How much does a Business Broker make in MN?

As of April 01, 2025, the average annual salary for a Business Broker in Minnesota is $67,454. According to Salary.com, salaries can range from a low of $54,485 to a high of $86,773, with most professionals earning between $60,666 and $77,566.

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 $54,485 MN April 01, 2025
25th Percentile Business Broker Salary $60,666 MN April 01, 2025
50th Percentile Business Broker Salary $67,454 MN April 01, 2025
75th Percentile Business Broker Salary $77,566 MN April 01, 2025
90th Percentile Business Broker Salary $86,773 MN April 01, 2025
25% $60,666 10% $54,485 90% $86,773 75% $77,566 $67,454 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 $67,274 Date Updated April 01, 2025
Location Minnetonka, MN Avg. Salary $67,701 Date Updated April 01, 2025
Location Ada, MN Avg. Salary $61,304 Date Updated April 01, 2025
Location Adams, MN Avg. Salary $64,266 Date Updated April 01, 2025
Location Adolph, MN Avg. Salary $62,047 Date Updated April 01, 2025
Location Adrian, MN Avg. Salary $57,746 Date Updated April 01, 2025
Location Afton, MN Avg. Salary $67,197 Date Updated April 01, 2025
Location Ah Gwah Ching, MN Avg. Salary $62,002 Date Updated April 01, 2025
Location Aitkin, MN Avg. Salary $62,345 Date Updated April 01, 2025
Location Akeley, MN Avg. Salary $62,267 Date Updated April 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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