Gregory Carafello
First Choice Business Brokers of Manhattan
License Number: Certified Franchise Executive
Phone: Show Phone Number
Contact Broker
One World Trade Center, Suite 8500
New York, New York 10007
(View Map)
About the Company
Founded in 1994, First Choice Business Brokers is one of the largest Business Sales Organizations in the world, with multiple offices located throughout the U.S. listing over $7 billion worth of businesses. Our New York City office consists of 1 Principal, 3 Associates, and administrative personnel. In addition, we have a select team of professional service providers we can recommend that can provide legal, accounting, planning, financing and various other services. First Choice Business Brokers is a member in good standing with the Better Business Bureau (A+ Rating).
The FCBB office is located in Manhattan which covers the entire New York and New Jersey Regions. The Principle Broker, Gregory J. Carafello, has over 38 years of extensive Business Ownership experience as a small to medium sized business owner since 1998.
Broker Biography
Introduction
Gregory Carafello, CFE, is President and Principal Broker for First Choice Business Brokers of New York City. A franchising industry veteran, Carafello has extensive experience as a master franchisee for several additional leading brands, and currently serves as the first Area Representative for FastSigns, Inc – representing the 5 boroughs of New York City, Master Franchisee for Cartridge World with over 80 stores in eight states and 18 Liberty Tax's in Manhattan. He began his career more than 37 years ago at Canon as a copier sales trainee, and rose through the ranks to become their youngest branch director at the age of 26. He and his wife went on to found their own company, AbraCadabra Color Copy Centers, which he sold after nearly two decades in business to focus on his franchising endeavors. Mr. Carafello is also a Certified Franchise Executive – the ICFE program certifies the highest standards of quality and training for those who complete the certification program. The now global CFE program is administered by the Institute of Certified Franchise Executives (ICFE), whose mission is to enhance the professionalism of franchising by certifying the highest standards of quality training and education. Greg resides in North Jersey with his wife Christine where they raised 4 children.
Services Provided
Our Services: We provide a comprehensive, personal, and professional service to our clients, from start to finish, in order to sell your business confidentially, at the highest price, as quickly and efficiently as possible. These services include:
Marketing: We do a comprehensive market evaluation of your business using various metrics including but not limited to your past, current and future projected financial position, your business sector, your client mix, your operations profile and your asset mix. Using a combination of these factors we produce a fair market value evaluation using proprietary analysis tools and industry proven and accepted practices.
Interviewing: Using the evaluation data, we develop a comprehensive marketing plan to attract potential buyers from our network of buyer investors as well as a global system to solicit new buyers. Once a potential buyer is identified, they are screened for financial capability and industry experience through a series of interviews. If the potential buyer fulfils the requirements and they are approved by the seller, they execute a series of documents protecting the confidentiality of the seller’s strategic business information.
Negotiating: A qualified and approved buyer is then introduced to the seller to begin negotiations. All negotiations are managed with First Choice’s comprehensive documentation and agreements. The agent facilitates all phases of the negotiations until an agreement is reached.
Coordination and Close: The agreement is clearly and concisely documented and additional paperwork is developed to facilitate and manage a successful transaction. First Choice facilitates all minute details of the deal to assure a successful and smooth transition.
Areas Served
Licensed In
- New Jersey — License number Certified Franchise Executive
- New York — License number Certified Franchise Executive
Professional Affiliations
2014 – Present: 9-11 Museum Docent. Thoroughly trained for 5 months to be a Volunteer Docent for the new 9-11 Museum. He was part of the first ever Docent team providing education and tours of the artifacts of the 9-11 Museum since the 1st day it ever opened. He volunteers 20 hours per month at the Museum
2012- Present: 9-11 Memorial Volunteer Service Member. He volunteers 20 hours per month to help do tours to individuals, groups or where needed.
2009- Master Franchisee of the year for Cartridge World Globally. Annual nomination as the Best Master Worldwide for day to day practices and system support and growth.
2008 –present- Nominated to Cartridge World’s Master Advisory Committee for North America, today known as the MAC- Master Advisory Committee. They work closely as a Board of Advisors with Executives at CW corporate for the betterment of all aspects of CW and the crucial business development decisions.
