Your Ultimate Guide to Business Broker Fees

Selling a business is a big step, and a business broker can help you get top dollar while streamlining the process. But what do business brokers charge? This guide dives into their fees, commission structures, and whether they’re worth it, so you can make smart choices when selling your business. What Are Business Broker Fees? Business broker fees cover services like valuing your business, marketing it to potential buyers, negotiating deals, and closing the sale. These fees reward brokers for their expertise and effort in ensuring a successful sale. Are Business Brokers Paid a Commission? Yes, brokers are typically paid a commission, usually 8-12% of the sale price, with 10% being standard. For example, a $500,000 sale at 10% means a $50,000 fee. This motivates brokers to maximize your sale price. How Are Fees Structured? Fees vary based on the broker and deal. Common structures include: 1. Commission-Based Fees Most brokers charge 8-12% of the sale price, incentivizing them t...