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With an Initial Franchise Fee (IFF) of $47,500* and low overhead costs you can be in business and launch your first year of marketing for under 100K*. *Please see Items 5,6 and 7 in our FDD for more details.

Murphy Business Brokers often start as home-based businesses, this allows you to keep your overhead low, while you focus on growth and maximize your profits.

Generally, a business broker is meeting with buyers and sellers during normal business hours. Sometimes we meet with clients after hours or on weekends due to the need to maintain confidentiality or for the convenience of all parties. This is the exception rather than the rule. Travel is generally limited to your local area with the exception of industry conferences and occasionally a business transaction.

Trusted Advisors since 1994, Murphy Business Sales is one of the largest and most successful business brokerage firms in the US and we’re growing. Our business brokers are among the best in the industry and while you don’t need previous business broker experience to become a Murphy Business Broker you must be a seasoned business executive with a commitment to excellence and a track record of success. Want to learn more about joining our growing network of independently owned and operated business broker franchises? Reach out to us today and we’ll help you determine if this is the right opportunity for you.

Whether you need a license to become a business broker depends on the state you operate in. In many U.S. states, a real estate license is required if the sale of a business involves real estate (like commercial property or a lease). For example, states like California and Florida require a real estate license for business brokers, while others like Illinois and New York may have different regulations or exemptions. It’s important to check with your state’s real estate or business regulatory agency to understand the specific licensing requirements. To learn more, check out this helpful guide: Do You Need a License to Be a Business Broker

You don’t need prior business ownership experience to succeed in the field, but having experience as a business owner or in a similar role can be a significant advantage. Owning or managing a business provides valuable insights into operations, financials, and the challenges businesses face, helping you guide clients effectively and confidently. That said, business brokers come from diverse professional backgrounds, including sales, finance, law, real estate, marketing, and more. Transferable skills like negotiation, problem-solving, and strong communication are highly valued in this profession. Whether you’re transitioning from another industry or have firsthand experience as a business owner, there’s no single path to becoming a successful business broker. By leveraging your unique skill set, deepening your industry knowledge, and committing to continuous learning, you can build a thriving career in business brokerage.