Get this practical guide for experienced professionals evaluating business brokerage ownership.
How Much Does It Cost to Start a Business Brokerage Franchise?
The initial franchise fee for a Murphy Business Sales franchise is $47,500, and the total estimated initial investment is $65,090 to $85,900,1 as detailed in Item 7 of the Franchise Disclosure Document (FDD).
Can I Start a Business Broker Franchise with an Initial Investment Under $100K?
Yes. Murphy Business Sales offers a professional services franchise with an estimated total initial investment of $65,090 to $85,900.1
The business model requires no inventory or leased office space. Franchisees may choose to operate from a home-based office or establish a separate office location, providing flexibility in how they set up and operate their practice.
Franchise Investment at a Glance
| Initial franchise fee | $47,500 |
| Total estimated initial investment | $65,090 to $85,9001 (FDD Item 7) |
| Ongoing fees | Royalty and other ongoing fees, detailed in FDD Item 6 |
| Minimum liquid capital requirement | $50,000 |
| Minimum net worth requirement | $250,000 |
| Veteran’s Incentive | $5,000 off the initial franchise fee |
This appointment scheduler is for individuals interested in exploring a Murphy Business Sales franchise opportunity.
If you are looking to sell a business, buy a business, or speak with a business broker, please visit MurphyBusiness.com.
What Does Your Franchise Investment Include?
Starting a business brokerage practice independently means developing your own brand, processes, technology, marketing resources, training and professional network. As a Murphy Business Sales franchisee, you operate an independently owned and operated business3 within an established franchise system, with access to all of that from day one.
Training and on-going education. Initial training introduces franchisees to business brokerage and the processes used within the Murphy Business system. Learning continues as you develop your practice through internal webinars, information sessions, playbooks, coaching resources and the annual Murphy Business conference.
An established brand and business model. Franchisees operate under the Murphy Business Sales brand and follow established brand standards, processes and operating requirements.
Systems, tools and marketing resources. Franchisees have access to the systems, technology, marketing resources and established processes that support the operation of a Murphy Business Sales franchise.
A collaborative national network. Franchisees are part of a national network of business brokers, with opportunities to connect and collaborate with professionals across markets, industries and transaction types.
What Are the Ongoing Fees?
Like most franchise systems, Murphy Business Sales charges a royalty and other ongoing fees that fund the training, systems, brand and support described above. The full schedule of ongoing fees is set out in Item 6 of the FDD, and the franchise development team walks through it with you during the evaluation process.
What Should I Financially Prepare for Beyond the Initial Investment?
The cost of starting the franchise is only one part of preparing for business ownership. Business brokerage is relationship-driven work. Developing professional relationships, building a pipeline, securing engagements and moving transactions through the process takes time.2
Before starting any new business, consider whether you have sufficient resources for both business working capital and your personal living expenses while you establish the business. Your personal financial plan may need to account for housing, insurance, healthcare, debt obligations, household expenses and other commitments in addition to the capital required to operate your business.
The appropriate amount is different for every individual. Murphy Business Sales currently looks for candidates with at least $50,000 in liquid capital and a minimum net worth of $250,000. Meeting these requirements does not eliminate the need to plan separately for your personal living expenses, so consider your circumstances carefully and discuss them with your financial advisor as part of your due diligence.
Franchise Investment FAQs
Is Murphy Business Sales a franchise under $100K?
Yes. The estimated total initial investment for a Murphy Business Sales franchise is $65,090 to $85,900, including the $47,500 initial franchise fee, according to Item 7 of the current Franchise Disclosure Document. Review the FDD for the complete breakdown, assumptions and other financial obligations before making an investment decision.
What does a franchise cost compared with starting independently?
There are different ways to enter business brokerage. Starting independently means paying for, and building, each component of the business yourself. A franchise provides an established framework from which to begin.
Read the full comparison: how to start a business brokerage firm, independent vs. franchise
What are the financial requirements to become a Murphy Business Sales franchisee?
Murphy Business Sales currently looks for prospective franchisees with at least $50,000 in liquid capital and a minimum net worth of $250,000. These requirements are one part of the mutual evaluation process, and you should separately consider the resources you may need for working capital and personal living expenses.
How can I fund a business brokerage franchise?
Common ways to fund a business brokerage franchise include personal savings, retirement funds, home equity, a conventional bank loan, or a combination of these. Because the total estimated initial investment is $65,090 to $85,900,1 many candidates can cover a large share from savings and finance the rest.
