Sell a Business in Utah
Serving Business Owners Across the Salt Lake City Metro area, Utah County, Park City, Moab, St. George, and Beyond
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Salt Lake City Metro Area
26 S Rio Grande St #2072
Salt Lake City, UT 84101
St. George & So. Utah
Moab & Eastern Utah
ButtonSelling a business in Utah
Utah is our home base. First Choice Business Brokers (FCBB) helps owners across the Wasatch Front, the Wasatch Back, Utah County, and southern Utah sell the businesses they spent a career building. You work with a local advisor who knows the Utah market, backed by a national network that puts your business in front of the right buyers.
We handle the full process confidentially, from a clear-eyed valuation through preparation and a competitive sale. Employees, customers, and competitors do not find out until the right time.
We lead with preparation, and the results follow. About 87% of the businesses we take to market reach a successful close. On average they sell for 94% of asking price, compared with an industry average closer to 85%, and they close in about 4.7 months once on-market, compared with an industry range of 9 to 12 months.
We focus on businesses with roughly $1 million to $10 million in enterprise value, which generally corresponds to transactions in the $500K to $20M range. If your business sits in that range, you are in the right place.
Advisors who cover Utah
Your Utah advisors:
• Mike and Lynn Lee (Team Lee) : Mike Lee is Managing Director, CEPA; Lynn Lee is Business Advisor, leading the Mountain West region. View profile
• Prakash Shah : Business Advisor, Salt Lake City metro area. View profile
• Mark von Hodenberg : Business Advisor, St. George. View profile
• Spencer Black : Corporate Development Analyst, works directly with Mike.
• Anna Frachou : Business Advisor, based in Park City, focused on Northern Utah. View profile
Metros we serve across Utah
We work with owners throughout Utah. A few of the markets we serve:
• Salt Lake City : Utah's largest market and our main office, anchoring the Wasatch Front.
• Park City : Resort-town hospitality, services, and retail in the Wasatch Back.
• Heber City : Growing Heber Valley businesses serving residents and visitors.
• Ogden : Northern Utah manufacturing, services, and outdoor-industry companies.
• West Jordan : Southwest valley retail, trades, and service businesses.
• Draper : Tech-corridor and professional-services companies along the south valley.
• Sandy : Established retail and service businesses in the south Salt Lake Valley.
• West Valley City : Utah's second-largest city, strong in manufacturing and distribution.
• Midway : Heber Valley hospitality and small-business owners.
• Cottonwood Heights : Professional services and small businesses near the canyons.
• Provo : Utah County's hub for tech, education-adjacent, and service firms.
• Lehi : Silicon Slopes companies and fast-growing Utah County businesses.
• Spanish Fork : South Utah County trades, manufacturing, and service businesses.
• Vernal : Uintah Basin energy-services and support businesses in eastern Utah.
• Moab : Tourism, outdoor recreation, and hospitality in southeastern Utah.
• Price : Carbon County energy and service businesses.
• St. George : Fast-growing southern Utah hub for services, trades, and retail.
• Cedar City : Iron County businesses serving the southwest region.
• Hurricane : Washington County growth corridor near Zion and St. George.
How we work
First Choice Business Brokers (FCBB) was founded in 1994 by Jeff and Linda Nyman, who still own and guide the company today. The network now includes roughly 85 independent owner-operators and more than 300 agents across North America, all sharing one vetted pool of buyers. Since 1994 the network has facilitated around $15 billion in transactions. You work with a local advisor and get the reach of the full network behind you.
Our process follows three goals: valuation, preparation, and a confidential, competitive exit to the right buyer.
For the right businesses we also run a Strategic Buyer Search: proactive, confidential outreach to the buyers most likely to value your company, including strategic acquirers, private equity, and family offices. It brings the rigor normally reserved for deals over $20 million to Main Street.
When we share an Estimate of Value and a Suggested Asking Price, they are grounded in market data, not in what sounds good in a pitch. Neither of us gets paid until your business actually sells, so our incentive is the same as yours.
Our Utah Office
First Choice Business Brokers
26 S. Rio Grande Street #2072, Salt Lake City, UT 84101
Phone: 435-800-4400
Email: teamsummit@fcbb.com
Find a Local Advisor
We specialize in aligning seller and buyer goals to create smooth, win-win transactions. More than just advisors, we’re strategic matchmakers with expert dealmakers located throughout Utah, Montana, and Wyoming—ready to guide you at every step.