Business Broker Salary in Hanover, Maryland

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Average Salary for Business Broker in Hanover, Maryland

The average salary of a(n) Business Broker in Hanover, Maryland is $79,235.

The average hourly rate of a(n) Business Broker in Hanover, Maryland is $38.09.

The average bonus of a(n) Business Broker in Hanover, Maryland is $14,880.00.

Job Description:

Purchases and sells business enterprises or investment property on speculative or commission basis. Reviews trade journals, business opportunity advertisements, or other publications to ascertain business enterprises or investment property up for sale. Studies financial rating of business, customer appeal for type of merchandise, and desirability of location for type of business or condition and location of investment property. Requires license by state. Estimates cost of improving business or property and potential market value to determine resale value. Purchases business or property on speculative basis or on commission basis for client. Restores, repairs, remodels, or redecorates building; purchases competitive merchandise; and installs sound management practices to improve value of property or business acquisition. Contacts prospective clients through newspaper advertisements or mailing lists. Describes to client selling points of property or business, emphasizing such factors as improvements made and profit potential. Sells business or property to buyer and makes arrangements for escrow and title change. Less

Purchases and sells business enterprises or investment property on speculative or commission basis. Reviews trade journals, business opportunity advertisements, or other publications to ascertain business enterprises or investment property up for sale. Studies financial rating of business, customer appeal for... More

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