How Much Do Business Brokers Charge? A Friendly Guide to Selling Your Business

Selling your business is a big decision, and hiring a business broker can simplify the process, connect you with potential buyers, and help maximize your sale price. But one question looms large: How much will a business broker cost? This guide breaks down business broker fees, commission structures, and key factors to consider, so you can confidently navigate the sale of your business. What Are Business Broker Fees? Business broker fees are the costs you pay for professional services when selling a business. These services include valuing your business, marketing it to buyers, negotiating deals, and guiding you through closing the sale. Brokers use their expertise, networks, and time to ensure a successful transaction, and their fees reflect this value. Are Business Brokers Paid a Commission? Yes, most business brokers are paid a commission based on a percentage of the final sale price, typically ranging from 8-12% , with 10% being the industry standard. For example, if your b...