal disputes when two or more parties are in disagreement about the value of their interests in a company. You need a dependable agency like FCBB, which can support you regardless of your situation. 

    5. Required For Financing And Loans

    A business valuation is an indispensable tool to help lenders and other investors make a decision when financing a loan or an investment. FCBB can provide you with valuable insights and a precise valuation that other financial agencies might have overlooked. Rather than go by estimates or opinions, we put into numbers the actual value of your business. We help you get the best financing options for you through an accurate valuation that reflects every facet of your business. 


    Business Valuation - FAQs

    1. What Is Business Valuation?

    Business valuation is a process where the value of an asset is determined in monetary terms or as close as possible. It is used for several purposes, including, but not limited to, appraising, comparing, valuing, and funding a business. Experienced broking agencies like FCBB usually carry out these valuations for businesses. 


    2. Can A Business Be Valued In Cash?


    Yes, when a business is sold or taken over, it must be valued in cash, not just shares. This valuation is done by business valuation experts. The agency calculates the value of the company and how much the buyer should pay for it. It is very important to get this right which is why you should opt for our services from FCBB in Richmond.


    3. Do You Need To Do A Business Valuation?


    A business valuation is mandatory depending on several aspects. Let's assume that you're going to sell or gift your business. In that case, you need to have it evaluated to know the monetary value of the business. It also becomes critical if another company wants to buy you out.


    4. How Can You Determine The Value Of A Business?


    Evaluating the value of a business is a complex task, especially today. It can be overwhelming, especially for someone who isn't an expert. There are just too many variables in the market to be considered for people who are not in the broking domain. This is also a good reason why you should approach a professional business valuation agency rather than doing it yourself. 


    5. What Are The Advantages Of Doing A Business Valuation?


    There are many advantages to doing a business valuation -

    ● You can get an accurate estimate of the fair value of your company.
    ● You can use this information to make informed decisions about future investments.
    ● It's an excellent tool for creating more value for shareholders. 


    6. Where To Find A Good Business Valuation Firm?


    We are not ones for self-promotion, but First Choice Business Brokers are a great choice, especially in the Richmond area. We handle all our clients with utmost care and ensure they get the best deal available to you. We consider all assets and intangibles to get you a valuation you will be satisfied with. 


    7. How Much Does It Cost To Do A Business Valuation?


    A professional valuation will start from about $500 and go up depending on the size of the business you want the information of. The price will proportionately increase if it is a large business or has many complex assets. Get in touch with us, and we'll help you with the valuation at an initial no-cost consultation. 


    8. What Is A Business Valuation Report?


    A business valuation report is a document that describes a company's assets, liabilities, capital structure, financial position, and cash flows in relation to its future cash flow requirements. It also details how these financial characteristics compare to similar companies.


    9. What Are The Main Factors When Valuing A Business?


    There are several factors to consider when valuing a business -

      1) Market size
      2) Traction
      3) Development stage
      4) Talent Potential
      5) Industry concentration
      6) Customer concentration
      7) EBITDA (Earnings Before Interest, Taxes, Depreciation, And Amortization)


    10. How Long Does It Take To Value A Business?


    It might take years to get the right figure if you're doing it by yourself. This is one reason why you should opt for expert valuation services. A professional agency can do it in a much shorter time with a more accurate valuation. 


    11.
    Where Can I Find More Information About Business Valuations?

    A Google search can give you a lot of information that you can use. You can also head over to our website 
    FCBB. We have everything you need to find out more about your business valuation. Do get in touch with us for your free consultation!

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