How much does a Business Broker make in MN?

As of March 01, 2025, the average annual salary for a Business Broker in Minnesota is $66,205. According to Salary.com, salaries can range from a low of $48,680 to a high of $84,857, with most professionals earning between $57,031 and $75,968.

Based on HR-reported data: a national average with a geographic differential
Business Broker Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Business Broker Salary $48,680 MN March 01, 2025
25th Percentile Business Broker Salary $57,031 MN March 01, 2025
50th Percentile Business Broker Salary $66,205 MN March 01, 2025
75th Percentile Business Broker Salary $75,968 MN March 01, 2025
90th Percentile Business Broker Salary $84,857 MN March 01, 2025
25% $57,031 10% $48,680 90% $84,857 75% $75,968 $66,205 50%(Median) Didn’t find job title? Click
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What is a Business Broker ?

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

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Location Avg. Salary Date Updated
Location Lakeville, MN Avg. Salary $68,211 Date Updated March 01, 2025
Location Minnetonka, MN Avg. Salary $68,664 Date Updated March 01, 2025
Location Ada, MN Avg. Salary $61,157 Date Updated March 01, 2025
Location Adams, MN Avg. Salary $64,263 Date Updated March 01, 2025
Location Adolph, MN Avg. Salary $62,516 Date Updated March 01, 2025
Location Adrian, MN Avg. Salary $57,792 Date Updated March 01, 2025
Location Afton, MN Avg. Salary $68,146 Date Updated March 01, 2025
Location Ah Gwah Ching, MN Avg. Salary $62,128 Date Updated March 01, 2025
Location Aitkin, MN Avg. Salary $62,581 Date Updated March 01, 2025
Location Akeley, MN Avg. Salary $62,192 Date Updated March 01, 2025
Job Openings for Business Broker in Minnesota

Career Path for this job

  1. This Job:

    Business Broker

    2 - 4 years experience
    Bachelor's Degree

  2. Up a level:

    Branch Manager - Insurance


    Bachelor's Degree

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