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Careersβ€ΊRolesβ€ΊBusiness Broker
Mid-Level

Business Broker

A business broker who helps people buy and sell small-and-mid-sized businesses, you value businesses, find qualified buyers, negotiate deals, and shepherd transactions from initial listing through closing.

Career Level
Junior
Mid
Senior
Director
VP
Executive
Work Personality
C
E
S
R
I
A
Conventionalorganizing, detail-oriented
Enterprisingleading, persuading
Based on Holland Code framework
Industries that often hire Business Brokers
Professional ServicesWholesale & DistributionFinancial Services Β· 91%Education Β· 2%Transportation & Logistics Β· 2%Administrative Services Β· 1%
Job markets for Business Brokers
Employment concentration Β· ~70 areas
Based on employment in related occupations
Mapped SOC categories:
Admin & Office
BLS Occupational Employment Statistics
Jump to:What it's likeCareer pathsBy the numbers
What it's like

What it's like to be a Business Broker

The work runs across business listings, buyer outreach, valuation analysis, and the multi-month deal arc that takes a small business through transaction. You're often carrying 10-30 active listings at various stages β€” initial pricing, marketing, qualified-buyer conversations, due diligence, negotiation, closing. Listing fees and transaction commissions drive the income.

What surprises people new to business brokerage is how many deals don't close β€” small businesses are often hard to price, financing falls through, owners get cold feet, buyers walk during diligence. Variance across employers is wide: at major brokerage firms (Sunbelt, Murphy, VR) you have brand recognition and structured tools; at independent practices you carry more individual rainmaking responsibility.

Brokers who thrive tend to carry sales instincts, financial-analysis comfort, and patience for deal arcs that span months. IBBA certifications and state-specific real-estate or business-broker licensing anchor advancement. The trade-off is the commission-only income volatility β€” most income arrives at closings, with quiet stretches between deals that don't always reach the table.

What people in this role value
RelationshipsAbove avg
SupportAbove avg
IndependenceModerate
Working ConditionsModerate
AchievementModerate
RecognitionLower
O*NET Work Values survey
✦ Editorial β€” written by Truest from industry research and career patterns
Career Paths

Where this role sits in the broader career landscape β€” and where it can take you.

Earning potential across this track
$239K$179K$119K$60K$0KLower paying387 metro areas, sorted by salary level
All experience levels1
This level's estimated range
INDUSTRIES PAYING ABOVE AVERAGE
Energy & Utilities$84K+67%
Professional Services$83K+64%
Technology & Information$79K+58%
Financial Services$77K+53%
Government$69K+37%
Compared to Admin & Office average across all industries
1 BLS OEWS May 2024 covers all Business Brokers (SOC 43-4011.00), not just this title Β· BEA RPP 2023
* Top salaries exceed this figure. BLS caps reported wages at ~$240K to protect individual privacy in high-earning roles.
Related rolesExplore Admin & Office β†’
Business BrokerBusiness BankerBrokerBond BrokerLoan BrokerFloor BrokerGrain BrokerStock BrokerCommodities BrokerBusiness Banking Relationship ManagerSales AssistantAccount AdministratorSecurities ClerkMargin ClerkTelephone Quotation ClerkClient AdministratorClient Service AssociateOperations SpecialistCoupon ClerkOperations ClerkSales TraderDividend ClerkSupport BrokerTransfer AgentTransfer Clerk+1 more
Exploring the Business Broker career path? Truest helps you figure out if it's the right fit β€” and plan your path forward.
Explore career tools
✦ Editorial β€” career progression and interview guidance based on industry patterns
The Broader Landscape

Roles like this one sit within a broader occupational category. The numbers below reflect that full landscape β€” helpful for context, but your specific experience will depend on level, specialty, and where you work.

$48K–$92K
Salary Range
10th – 90th percentile
40K
U.S. Employment
-9.5%
10yr Growth
4K
Annual Openings

How this category is changing

$64K$61K$59K$56K$53K201920202021202220232024$53K$64K
BLS OEWS May 2024 Β· BLS Employment Projections 2024–2034

Skills & Requirements

Active ListeningSpeakingReading ComprehensionTime ManagementCritical ThinkingMonitoringWritingService OrientationActive LearningMathematics
O*NET OnLine Β· Bureau of Labor Statistics
Mapped SOC Codes
43-4011.00

Explore related roles

Roles with similar work and overlapping career paths

midBusiness Banker$76KmidBroker$71KmidBond Broker$78KmidLoan Broker$78KmidFloor Broker$78KmidGrain Broker$78K
View all Admin & Office roles β†’

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Federal data: BLS Occupational Employment & Wage Statistics (May 2024) Β· BLS Employment Projections Β· O*NET OnLine
Truest editorial: Fit check, role profile, things that vary, advancement analysis, lateral moves, interview questions.