An individual (or company) that solicits and represents business owners that are considering selling their business. A Business Broker acts as an M&A advisor between sellers (business owners) and buyers.
Main Street Business Brokers typically sell businesses for less than $1,000,000. Individuals who Acquire these companies (small service businesses) usually want the independence of running their own company and want to replace their salary with the income of the business.
Glossary Index / Business Broker