Business Broker Salary in Springfield, Illinois

Business Broker Salary in Springfield, IL

How much does a Business Broker make in Springfield, IL?

As of April 01, 2025, the average annual salary for a Business Broker in Springfield, IL is $63,664. According to Salary.com, salaries can range from a low of $51,424 to a high of $81,897, with most professionals earning between $57,257 and $73,208.

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Business Broker Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Business Broker Salary $51,424 Springfield,IL April 01, 2025
25th Percentile Business Broker Salary $57,257 Springfield,IL April 01, 2025
50th Percentile Business Broker Salary $63,664 Springfield,IL April 01, 2025
75th Percentile Business Broker Salary $73,208 Springfield,IL April 01, 2025
90th Percentile Business Broker Salary $81,897 Springfield,IL April 01, 2025
25% $57,257 10% $51,424 90% $81,897 75% $73,208 $63,664 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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Job Openings for Business Broker in Springfield, IL

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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Understand the total compensation opportunity for a Business Broker, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
57257
73208
63664

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
57257
73208
63664
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Business Broker in Springfield, IL. The base salary for Business Broker ranges from $57,257 to $73,208 with the average base salary of $63,664. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $57,257 to $73,208 with the average total cash compensation of $63,664.

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57257
73208

 

About Springfield, Illinois    Springfield is the capital of the U.S. state of Illinois and the county seat of Sangamon County. The city's population of 116,250 as of the 2010 U.S. ....More

Springfield, Illinois  area prices were up 1.3% from a year ago

Business Broker Salary in popular cities: Chicago, Aurora, Rockford

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Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap, Job Openings for This Role

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