Contact Broker
11900 W. Olympic Blvd. Suite 480,
Los Angeles, California 90064
(View Map)
Affiliated Broker
Adrianna Smith
About the Company
First Choice Business Brokers is one of the largest business sales organizations in the U.S., listing over $12 Billion in businesses for sale since our foundation in 1994. First Choice Business Brokers specializes in business sales across all industries with transaction sizes from approximately $50,000 to $50 million. First Choice Business Brokers assists business owners in selling their businesses by locating and matching them with a buyer and managing the entire sales process. Additionally, we also work with business buyers to find the right business that meets their purchase criteria. With several offices located throughout the U.S., we have sold thousands of businesses, of all types, confidentially and efficiently through our vast buyer networks.
Broker Biography
Introduction
Michael D. Preston is a Business Broker Agent with First Choice Business Brokers in Los Angeles. Michael accumulated over 25 years of experience working with businesses to help increase their productivity and improve their profitability. As a 4th generation entrepreneur he has started and run a number of his own businesses and his rare combination of successes in executive coaching, strategic planning, B2B sales and business valuation provides him the hands-on experience and expertise desired to effectively package and execute the sale of your business as well as competently evaluate business opportunities for those looking to buy. Michael is a passionate, resourceful, and results-oriented person who always goes the extra mile to ensure the best possible outcome for everyone involved. Michael is a licensed Business Broker and Real Estate Salesperson in the State of California (Lic#02075182). Michael has won numerous sales awads throughout his career for his commitment to his clients, his exceptional follow up and his ability to exceed his goals and objectives.
Services Provided
I specialize in working with Main Street and Family Owned Businesses to increase the value of their business and get it sold.
During our initial consultation, you will get a FREE market price valuation as well as at least 3 different areas you can work on to increase the valuation.
Additionally, I partner with Buyers to help them identify and capitalize on solid performing businesses as well as being able to identify the "diamonds in the rough". I have worked with over 1,000 companies over the past 25 years doing business analysis, process re-engineering and growth strategies - so there are not many industries I don't have experience with or cannot leverage best practices from.
Areas Served
Licensed In
- California — License number 02075182
Professional Affiliations
California Association Of Business Brokers
International Business Broker Association
Exit Planning Institute - Certified Exit Planning Advisor
Business For Sale Listings
Cash Flow: $78,864
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West Hollywood, CA
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Los Angeles Co., CA
View Details Food Cart Business w/ Growth Potential (Asset Sale)
Founded in 1990, this fun and flexible business offers a wide range of concession favorites—popcorn, cotton candy, hot dogs, BBQ, tacos, nachos, and sno-cones—perfect for birthdays, weddings, corporate functions, Bar/Bat Mitzvahs, and community events. Known for reliable service and crowd-pleasing menus, it has built a loyal following with repeat customers and strong word-of-mouth referrals. The sale includes only the tangible assets—carts, equipment, and related items—making it an ideal platform for a new owner to build upon. While financials for this segment are not separated on the Seller’s books, the Seller estimates this part of the business generated approximately $30,000 in Seller’s Discretionary Earnings in 2024. A motivated buyer can capture additional upside by expanding marketing and reaching into nearby markets such as Orange County and San Diego. Importantly, the Seller continues to receive frequent inquiries for Less
Michael D. Preston is a Business Broker Agent with First Choice Business Brokers in Los Angeles. Michael accumulated over 25 years of experience working with businesses to help increase their productivity and improve their profitability. As a 4th generation entrepreneur he has started and run a number of his own businesses and his rare combination of successes in executive coaching, strategic planning, B2B sales and business valuation provides him the hands-on experience and expertise desired to effectively package and execute the sale of your business as well as competently evaluate business opportunities for those looking to buy. Michael is a passionate, resourceful, and results-oriented person who always goes the extra mile to ensure the best possible outcome for everyone involved. Michael is a licensed Business Broker and Real Estate Salesperson in the State of California (Lic#02075182). Michael has won numerous sales awads throughout his career for his commitment to his clients, his exceptional follow up and his ability to exceed his goals and objectives.
Lana Hout is a Top Business Broker and M&A Advisor with First Choice Business Brokers Los Angeles. Lana Hout specializes in small business transactions across all industries with transaction sizes from approximately $50,000 to $50 million. Industries include but are not limited to: Auto, Distribution, Service, Retail, Construction, HVAC, Medical Billing, E-Commerce, Manufacturing, Wholesale, Property Management, Practice Sales, B2B Services, Healthcare Services, Revenue Cycle Management, and more! Awarded Top Sales Associate Nationwide, Lana has worked with over 250+ small businesses to date! Lana has a proven track record of success helping her clients maximize the value of their businesses while managing an efficient and smooth transaction process! Lana graduated summa cum laude from the University of Southern California’s Marshall School of Business with a degree in Business Administration and concentrations in Finance and Marketing. Prior to launching the First Choice Business Brokers office in Los Angeles, Lana gained experience in business valuation and business development at top global firms. Her experience, which includes transaction advisory, financial analysis, and corporate strategy, gives her the skills necessary to effectively sell your business. Lana is motivated, intelligent and committed to results. Lana is a licensed real estate salesperson in the State of California (Lic#01957174).
Deanna Dubé is an award-winning Business Broker with First Choice Business Brokers in Los Angeles, specializing in business sales from $50K to $25M across industries including healthcare, food & beverage, entertainment, construction, and more. With 25+ years in finance, entrepreneurship, and consulting—including roles in investment banking at Banc of America Securities and launching two successful ventures—Deanna brings a unique blend of expertise and entrepreneurial insight. Passionate about helping clients achieve success, she guides business owners and buyers through every stage of the transaction to unlock maximum value and long-term results.
Melanie Smith is a 3rd Generation Business Broker with First Choice Business Brokers Los Angeles (FCBB LA). Melanie grew up with family dinner discussions revolving around listing, selling, and negotiating. After Melanie graduated from the University of Nevada Las Vegas she worked in Business Development for FCBB LA, where she aided in acquiring more clients for the brokerage and assisted business owners throughout the sales process. After that Melanie worked as a Residential Real Estate Agent with the top producing team at Keller Williams Calabasas, Team Smith, where she sharpened her negotiating skills. Melanie’s experience in working with business owners and homeowners has enabled her to have a deep understanding of what a client needs in the sale of their business, a proper evaluation, premium marketing, consistent communication, and strong representation to find the right buyers.
Robin Howard is a Business Broker and M&A Advisor with First Choice Business Brokers Los Angeles. Robin specializes in industry agnostic transactions for small and medium sized businesses up to $50 million. With a passion for community engagement, Robin brings a wealth of skills, dedication, and proactive approach to any organization. His diverse experiences and strategic mindset make them an invaluable asset, capable of driving success and innovation. Robin has a robust background in finance and sales, marked by experience in strategic planning, stakeholder management, and team leadership. He holds a B.B.A. in Finance from Baruch College, Zicklin School of Business in New York City. Prior to his transition into the finance industry, Robin worked as a Luxury Real Estate Assistant, where he managed the entire life cycle of transactions and used innovative marketing strategies to significantly improve client engagement. Additionally, as Co-founder of Red Peak Pass Capital, Robin has demonstrated an ability to drive growth and innovation. He successfully sources and acquires high-value investments, manages complex financial and operational aspects of business ventures, and builds strong partnerships with key stakeholders. Robin is continuing his passion of building businesses by taking a consultative approach with other business owners to help them achieve their financial goals. Robin is a licensed Real Estate Salesperson in the State of California (Lic#01988942).