2008 – Completed certification as a Business Financial Consultant
2005 – Present: Chair of the Master Marketing Fund and Sales Committee for Cartridge World Masters and corporate. They work closely with CW corporate to develop strategies and execute those strategies.
1994-1998 – Entered and completed a 4 year program known as the “Birthing of Giants.”
This was 60 Entrepreneurs per class held for 7 days and nights at MIT in Massachusetts
in conjunction with INC Magazine, Success Magazine, YEO and MIT in case studies.
1994 – Who’s Who Worldwide
1994 – Became member of Chief Executives Club – NYC
1993 – Became member of Young Entrepreneurs Organization – must be under 35 years old and have over $1,000,000 in sales.
9-11 Survivor of the World Trade Centers until 09-11-01 where the Headquarters of Abra Cadabra Color Copy Centers. Greg and staff got out of building safely, but lost 70% of his business. He is a Survivor of 9-11.
Greg has regrouped successfully growing Cartridge World in New Jersey and New York, Maryland, Virginia and DC via coaching, supporting, and driving Franchisees to success; which has always been a goal of Greg’s. He has full intentions of reentering the World Trade Centers as a tenant again as his new headquarters for the Cartridge World and Liberty Tax Service systems he owns.
Member Associations:
2014 to present: 9-11 Museum Docent Volunteer.
2012 to present: 9-11 Memorial Volunteer Service Member
1996 to present: Member of Board of Directors Independent College Fund.
2006 to 2013: Member of Board of Directors Caldwell College.
2005 to present: Chairperson of CW Master Franchise Development Committee.
2011 to present: Member of Board Master Advisory Committee to Cartridge World.
2014 to present: Member of Cartridge World National Advertising Committee.
Business For Sale Listings
Cash Flow: $190,000
Hudson Co., NJ Agent: Juliet Carafello Semi-Absentee Contract-Based Business with Multi-Unit Upside Turn-Key Operation • Recurring Revenue Model • Expansion Opportunities Financing available
• Recurring Revenue: Strong monthly membership base providing predictable, contract-driven cash flow• Semi-Absentee Model: Full-time General Manager and team in place for smooth, hands-off ownership• Top Performer: #1 unit in the entire franchise family, setting the standard for operational excellence• Franchise Support: National marketing, proprietary curriculum, and training systems included• Flexible Terms: Seller open to negotiation and creative financing options for the right buyer• Growth Potential: Expand within exclusive territory—opportunities include drop-off childcare, homework club programs, parent date-night add-ons, mobile classes, and additional locations• Financial Strength: $433K annual revenue with $190K Seller’s Discretionary Earnings (44% margin), debt-free operations• Turn-Key Studio: Fully built-out, “Insta-ready” facility optimized for ... Less
Cash Flow: $812,416
Bergen Co., NJ Stone Fabrication Premium Stone Fabrication | Established Reputation, Skilled Team
Looking for a high-end, service-based business with strong cash flow and growth potential?This well-established stone fabrication and installation company has built a trusted name over 20+ years, serving discerning residential and commercial clients across the Tri-State Area. With a skilled team in place, streamlined operations, and growing demand for premium stone surfaces, this is a turnkey opportunity in a thriving market.Why This Business?• Proven Track Record – 20+ years of success and a stellar industry reputation• High-End Clientele – Serves luxury residential and commercial projects• Skilled Team in Place – Experienced staff handles fabrication and installation• Scalable Operations – Expand marketing, design partnerships, or service area• Owner Training & Support – Seller will ensure a smooth transition• Strong Industry Growth – Backed by rising demand for custom stone surfacesIdeal for a construction professional, ... Less
Cash Flow: $1,434,500
Kings Co., NY Agent: Juliet Carafello Profitable Vintage Furniture Business – Double-Digit Growth High-Margin Vintage Furniture Business | Consistent YOY Growth Financing available
Passion meets profit in this well-loved vintage furniture business, known for its impeccable taste, expertly restored pieces, and design-forward aesthetic. With double-digit year-over-year growth, a cult-like customer following, and a finely tuned European sourcing pipeline, this business is poised for scale in the booming home interiors market. Why This Business? Brand with Soul – A refined identity, beautifully curated inventory, and a loyal design-conscious audience Hands-Off Operations – Long-term team manages sourcing, restoration, and customer delivery Consistent Growth – Double-digit YOY sales growth and a strong repeat customer base Untapped Markets – Expand into new metros, partner with interior designers, or grow e-commerce reach Turnkey Systems – Established import and refurbishment flow from Europe to warehouse to customer Supportive Exit – ... Less
