Avg. Base Salary (USD)
The average salary for a Business Broker is $73,698
What is the Pay by Experience Level for Business Brokers?
An early career Business Broker with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $50,980 based on 5 salaries. A mid-career Business Broker with 5-9 years of experience earns an average total compensation of $75,848 based on 5 salaries. An experienced Business Broker …Read more
What Do Business Brokers Do?
A business broker is responsible for facilitating the sale of privately held businesses. They act in a manner similar to a real estate agent, assisting the buyer and seller of a private business before, during, and immediately after the sale. A business broker takes ownership of the entire sales process, ensuring a smooth sale for both buyer and seller. A percentage of the sale price of the business is received as payment for their services. The amount can vary depending on negotiation or …Read more
How do Business Brokers Rate Their Jobs?
FAQs About Business Brokers
What is the highest pay for Business Brokers?
Our data indicates that the highest pay for a Business Broker is $NaN / year
What is the lowest pay for Business Brokers?
Our data indicates that the lowest pay for a Business Broker is $NaN / year
How can Business Brokers increase their salary?
Increasing your pay as a Business Broker is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are a Business Broker that oversees more junior Business Brokers, this experience can increase the likelihood to earn more.