Transworld Business Advisors Franchise

Welcome to the comprehensive guide on franchising with Transworld Business Advisors. Established in 1979 and franchising since 2010, Transworld Business Advisors has grown to become a prominent name in the business brokerage industry. With headquarters in West Palm Beach, Florida, and over 450 units, the franchise offers a lucrative opportunity for those looking to delve into the business brokerage sector.

Franchise Overview

Transworld Business Advisors, LLC, a member of the Starpoint Brands division of United Franchise Group, offers a unique business model where franchisees serve as brokers facilitating the sale and purchase of existing businesses, including franchises. The target market primarily consists of small to medium-sized businesses.

Training and Support

• Initial Training: Conducted at the corporate headquarters in West Palm Beach, Florida, and the Transworld agency in Fort Lauderdale, Florida. Transportation to and from West Palm Beach, hotel accommodations, and one daily meal are provided by the franchisor.
• On-the-Job Training: Provided in the franchisee’s designated marketing area after the completion of classroom training.
• Continued Support: Additional seminars and conventions are held every 12-18 months to ensure ongoing training and operational improvement.

Territory and Operations

Franchisees receive the right to operate within a designated marketing area defined by the franchisor, containing at least 8,000 businesses. The area is exclusive, providing protection from additional franchises within the same interval. Continued exclusivity is contingent upon closing one sales transaction each year after the first 12 months of operation.

Investment Requirements

• Initial Franchise Fee: $64,500
• Travel and Living Expenses While in Training School: $210 - $550
• Marketing Fund Initial Membership Fee: $500
• Premises Lease: $900 - $7,920
• Initial Advertising: $3,000 - $6,000
• Software and Supplies Package: $19,995
• Equipment and Office Software: $600 - $2,500
• Insurance: $2,000 - $4,000
• Additional Funds (6 Months): $5,000 - $15,500

Estimated Total Investment: $96,705 - $122,465

Ongoing Fees

• Royalty Fee: Greater of 8% of gross revenues or $300 (months 1-12), $600 (months 13-24), $900 (after 24 months)
• Marketing Fund Contribution: $165 per month for the first designated marketing area; $125 per month for each additional area
• Agent Fee: $150 per month for the first agent; $100 per month for each additional agent

Franchisee Obligations

Franchisees are required to directly manage their Transworld agency. If the franchisee is a business entity, a principal or trained manager must dedicate full-time efforts to manage the franchise. All services and goods provided must be approved by the franchisor.

Term and Renewal

The initial franchise term is 35 years, with the option to renew for another 35-year period, contingent upon meeting specific requirements.

Financial Assistance

The franchisor does not offer direct or indirect financing, nor does it guarantee any note, lease, or obligation of the franchisee.

Key Takeaways

• A well-established franchise in the business brokerage industry.
• Comprehensive training and ongoing support.
• Exclusive territory rights protecting your designated market area.
• Initial investment ranges from $96,705 to $122,465.
• Renewable franchise term of 35 years.

Interested in learning more about franchising with Transworld Business Advisors? Download the full Franchise Disclosure Document (FDD) or request more information by completing the free information request form on this page.