BizBuySell vs. a Business Broker
Should you list your business on BizBuySell yourself or hire a business broker? An honest comparison for South Florida owners.
561-373-7788BizBuySell vs. a business broker is a question almost every owner asks once they start looking at what businesses sell for. BizBuySell is the largest online marketplace for businesses for sale. A business broker is the person who values, packages, markets, and negotiates the sale. They are not really competitors: most brokers use marketplaces like BizBuySell as one channel among several.
What a marketplace gives you
- Large audience of buyers browsing listings
- Inexpensive or free listing options for owners
- Useful market data on what similar businesses are asking
What a marketplace does not do
- Value the business from your tax returns and P&L
- Screen buyers, collect NDAs, and verify proof of funds
- Keep your identity confidential while still attracting serious interest
- Negotiate price, terms, seller financing, leases, and real estate
- Keep a deal together when financing or due diligence gets difficult
When selling it yourself makes sense
For a very small business with a simple asset sale and a buyer you already know, a do-it-yourself listing can work. You will still want an attorney and a CPA.
When a broker earns the fee
When the business is worth more than a few hundred thousand dollars, when confidentiality matters, when real estate is involved, or when you want the strongest price and terms. Asking prices on marketplaces are not selling prices. A broker's job is to close at the best price the market will actually support.
Searching what businesses like yours are worth?
Marketplace asking prices are a starting point, not a valuation. For a confidential, numbers-based range for your business, request a valuation from Joshua.
Thinking about selling? Talk to Josh directly.
Josh Kobrin, Business Broker | Sales & Acquisitions Broker | Vice President, NAI Miami-Fort Lauderdale
