{"id":289,"count":264,"description":"In the UK, agents who handle the sale of smaller businesses typically call themselves business transfer agents or business brokers. \r\n\r\nCorporate finance firms, M&amp;A advisories etc., tend to not get involved in selling a business unless the business is a certain size (in terms of turnover, or EBITDA or Enterprise Value).\r\n\r\nRetainers, or sign-on fees in the sub \u00a32m market, range from \u00a30 to circa \u00a35,000 and success fees on selling a business tend to range from 5% of the sale price to 12%. Firms charging a lower retainer tend to have a higher success fee. \r\n\r\nNote that there is significant variation in quality of service in this lower market. If you need assistance finding the right broker, refer to our free broker finding service below or at https:\/\/itabb.org\/uk\/public-free-find-a-broker-service\/","link":"https:\/\/itabb.org\/uk\/directory\/itabb_category\/11-small-businesses\/","name":"Disposals: Businesses under \u00a32m","slug":"11-small-businesses","taxonomy":"wpbdp_category","parent":276,"meta":[],"aioseo_head":"\n\t\t<!-- All in One SEO 5.0.4 - aioseo.com -->\n\t<meta name=\"description\" content=\"In the UK, agents who handle the sale of smaller businesses typically call themselves business transfer agents or business brokers. Corporate finance firms, M&amp;A advisories etc., tend to not get involved in selling a business unless the business is a certain size (in terms of turnover, or EBITDA or Enterprise Value). Retainers, or sign-on fees in the sub \u00a32m market, range from \u00a30 to circa \u00a35,000 and success fees on selling a business tend to range from 5% of the sale price to 12%. Firms charging a lower retainer tend to have a higher success fee. Note that there is significant variation in quality of service in this lower market. 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Corporate finance firms, M&A advisories etc., tend to not get involved in selling a business unless the business is a certain size (in terms of turnover, or EBITDA or Enterprise Value). Retainers, or sign-on fees in the sub \\u00a32m market, range from \\u00a30 to circa \\u00a35,000 and success fees on selling a business tend to range from 5% of the sale price to 12%. Firms charging a lower retainer tend to have a higher success fee. Note that there is significant variation in quality of service in this lower market. 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