How big is the business broker market?
There are over 23 million businesses in the United States. At any given time, an estimated 18% (over 4 million!) of those businesses will change hands annually. Studies show there are over 78 million baby boomers, of which 9% are planning to retire and sell their business. In addition, there are 13.5 million unemployed, many of which are looking to buy businesses. Based upon recent surveys, there are only 3,500 Business Brokerage offices in the U.S. today! It is an enormous, untapped market! Benefits of Becoming a Business Broker! Business Brokering is one of the most exciting, challenging and lucrative careers available today. A business broker, on average, earns $150,000 to $250,000 per year in commissions.
