How Much Will A Business Transfer Agent Or Broker Charge?

Generally, they all charge a percentage of the sale price (the “success fee”). This might be in the region of 5–10 %, although precise figures will vary from one transaction to another.

Some agents may agree to be paid hourly or on the basis of a retainer. They may also ask for an upfront listing fee for advertising your business for sale.

We recommend that you speak with us before you commit to a particular broker’s signed terms of business and we can give you our opinion on whether they are suitable for you.

Remember though that once you sign up to a broker you are committed to pay their fee which will usually be paid directly by the seller’s solicitor from the sale proceeds.

About the Author: Martin Truman

Solicitor and Managing Director at Truelegal Solicitors: Martin has spent 25+ years advising entrepreneurs and business owners. With over 3,100 small and mid-size business sale and purchase transactions completed under his watch, he is confident that Truelegal has the toolkit to deal with most issues that buyers and sellers of UK businesses encounter. Realising the full value of a business for its owner on exit is his passion.