What are the ongoing fees?
A Murphy Business Sales franchise includes a royalty and other ongoing fees, which are detailed in Item 6 of the FDD and reviewed with you during the evaluation process.
How much money should I have available beyond the franchise investment?
There is no single amount that is right for everyone. In addition to the funds required to establish and operate the business, consider how you will cover your personal living expenses while developing your practice. Transactions can take time to develop and complete, so personal financial planning should be part of your evaluation.2
Do I need previous business brokerage experience, and can I work from home?
No brokerage experience is required. Murphy Business Sales provides initial training, and franchisees have access to ongoing education as part of the franchise system. And yes, a Murphy Business Sales franchise can be operated from a home-based office, subject to applicable requirements and the terms of the franchise agreement.
Could my professional background translate to business brokerage?
Previous business brokerage experience is not required. Business brokerage involves understanding businesses and financial information, developing professional relationships, communicating with owners and buyers, managing negotiations and helping clients navigate complex transactions. Experience in leadership, finance, sales, operations, consulting, entrepreneurship or business ownership may provide relevant skills for the work.
Murphy Business Sales considers a candidate’s professional background, business experience, financial requirements and overall alignment with the franchise model as part of a mutual evaluation process.
How do I get the Franchise Disclosure Document?
The FDD is provided during the evaluation process, after an initial conversation with the franchise development team. It contains the complete information on fees (Item 5), ongoing fees (Item 6) and the estimated initial investment (Item 7), and you are encouraged to review it with your own legal and financial advisors.
What happens after I request information?
Requesting information is the beginning of an evaluation process, not a commitment. As you progress you will learn more about the business model, ask questions, speak with the franchise development team, review the FDD, participate in validation and meet members of the Murphy Business Sales team. The process is designed to give both you and Murphy Business Sales the opportunity to determine whether there is mutual alignment before any franchise decision is made.
Do I need any special licensing?
Whether you need a license to become a business broker depends on the state in which you operate. In most states, no licensing is required. However, a real estate license is required if the sale of a business involves real estate (like commercial property or a lease). Any required licensing or training is an additional out-of-pocket investment and is not included in the initial franchise fee.
Prefer to keep researching? Get the Franchise Ownership Guide
The Franchise Ownership Guide walks through the role, the process, and what Murphy provides. Download it and review at your own pace.
Hear From Murphy Business Sales Franchise Owners
Testimonials reflect individual experiences. Results vary and are not guaranteed.
Is a Murphy Business Sales Franchise Worth Exploring?
You do not have to decide whether business brokerage ownership is right for you before starting a conversation. A conversation with our franchise development team is an opportunity to ask questions, understand the business model and determine whether the opportunity may align with your experience, goals and what you are looking for in business ownership.
Not ready to talk? Attend an information session or download the guide.
1 Estimated initial investment based on Item 7 of the current Murphy Business Sales Franchise Disclosure Document. Actual costs vary by market and individual circumstances. Review the FDD in full before making any investment decision.
2 Murphy Business Sales does not make any representation about a franchisee’s future financial performance or how long it will take to generate revenue. Results vary based on individual effort, market conditions and other factors. Refer to Item 19 of the FDD.
3 Each Murphy Business Sales office is independently owned and operated. Franchisees are responsible for operating their own businesses, including generating clients and transactions.
Fee and investment information presented here is for general informational purposes only and may be subject to change. For complete information regarding initial fees, ongoing fees and other charges, and the estimated initial investment, please refer to Items 5, 6, and 7, respectively, of the current Murphy Business Sales Franchise Disclosure Document (FDD). Prospective franchisees should review the FDD carefully and rely on the disclosures contained in the FDD when evaluating the franchise opportunity.
This information is not intended as an offer to sell a franchise. An offer can only be made through a Franchise Disclosure Document (FDD).
With Murphy Business, you’re not just choosing a business broker franchise, you’re choosing a partner committed to your success.
Let’s build your future together.
GET IN TOUCH
COMPANY
With Murphy Business, you’re not just choosing a business broker franchise, you’re choosing a partner committed to your success.
Let’s build your future together.
GET IN TOUCH
Head Office
407 N Belcher Road, Clearwater, FL 33765
Email
FranDev@MurphyBusiness.com
Phone
(727) 725-7090
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