Cash Flow: $78,000
Essex Co., NJ Agent: Juliet Carafello Thriving Custom Framing Business in Prime Arts District Profitable main street business with growth potential! Financing available
Established for 20+ years in a high-end, arts-driven community, this well-respected custom framing business is now available for acquisition.Located in a prime, high-traffic location, this business has built a loyal customer base by providing exceptional craftsmanship and personalized service. Despite its success, no advertising is currently being done, offering tremendous growth potential for a new owner to expand marketing efforts and drive even greater revenue.Key Highlights:? Profitable & Established – Over two decades in business? Prime Location – Situated in an upscale, arts-focused town? Loyal, Experienced Staff – Long-term employees willing to stay? Huge Growth Potential – No current advertising, opportunity to expand? Turnkey Operation – Seller willing to train new ownerPerfect for an entrepreneur or industry professional looking for a stable, ... Less
Cash Flow: $204,832
New Jersey
View Details Contract-Based Scalable Remote Cash Flow Business
Confidential opportunity to purchase a steady, contract-based, low-maintenance remote master license covering a large regional territory (NJ, NY, PA, DE, OH, MI, KY, VA, MD, DC). This business brings in approximately $200,000 in annual cash flow with just 4 hours of work per week. The current owner provides light support and minimal sales effort—and the business runs like clockwork.Operating in a $24B+ industry with an essential product that nearly everyone uses, the ongoing demand is rock-solid. Even more compelling, many competitors are exiting the space, creating opportunity to gain market share and expand revenues.With a focused new owner, doubling this business is very achievable. After 24 years of ownership, the seller is ready to retire and transition the business to someone ready to take it to the next level. For additional information please contact Less
Cash Flow: $1,559,609
New Jersey Agent: Juliet Carafello
View Details Rare Opportunity: 6-Unit Profitable Fast-Casual Franchise
SBA pre-approved in the amount of $4,800,000. Take the reins of one of the hottest named franchises in the booming fast-casual space. Step into a turn-key operation with huge upside potentialin a booming market. This offering includes:• 6 established, high-performing franchise locations in key NJ markets• Exclusive rights to develop 25 additional NJ locations• Part of a nationally recognized brand with 100+ U.S. locations and global reach• Healthy, in-demand menu offerings with a strong customer following• Long-term, experienced employees in place at each unit• Proven operations and consistently strong sales across all locations• Major growth potential through already-approved development territories• Fully supported by a well-established franchise system with national marketing and operational backingPerfect for multi-unit operators or growth-minded Less
Cash Flow: $730,000
Wayne Co., NY Agent: Juliet Carafello
View Details Profitable Seasonal Boat Rental Business for Sale – High Margins!
Looking for a flexible, high-margin seasonal business with minimal owner involvement? This established 30-year operation is a leader in its niche, offering a turnkey opportunity with a long-term management team in place to handle day-to-day operations.Why This Business?• Seasonal Flexibility – Enjoy strong earnings with time off in the off-season• High Profit Margins – Proven, lucrative business model with excellent returns• Minimal Owner Involvement – Experienced team in place to run operations smoothly• Room for Growth – Expand marketing, add services, or increase capacity to scale revenue• Training & Support – Current owner will provide full training for a seamless transition• Seller Financing Available – Flexible terms for qualified buyersPerfect for an investor looking for a semi-passive income stream or an entrepreneur ready to take the helm of a Less
Cash Flow: $135,000
Fulton Co., GA Agent: Juliet Carafello
View Details Specialty retailer of ink and toner printer cartridge franchise
You could be the owner of this 20-year established, largely contract-based franchise that is part of a rapidly growing successful new franchise organization. Great business with huge opportunity for growth.25% profit margin. Owner is looking to retire. Owner will provide training. Less
