Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Classifieds
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

3,437
Posts
4,036
Votes
Charlie MacPherson
  • China, ME
4,036
Votes |
3,437
Posts

Make *BREATHTAKING* money as a Business Broker!

Charlie MacPherson
  • China, ME
Posted

Inbar Group, Inc. continues to grow and has been recognized as one of the Top 25 business brokerages in the country. We are now 6 offices, 7 brokers and 3 admins covering 17 states.

We are looking for another Business Broker to service Massachusetts and Rhode Island.

The successful candidate will have meaningful business experience. You should be able to read at least the highlights of a tax return, P&L and Balance Sheet. You should be mid-level proficient with Word & Excel.

Business owners, managers and entrepreneurs are all good candidates. Realtors *might* be, but while business brokering looks like real estate brokering from 1,000 feet away, it's a very different practice.

However, I don't expect any candidate to have business brokering experience, so we will train you from the ground up.

The position is 100% commission, so you'll need a plan to get you through start up. Count on approximately 9 months.


However, unlike being a Realtor, Inbar Group pays all marketing expenses. That includes thousands of postcards mailed to prospects each month, an Appointment Setter whose job it is to fill your calendar with appointments and an admin person to handle the details.

BTW, the Appointment Setter is incentivized with a bonus whenever we close a sale, so they are motivated to send you on good, qualified appointments. Again, that costs you nothing.

We have an office for you in Dedham, MA with a shared receptionist and conference room along with a private office for you.

The only expense you have to cover is your vehicle and related expenses.

One key to success is to go out to meet the seller face-to-face, so plan on driving quite a bit. But if your trip results in a $4,000,000 listing and a $200,000 commission, is that worth driving for a few hours?

We charge sellers 10% of the sale price at closing and you'll make 50% of that.

A big advantage for business sellers in dealing with us is that we charge sellers nothing up front and no other fees aside of the 10% commission.

I have heard of one competitor charging a $7,000 listing fee and another that sells the business owner on a flashy analysis and PDF book - for $30,000 up front. We have no fee unless we're successful and then it's only the 10% commission. That's a very attractive proposition for a business owner

We sell almost any kind of business. Examples include convenience stores, restaurants, trash haulers, motels, precast concrete companies, medical facilities, etc. We especially like distribution and manufacturing.

We've sold some really unique businesses too. For example, a company that makes elevator counter-weights. One that is a reptile wholesaler. A machine shop that makes caps for perfume bottles and one that makes furniture-leveling devices. I've even sold the company (FBO) that operates the Maine State Airport in Augusta!

Take a look at our website and you'll see what we have on the market right now. www.InbarGroup.com.

This is a very good time to get into the business as there is a glut of retiring baby boomers. They've spent decades building their businesses and many have never really thought about an exit plan. When we show them the way to retire with a pile of money, many are all too happy to sign a 12-month exclusive listing agreement with us. Not to mention that lending rates are coming down along with the Prime Rate.

This can be a very, very lucrative opportunity with real life earnings in the mid to high 6-figures.

Interested? Give me a call on my business cell at 207-352-1000 or email [email protected] and let's chat.