Bristol Group Business Opportunities in 2024

The Opportunity

The Bristol Group is seeking professionals to become business brokers and join our nationwide network of affiliates. Business brokers assist business owners in preparing and selling their businesses. The need for well-trained professionals to work in this exciting career has never been greater.

Requirements

Business Brokers are required to have an active Real Estate License in the following states. Alaska, Arizona, California, Colorado, Florida, Georgia, Idaho, Illinois, Michigan, Minnesota, Nebraska, Nevada, Oregon, South Dakota, Utah, Washington, Wisconsin, Wyoming.

You must be able to cover both business and living expenses during the initial start up period of six to nine months.

What Business Brokers Do.

• Prepare business valuations.
• Identifying and qualifying potential buyers
• Solicit offers from potential buyers
• Negotiate terms and conditions
• Manage the due diligence process
• Assist in the drafting of closing documents.

How You Get Paid.

Business brokers are paid a success fee, or commission, for successfully selling a business. Brokers may also earn fees for performing business valuations and consulting.

For example, a business broker that successfully sells a business valued at $1,000,000 will make a 10% commission or a $100,000 fee.

What We Provide.

As an Affiliate of the Bristol Group, you will receive marketing materials, branding, access to our network of buyers and sellers, legal forms and documents, and administrative tools to manage your own business brokerage firm in your local market. We will guide you through the process of preparing business valuations. You will also receive extensive training and ongoing support to ensure your success as a business broker.

How Big Is Your Market.

Each Bristol Group Affiliate operates in their local market to serve local business owners. Our national presence and network of business brokers gives you an enormous advantage and leads to greater commissions.

Our Ideal Candidate

• May need a secondary source of income for several months until the first business is sold and commission is earned.
• Must be a self-starter and able to manage time effectively without direct supervision.
• Basic computer skills and knowledge of Word, Excel, and PowerPoint.
• Ability to understand and analyze financials statements and other business reports.
• Must be able to work with others to make difficult decisions while managing stakeholder expectations.

The Bristol Group will train affiliates how to find businesses to sale, prepare business valuations, identify and qualify potential buyers, negotiate offers, manage due diligence, and drive a deal to the closing.