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BPBG Blog

BLOG POST #4

4/22/2025

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The Growing U.S. Business Brokers Industry: Opportunities for BridgePoint Business Group

At BridgePoint Business Group, we’re excited to share insights about the dynamic and rapidly evolving U.S. business brokers industry, valued at $1.8 billion in 2024 and poised for significant growth. As a trusted partner in business sales, acquisitions, and strategic planning, we’re positioned to capitalize on this expanding market to help our clients achieve their business goals. Let’s dive into why this industry is thriving, what’s driving its growth, and how BridgePoint Business Group is ready to lead the way.

A Booming Market Fueled by Demand

The U.S. business brokers industry is experiencing a surge, driven by an unprecedented wave of business sales. With approximately 33 million small businesses in the United States, an estimated 12 million are expected to change hands over the next 10-15 years. This demand is largely fueled by retiring Baby Boomers looking to exit their businesses, alongside younger entrepreneurs, including Millennials, who are selling to pursue new ventures. Remarkably, only 20% of businesses sold today are facilitated by professional business brokers, leaving an 80% untapped market ripe with opportunity Marketdata LLC, 2024.

Key Stat: The global business broker services market is projected to grow from $4.92 billion in 2024 to $11.33 billion by 2033, at a compound annual growth rate (CAGR) of 10.96% Business Research Insights, 2025.

At BridgePoint Business Group, we see this as a golden opportunity to connect buyers and sellers, ensuring seamless transactions that maximize value for all parties involved.

Industry Structure and Opportunities

The business brokers market is highly fragmented, with over 1,500 brokerage firms employing approximately 8,800 brokers nationwide. The average brokerage firm generates revenues of $396,000, while brokers earn an average of $120,200 annually. Franchising plays a significant role, with top firms like Transworld Business Advisors, Murphy Business, Sunbelt Business Brokers, and First Choice Business Brokers operating a combined 724 outlets, boasting average earnings per outlet of up to $861,000 per year—far surpassing the industry average WebWire, 2024.

BridgePoint Business Group stands out in this competitive landscape by offering personalized, client-focused services. Our team combines deep financial expertise, negotiation prowess, and strategic planning to guide clients through complex transactions. Whether you’re a seller looking to retire or a buyer seeking a profitable acquisition, we tailor our approach to meet your unique needs.

Key Drivers of Growth

Several factors are propelling the business brokers industry forward:

  • Falling Interest Rates: Lower interest rates make it easier for buyers to secure capital, increasing transaction activity Marketdata LLC, 2024.
  • Technology and AI: Innovations like AI-based valuation tools and digital platforms streamline due diligence and valuations, enabling brokers to close deals faster. Since 2021, AI has transformed business valuations by analyzing vast datasets for more accurate and efficient results Business Research Insights, 2025.
  • Regulatory Support: The Broker Simplification Act of 2023 has reduced regulatory burdens, making it easier for brokers to operate and fostering industry growth GlobeNewswire, 2024.
  • Diverse Seller Demographics: More women and younger entrepreneurs are entering the market, diversifying the seller pool and driving demand for brokerage services WebWire, 2024.
  • Private Equity Activity: Private equity firms are increasingly targeting small businesses with strong cash flows, particularly in niche industries, boosting demand for professional brokers. In 2024, 37% of brokers reported a slight increase in private equity activity, with 16% noting a significant uptick BizBuySell Insight Report, 2024.

BridgePoint Business Group leverages these trends by integrating cutting-edge technology and maintaining a robust network of industry contacts. Our expertise in navigating private equity deals and utilizing AI-driven tools ensures our clients receive top-tier service and optimal outcomes.

Challenges and How BridgePoint Overcomes Them

Despite its growth, the industry faces challenges. The ease of entry and lack of licensing requirements in many states attract inexperienced brokers, including real estate agents who may lack the specialized skills needed for complex business transactions. Deals can take 6-9 months to complete, and many fall through due to information asymmetry or financing issues Marketdata LLC, 2024.

At BridgePoint, we mitigate these challenges through:

  • Expertise: Our brokers possess comprehensive knowledge of finance, due diligence, and negotiation, ensuring smooth and successful transactions.
  • Transparency: We prioritize clear communication and thorough due diligence to build trust and reduce risks for buyers and sellers.
  • Creative Financing Solutions: With high interest rates cited as a top concern by 23% of brokers, we work closely with clients to explore seller financing and other innovative solutions to secure deals BizBuySell Insight Report, 2024.

Why Choose BridgePoint Business Group?

As the business brokers industry grows, BridgePoint Business Group is committed to being your trusted partner. Our services go beyond traditional brokerage, offering strategic planning, business consulting, and value-added solutions to help clients maximize their business value. Whether you’re selling a family-owned business or acquiring a franchise, our team is dedicated to delivering results with integrity and professionalism.

Contact BridgePoint Business Group Today

Looking Ahead

The U.S. business brokers industry is on an upward trajectory, with forecasts predicting steady growth through 2030. As more businesses change hands and technology continues to reshape the landscape, BridgePoint Business Group is poised to lead the charge. We invite you to partner with us to navigate this exciting market and achieve your business objectives.

For more information on our services or to discuss your business needs, visit our website or reach out to our team. Together, we can unlock the full potential of your business in this thriving industry.

Sources:

  • Marketdata LLC, The U.S. Business Brokers Industry, 2024
  • WebWire, $1.8 Billion U.S. Business Brokers Industry Poised For Future Growth, 2024
  • Marketdata LLC, $1.8 Billion Business Brokers Market Poised For Growth, 2024
  • GlobeNewswire, U.S. Business Brokers Industry Research Report 2024-2030, 2024
  • BizBuySell, Insight Report - Market Trends, 2024
  • Business Research Insights, Business Broker Service Market Size, Share, Trend Report, 2033, 2025
  • Business Research Insights, Business Broker Services Market Size, Share Report, 2032, 2025
Mike DeVault 
Principle Broker/Owner
BridgePoint Business Group
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    Author
    Michael DeVault 

    As the author of the BridgePoint Business Group Blog and the driving force behind BridgePoint Business Group, I’m a dedicated business broker with a mission to guide entrepreneurs through the intricate journey of buying and selling businesses. My name is [Your Name], and I’ve spent years honing my expertise in this field, fueled by a genuine passion for helping business owners achieve their goals—whether that’s securing the perfect exit strategy or finding the right opportunity to grow. Based in Nashville, Tennessee, I founded BridgePoint Business Group to provide tailored, client-focused solutions, and this blog is my way of sharing the knowledge I’ve gained along the way. I believe in empowering my clients with clarity and confidence, which is why I write about everything from market trends and valuation insights to practical tips for navigating negotiations. My experience has taught me that every business has a unique story, and I take pride in understanding those stories to deliver results. With a network of over 6,000 buyers in Middle Tennessee and beyond, I bring not just expertise but also connections to the table. Through my blog, I aim to be a trusted resource for small to medium-sized business owners, offering free, actionable advice—much like the confidential valuations I provide through my firm. Whether you’re ready to sell, buy, or simply explore your options, I’m here to help you take the next step with purpose and precision.

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Mike DeVault Principal Broker/Owner BridgePoint Business Group
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BridgePoint Business Group

Our business experience as buyers, sellers and operators of companies along with the  completion of business brokerage comprehensive training, prepares us for all facets of consulting, valuing and selling a business. We understand the utmost importance of confidentiality and live by the fact that it begins the moment that you contact us. In the business brokerage process also understand the necessity of qualifying buyers and realize that a business will not sell to an unqualified buyer.
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