As of March 01, 2025, the average annual salary for a Business Broker in Michigan is $65,062. According to Salary.com, salaries can range from a low of $52,552 to a high of $83,695, with most professionals earning between $58,514 and $74,815.
| Percentile | Salary | Location | Last Updated |
| 10th Percentile Business Broker Salary | $52,552 | MI | March 01, 2025 |
| 25th Percentile Business Broker Salary | $58,514 | MI | March 01, 2025 |
| 50th Percentile Business Broker Salary | $65,062 | MI | March 01, 2025 |
| 75th Percentile Business Broker Salary | $74,815 | MI | March 01, 2025 |
| 90th Percentile Business Broker Salary | $83,695 | MI | March 01, 2025 |
Business brokers, also called business transfer agents, or intermediaries, assist buyers and sellers of privately held businesses in the buying and selling process. They typically estimate the value of the business; advertise it for sale with or without disclosing its identity; handle the initial potential buyer interviews, discussions, and negotiations with prospective buyers; facilitate the progress of the due diligence investigation and generally assist with the business sale. Agency relationships in business ownership transactions involve the representation by a business broker (on behalf...
Source: Wikipedia (as of 04/17/2019). Read more from Wikipedia
See user submitted job responsibilities for Business Broker.
| Location | Avg. Salary | Date Updated |
|---|---|---|
| Location Taylor, MI | Avg. Salary $65,105 | Date Updated March 01, 2025 |
| Location Acme, MI | Avg. Salary $60,898 | Date Updated March 01, 2025 |
| Location Ada, MI | Avg. Salary $62,775 | Date Updated March 01, 2025 |
| Location Addison, MI | Avg. Salary $65,040 | Date Updated March 01, 2025 |
| Location Adrian, MI | Avg. Salary $64,069 | Date Updated March 01, 2025 |
| Location Afton, MI | Avg. Salary $60,122 | Date Updated March 01, 2025 |
| Location Ahmeek, MI | Avg. Salary $61,545 | Date Updated March 01, 2025 |
| Location Akron, MI | Avg. Salary $60,186 | Date Updated March 01, 2025 |
| Location Alanson, MI | Avg. Salary $60,122 | Date Updated March 01, 2025 |
| Location Alba, MI | Avg. Salary $60,122 | Date Updated March 01, 2025 |
2 - 4 years experience
Bachelor's Degree
Bachelor's Degree
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About Michigan Michigan consists of two peninsulas that lie between 82°30' to about 90°30' west longitude, and are separated by the Straits of Mackinac. The 45th par....More
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