BizBuySell is local to the Bay Area, and we're proud to empower local business owners to buy and sell businesses on their own. That said, business brokers play an important role, and for many business owners and entrepreneurs their expertise, experience, and connections make them well worth their added cost.
Consulting with a few brokers local to San Jose is a good idea, even if you elect to buy or sell without a business broker. In California, there are certain requirements for business brokers. To start, brokers in San Jose must have a current real estate license for business sale transactions. We suggest you check out the San Jose Business Brokers in our directory, and be sure to check their current business for sale listings, and consider the following relative to your own business sale or acquisition goal:
Are they focused on a business category? Most brokers represent all types of businesses, but some specialize in a particular industry like restaurants, software or SaaS businesses, transportation, manufacturing, and more recently, cannabis businesses.
Do they focus on deal size? Some brokers specialize by business value. Some represent primarily main street businesses under $1MM in revenue. Others may focus on fewer midmarket business with over $5MM in sales. Finally some market themselves as M&A intermediaries or "mid-street" brokers working with businesses up to $100MM in revenue - too small for full on investment banks, but large enough to require sophisticated financial expertise.
San Jose market knowledge? Do they represent many local business transactions, or are they a larger shop? Both have their advantages, but you certainly want someone who understands the Silicon Valley business market.
Business Broker Organizations
Business brokers in San Jose can be members of several different types of organizations including CABB – California Association of Business Brokers
If you are considering selling a business, take time to select a San Jose business broker from our comprehensive list, and let a professional guide you on the path toward your goal.