Transworld Business Advisors

Business brokerages; franchise consulting
Franchise 500 2023
2024 Franchise 500 Rank
#80 Ranked #86 last year
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Initial investment
$94K - $120K
Units as of 2023
451 Increase 40.1% over 3 years

For over 40 years, Transworld Business Advisors has helped make deals for entrepreneurs. With over 275 locations across the United States, Transworld Business Advisors offers business brokerage, franchise consulting, franchise development services, mergers, and acquisitions. The company also has an international presence.

Established in West Palm Beach, Florida, in 1979, Transworld Business Advisors was established by husband and wife Don and Bonnie Parrish. Since then, the company has sold more than 10,000 businesses across the country. The goal of Transworld Business Advisors is to get sellers the highest possible price for a business while taking the least amount of time away from the seller as the sale process goes forward.

Transworld Business Advisors believes it goes above and beyond in assisting business buyers when it comes to their purchases, including research and advice. The business began franchising in 2010 and has experienced much success since.

Why You May Want to Start a Transworld Business Advisors Franchise

There may always be a need for the services that Transworld Business Advisors provides. People need help achieving their dreams and goals. Buying a business can be a complex, stressful burden. Without research assistance, a guide, or proper planning, a hopeful business owner can be left in the dark. The same can be said for someone who is selling their business. Without a guide or someone who is actively marketing their business for sale, the business owner may be left without any help. This is where Transworld Business Advisors comes in.

Transworld Business Advisors has been ranked in Entrepreneur’s Franchise 500 many times in the past decade. This ranking is based on an evaluation of more than 150 data points in the areas of costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability.

What Might Make a Transworld Business Advisors Franchise a Good Choice? 

Transworld Business Advisors helps people who are selling their business to vet and find potential buyers. On the other side, the company helps potential buyers find and evaluate businesses and franchises. In today’s business environment, people may need business brokers who operate as impartial third parties that work with a buyer and/or seller to help make a deal.

Business brokers at Transworld Business Advisors have the training to provide resources that both buyers and sellers need.

To be part of the Transworld Business Advisors team, you should make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company’s set net worth and liquid capital requirements. 

How To Open a Transworld Business Advisors Franchise

To open a Transworld Business Advisors franchise, you may be taken through a nine-step process that includes an information gathering and research phase, along with a discovery day phase. This process will help you determine if starting a Transworld Business Advisors franchise is the right move for you.

When you become a franchisee, you will have both full marketing support and local field support. Transworld Business Advisors will provide trained experts and mentors to help you get your business up and running successfully.

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Company Overview

About Transworld Business Advisors

Industry Business Services
Related Categories Business Brokerages, Business Coaching & Consulting
Founded 1979
Parent Company Transworld Business Advisors LLC
Leadership Bill Luce, President
Corporate Address 2121 Vista Pkwy.
West Palm Beach, FL 33411
Social Facebook, Twitter, LinkedIn, Instagram, YouTube
Sponsored Content

More from Transworld Business Advisors

Business Sales | Mergers & Acquisitions | Franchises

Three Industries. One Business. Endless Possibilities.

A History of Experience, Growth and Franchising Success

Established in 1979, Transworld Business Advisors was originally founded in South Florida by Don (a 30-year IBM executive) and his wife Bonnie Parrish. Andy Cagnetta, CEO & owner of Transworld Florida, originally came to Transworld as a buyer looking to fulfill his entrepreneurial dreams. From his first meeting, he knew Transworld was special and different. After a few years of working for Don, Andy bought Transworld and quickly grew it to the largest business brokerage in Florida. 

Although the company was thriving, Andy envisioned even more growth. It wasn’t long before Ray Titus, founder of United Franchise Group, and Cagnetta teamed up to form a partnership and offer Transworld Business Advisors as a franchise. 

With Ray’s franchise success and Andy’s business brokerage industry experience, their symbiotic relationship helped grow Transworld into what it is today – The World’s Leading Business Brokerage Franchise. 

For over 40 years, Transworld has specialized in the sale of businesses and commercial real estate. Today, Transworld Business Advisors is a global network of brokers offering a turnkey solution for those who desire to build a solid business and future for themselves while maintaining a balanced, fulfilling quality of life.

Our Business Model

TRANSWORLD BUSINESS ADVISORS Is committed to “doing good deals for good people”, having assisted buyers and sellers in thousands of transactions for over 40 years. Our business model combines three main thriving industries and profit centers, all involving the development and growth of existing and new businesses.

