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: $1,115,239
Onondaga Co., NY Agent: Jonathan Nappa 50+ Years Established Stone Fabrication & Tile Business Positioned for Growth with Surge in Regional Development
Rare opportunity to acquire a 50+ year, multi-generational tile & stone fabrication business serving Central New York. The company is known for quality craftsmanship, reliability, and long-standing relationships across both residential and commercial markets.Business Highlights:• Established brand with 50+ years of operating history• Strong reputation with contractors, builders, and designers• High repeat and referral business• Serves both residential remodeling and commercial projectsFull-Service Operation:• Product selection & design consultation• In-house fabrication (granite, quartz, marble, tile)• Professional installation services• Turnkey, end-to-end customer experienceFacilities & Operations:• Fully equipped showroom + fabrication facility• Experienced team in place• Streamlined processes from concept to completionMarket Position:• Consistent demand driven by:• Ongoing residential remodeling• New construction activity ... Less
Cash Flow: $1,042,401
Bergen Co., NJ Stone Fabrication Profitable Stonework Business – Skilled Team & Seasonal Income
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 – Less
Cash Flow: $204,832
New Jersey Contract-Based Scalable Remote Cash Flow Business Contract-Based Scalable Remote Cash Flow Business Financing available
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 Less
Cash Flow: $190,000
Hudson Co., NJ Agent: Juliet Carafello
View Details Semi-Absentee Contract-Based Business with Multi-Unit Upside
• 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: $1,000,000
New Jersey Agent: Juliet Carafello
View Details Rare Opportunity: 5-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:• 5 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: $78,000
Essex Co., NJ Agent: Juliet Carafello
View Details Thriving Custom Framing Business in Prime Arts District
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: $350,000
Manhattan, NY
View Details High-Volume Pizzeria in Manhattan’s Fastest-Growing Area
This established Manhattan pizzeria offers a rare opportunity to acquire a fully staffed, turnkey operation in a high-demand, fast-growing neighborhood with virtually no direct pizza competition. The business benefits from excellent foot traffic, strong online ordering, late-night demand, and a loyal customer base. Professional management is already in place, making this an ideal acquisition for a multi-unit operator or investor seeking a hands-off location with steady cash flow. Growth opportunities include catering expansion, targeted digital marketing, menu enhancements, and partnerships with surrounding residential and commercial buildings. Less
Cash Flow: $123,000
New York, NY Agent: Juliet Carafello
View Details Established Upper East Side Dry Cleaner – Turnkey!
Established dry cleaner in a prime Upper East Side location with steady, recurring revenue and a long-standing loyal customer base. The business offers strong walk-in traffic, consistent weekly cash flow, and a simple, turnkey operation with experienced staff in place. Known for quality and reliability, this dry cleaner is ideal for an owner-operator or an expanding operator seeking a Manhattan presence.Highlights:- High-density, affluent neighborhood- Loyal repeat clientele and strong retention- Easy-to-run operation with stable cash flow- Experienced team ensures smooth transition- High barriers to entry protect market position- Growth potential through pickup/delivery, wash-and-fold, building partnerships, and improved online marketingA recession-resistant, community-rooted service business with immediate cash flow and clear upside for a motivated buyer. Less
Cash Flow: $321,472
Bergen Co., NJ Agent: Juliet Carafello
View Details Full-Service Print & Marketing Franchise – Turnkey & Scalable
Step into immediate profitability with this turnkey sign franchise that delivers instant cash flow from day one. You'll inherit a fully operational business with an experienced team already in place, eliminating the typical startup challenges and allowing you to focus on growth and expansion.This proven B2B model generates consistent revenue by solving critical marketing needs for businesses across multiple industries. Your customers depend on professional visual communication solutions—custom signs, graphics, banners, and vehicle wraps—creating predictable demand and strong client retention that translates to stable monthly income.The established customer base means you're acquiring years of relationship-building and brand loyalty, providing immediate revenue security while you identify expansion opportunities. With comprehensive franchise support backing Less
