10 Best Business Brokers in Philadelphia (2024)

Buying or selling a business can be a complex transaction, but one way to demystify the process is by enlisting the help of an established business broker. Whether you’re planning your exit strategy from your own small business in Philadelphia, or looking for a specific type of business to invest in, a local business broker can help streamline your search for a buyer or seller, and handle many of the procedural details along the way. 

You may be wondering how or where to find the best business broker, and how do you know what qualities to look for? Below we’ll break down some of the benefits you’ll have when you work with a broker, followed by a curated list of the 10 best business brokers in the Philadelphia area.  

The benefits of using a business broker

For sellers

Whether you’re planning to retire from your successful business, or have new interests and are ready to embark on a new career path, a business broker can help you sell the business and plan your exit strategy. A good broker should have a large network of potential buyers, and can help find and qualify one who’s looking to buy in your area.

Before they put together a marketing plan for you, the broker can help you calculate the valuation of your business to ensure you’ll get the maximum value for your business. A broker with plenty of experience will have some idea of the market and how much other comparable businesses have sold for recently. This will save you time and energy, and will make the entire sales process faster from start to finish. 

For buyers

For potential investors, building a solid relationship with a business broker is almost as important as deciding what type of business to buy. Through their extensive network of past and present clients, they will have a unique perspective on the current state of the market, and can bring you opportunities based on your specific interests—maybe even before they are officially listed. 

A broker can save you some of the time and expense you would otherwise need to spend vetting the business before making an offer. Of course, you’ll still need to make an effort and do your due diligence on any prospect. But the broker will handle many of those details for you so you don’t have to do the legwork yourself. 

Working with a broker will give you peace of mind, ensure all the paperwork and legal filings are in order, so the transaction is streamlined and more efficient overall. 

Best business brokers in Philadelphia 

1. Website Closers

If your Philadelphia business operates entirely online, Website Closers should be on your short list for business brokers to partner with. Their advisors have specialized knowledge of the tech industry and other digitally-focused businesses, such as eCommerce, digital marketing and other online retail and service-based companies. 

A broker who can understand your type of business on a deep level is essential to maximizing the value of your business and finding the right buyers who share your interest and your passion for growing the company. Website closers will provide a full analysis of your business beyond just the numbers. Knowing the true value of your business will help you negotiate with confidence and walk away more than satisfied with the terms of your deal. 

2. ValleyBiggs

The team of advisors at ValleyBiggs specialize in brokering sales of digital and tech companies valued at $5 million and higher. They work with each of their clients to conduct a comprehensive valuation of the business, identifying ways to enhance its value and set the list price that will attract the right buyers and give you the best possible return. 

ValleyBiggs will be there to guide you at every stage of the sales process so you can focus on running your business as usual. This broker is committed to transparency, and will keep you informed of any delays or unforeseen circumstances that might slow down or prevent the deal from closing within the estimated timeline.   

3. The Bridlebrook Group

Since 2003, the Bridlebrook Group has been helping business owners sell their profitable companies in the Philadelphia area. Offering a no-obligation free consultation and value analysis, this broker will help you understand the real value of your business and what drives that value. 

Then they can show you how to increase that value in order to maximize your current profits and boost your return on investment if and when you decide to sell. This broker also knows how important it is to maintain confidentiality throughout the sales process, so you won’t have to disclose any details about the sale to your customers, vendors, or employees until you’re absolutely ready.     

4. First Choice Business Brokers

This team of brokers have varied experience in all areas of business, including accounting, law, banking, insurance, and real estate. Their combined expertise enables First Choice Business Brokers to be a true partner with their clients in the process of buying or selling a business. 

With 70+ offices throughout the U.S., they can market your business directly to a national network of pre-qualified potential buyers. Your transaction will be smooth and efficient with the help of the proprietary automated tools used by First Choice Business Brokers. Before you know it, your deal will be closed and you can move on to your next venture. 

5. CrossRoads Business Brokers

With years of proven experience at sales in the lower to middle-market sector, CrossRoads Business Brokers is one of the most reliable firms in the Philadelphia area. No matter how complex or simple your transaction is, every client can benefit from the same premium level of service from this broker.

They use cutting-edge tools to tap into a vast database of individual buyers and decision makers who are serious about investing in an established, successful business. This team will package and present your business for maximum value, so you can focus on negotiating the terms of your deal that align with your business goals.  

6. Inbar Group, Inc.

Providing the highest level of brokerage services to businesses throughout Pennsylvania, Inbar Group has been closing successful deals for decades. As one of the most respected firms in Philadelphia, this team works with business owners in a range of diverse industries, including manufacturing, distribution, professional services, and more. 

Using a proprietary vetting process, your broker will dig deep into the financials of a business to identify its strengths and weaknesses. The accuracy of valuation is key to developing a marketing strategy targeted to established, qualified buyers. This customized approach ensures a quick, stress-free sale that will satisfy both the seller and buyer. .   

7. Morgan & Westfield

A traditional M&A firm specializing in mid-market companies with up to $10 million in profits,  Morgan & Westfield offers a tailored approach to best serve each client’s needs. They connect business owners with an advisor who has a thorough understanding and a background in their specific industry.

This diverse team of brokers have hands-on experience in business as well as sales; many of them have previously managed or owned their own companies, so they can relate to some of the particular concerns that business owners may have about the sales process.  

8. Synergy Business Brokers

If you own a Philadelphia business or are looking to acquire one, your best option is a Philadelphia broker with established connections in the local business economy. Synergy Business Brokers gives you the advantage of working with a local branch of a national brand. 

They are an award-winning mergers and acquisitions (M&A) firm with experience in the technology, manufacturing, construction, healthcare, and transportation industries, among others. If you’re considering the idea of selling your business, Synergy offers a free consultation to provide some guidance and explain the entire process. 

9. Murphy Business Sales 

The Eastern Pennsylvania office of Murphy Business Sales has a strong presence in the community and can provide valuable insight into the local market. Along with their business brokerage services, this branch offers equipment appraisals and employs commercial real estate brokers as well. 

As one of the largest business brokers in North America, Murphy Business Sales has more than 125 offices throughout the U.S. and Canada. Working with them gives you access to their local contacts as well as an extended network of business owners and potential buyers nationwide and beyond. 

10. Sunbelt Business Brokers

The brokers at the Philadelphia branch of Sunbelt have decades of combined experience and maintain close contacts in the local business community. Their targeted approach to selling your business starts with a thorough analysis of your business, including its intellectual and physical property. 

They’ll create a customized marketing plan that maximizes the value of  your company to attract the most serious buyers. For the buyer, they tap into their national network of business owners to help you find an exact match for your business goals and professional interests. Dedicated to facilitating a deal that both parties can be satisfied with, Sunbelt Business Brokers is waiting to hear from you.

The bottom line

It should be clear now that the best way to streamline the sale of a business is by finding the right business broker to work with. An experienced broker will help you assess the value of your business, create a marketing plan, connect you with potential buyers for your business, and ensure that both parties get the maximum value from the deal.

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