  1. Business Brokerage
  • A business broker is an impartial third party that works with the buyer, the seller, or with both sides of a business sale and helps coordinate the deal. Typically, business brokers make anywhere from 10-12% of what the business sells for.
  • What differentiates Transworld Business Advisor is we consider people the number one priority over any deal. Creating lasting relationships with your clients is incredibly important to the success of your business.
  1. Franchise Consulting
  • The next profit center is franchise consulting. This is where you assist clients who are looking to buy a new franchise. When you join the Transworld team, you will have the opportunity to represent more than 500 different franchise concepts from various industries at various investment levels. From day 1, you will have a tremendous inventory to offer your buyers no matter what they are looking for.
  • If the match proves to be successful, a referral fee in the range of $10,000 to $30,000+ will be paid to you for assisting in this process!
  1. Franchise Development
  • The final profit center is franchise development. These potential clients are not necessarily looking to buy or sell a business; they likely have a concept or actual business that they would like to grow through franchising. You will work in conjunction with our Development team to help these entrepreneurs turn their business or concept into a franchise.
  • As with franchise consulting, franchise development incorporates incentives. Successful matches could result in referral fees of about $20,000.

Technology And Advanced Systems

Transworld Business Advisors gives a competitive edge with our advanced technology and systems. Incorporating modern day technology into the day-to-day business brokerage transaction makes for an efficient and powerful system. From automatic website integration to capturing and managing your leads and listings, our state-of-the-art proprietary CRM system makes running your day-to-day business not only easier, but more productive.

  • Digitally Automated Contracts
  • Email Newsletters
  • Internal MLS System
  • Messaging Board for Constant Network Communication
  • Automated Listing Management & Posting to Third-Party Sites
  • Shared Documents Folders
  • Branded Image Libraries 
  • Technical Support

Marketing And Advertising

Our marketing team provides you with print and digital tools you will need to build your business, get listings and increase sales. It starts with your fully functioning, local website. As you benefit from online leads through our extensive online marketing program, we also provide a wide array of traditional marketing pieces you can use right away to build your local business.

The brand focuses on a layered marketing approach that includes initiatives such as:

  • Search Engine Optimization
  • Ongoing Link-Building Campaigns
  • Display and Social Media Advertising
  • Website and CRM Enhancements 
  • Local Office Marketing Tools
  • Social Media Management 
  • Map & Directory Management

Training

There are many advantages to becoming a Transworld franchisee - one of them is our highly recognized comprehensive training program. We make sure you get off to the right start with all the tools you need to succeed.

  • Two weeks of training in the Center for Entrepreneurial Excellence at Transworld’s global headquarters in West Palm Beach, Florida
  • Instruction on the business brokerage industry as well as best business practices
  • One week of on-the-job training
  • Hands-on industry, technical and marketing training
  • A local business advisor will work with you in your new location to ensure you get off to a solid start

Let’s Get Started!

If you’ve dreamed of being your own boss, controlling your own destiny and having the independence and financial security that a growing industry can provide, then you should consider the advantages Transworld Business Advisors offers.

  • High Profit Potential
  • Turn-Key Operation
  • Low-Cost Investment
  • Flexible Lifestyle
  • Results-Driven Marketing
  • World-Class Training
  • Start-Up & Ongoing Support

Business Overview

Franchising Since 2010 (14 years)
# of employees at HQ 224
Where seeking

This company is offering new franchises throughout the US.

This company is offering new franchises worldwide.

# of Units 451 (as of 2023)

Information for Franchisees

Here's what you need to know if you're interested in opening a Transworld Business Advisors franchise.

Financial Requirements & Ongoing Fees

Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee Information Circle
$64,500
Initial Investment Information Circle
$94,105 - $119,615
Cash Requirement Information Circle
$100,000
Veteran Incentives Information Circle
10% off franchise fee
Royalty Fee Information Circle
8%
Ad Royalty Fee Information Circle
$165/mo.
Term of Agreement Information Circle
35 years
Is franchise term renewable? Yes

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing Transworld Business Advisors has relationships with third-party sources which offer financing to cover the following: startup costs, equipment, inventory, accounts receivable, payroll

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training 30 hours
Classroom Training 48 hours
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing

Operations

Additional details about running this franchise.

Is absentee ownership allowed? No
Can this franchise be run from home/mobile unit? Information Circle
No
Can this franchise be run part time? Information Circle
No
Are exclusive territories available? Information Circle
Yes

Franchise 500 Ranking History

Compare where Transworld Business Advisors landed on this year's Franchise 500 Ranking versus previous years.

Additional Rankings

Curious to know where Transworld Business Advisors ranked on other franchise lists? Find out below.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022