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Comparison Guide · Updated October 2026

Best New York Business Brokers 2026

The short answer: there is no single best New York business broker — fit depends on deal size, borough or county, industry, and fees. Reputable New York brokers charge $0 upfront and a success-only commission on a sliding scale: roughly 10–12% under $1M, 8–10% on $1M–$5M, 6–8% on $5M–$10M. Three New York rules decide more than the multiple: a business sale with real estate is licensed brokerage under RPL §440 (so the sale is structured asset-only), the buyer’s Form AU-196.10 bulk-sale notice runs on a 5-business-day and a 90-day clock, and a New York liquor licence does not transfer. Judge any New York broker on those three before you look at a brand name.

An honest 2026 comparison of the business brokers New York owners actually meet when they go to sell — in the five boroughs, on Long Island, in Westchester and up the Hudson Valley. Written by Steven Reese, founder of Nexus Bridge Business Brokers. Includes our own firm, disclosed openly, alongside Synergy, Transworld, Sunbelt, Lisiten Associates, The NYBB Group, Vested, Murphy Business and BizBuySell. No paid placements. Fee structures, footprint, specialties, the New York rules a broker has to know, and how to choose are detailed below.

8 Brokers Compared Updated October 2026 Independent Written by a working tri-state broker
Full disclosure: This comparison was written by Steven Reese, the founder of Nexus Bridge Business Brokers — one of the firms compared. Each competitor’s profile is drawn from its own website and public broker-directory listings as of October 2026, and is phrased as such; where a firm does not publish a fee or a deal-size range, this page says so rather than guessing. No competitor paid for placement. If you spot a factual error about any firm listed here, email steven@nexusbridgebrokers.com and I will correct it.

How we evaluated each firm

Choosing a New York business broker is one of the highest-stakes decisions a small or mid-market owner makes, and New York makes it harder than most states: the paperwork a broker has to sequence is specific to this state, and the generic advice written for somewhere else gets the timetable wrong. The wrong broker costs a slice of the price, months of delay, and sometimes the deal. The right one gets the structure, the clocks and the buyer pool right before the business is ever shown.

To produce this comparison we looked at every business brokerage New York owners are likely to meet against eight criteria that actually correlate with seller outcomes:

  1. Fee transparency & structure — $0 vs. upfront retainer, escalator policy, tail period, co-broker willingness, and whether the schedule is in the engagement letter.
  2. New York structuring — a business sale that includes non-incidental real estate is licensed real-estate brokerage under RPL §440; a broker who has not asked about your lease or property cannot tell you whether they may legally sell it.
  3. The AU-196.10 clocks — the buyer files Form AU-196.10 at least 10 days before paying or taking possession; the Tax Department then has 5 business days to release or claim, and 90 days to fix the amount. A broker who collapses this into “file ten days before closing” builds the wrong timetable.
  4. Licence literacy — a New York liquor licence does not transfer; the buyer files a fresh SLA application and the premises must have operated under a licence within 30 days of the filing. Pricing a “transferable licence” on a NY bar is pricing New Jersey’s market.
  5. Industry specialization — recent closings in your vertical (restaurant, healthcare practice, route, trades, distribution), not a generic main-street résumé.
  6. Senior broker engagement — who actually runs the deal after the engagement letter is signed, and how many listings they carry.
  7. Buyer outreach — passive marketplace listing versus active, qualified outreach to strategic and financial buyers, with a blind profile and proof of funds before anything identifying is released.
  8. Footprint that matches your market — a Manhattan office is not a Long Island office; ask where the broker has closed deals, not where the brand has a pin.

This is not a sponsored or paid ranking. It is a working broker’s honest read on which firms suit which New York sellers. Where we are the better fit, we say so. Where a competitor is the better fit — a county independent for a small local deal, a lower-middle-market firm for a $20M company — we say that too. The regulatory facts on this page are the same ones published in full on our New York business brokers hub.

2026 quick comparison

The “best” New York business broker depends on where the business is, what it earns, and whether the broker can run the New York paperwork. For sub-$1M main-street businesses in the boroughs, Long Island or Westchester, the realistic choices are the franchise offices (Transworld, Sunbelt, Murphy), Vested’s volume model, or self-listing on BizBuySell. For $500K–$15M businesses that want the fee in writing and the RPL §440, AU-196.10 and SLA rules handled before listing, Nexus Bridge is built for exactly that. Above roughly $5M in revenue, Synergy, Lisiten Associates and The NYBB Group are the lower-middle-market options with multi-advisor teams.
BrokerTypeUpfront retainerSuccess feeCo-brokerDeal size sweet spotOffice footprint
Nexus BridgeIndependent (tri-state)$010% / 8% / 6% slidingYes (50/50)$500K–$15MWayne, NJ; works NYC, LI, Westchester
SynergyIndependent regional$0 (per its site)Not publishedAsk$700K–$250M revenueNYC, Long Island, Hudson Valley, Upstate
TransworldNational franchiseSet by officeTypically 10–12% under $1MVaries$250K–$5MManhattan, Hawthorne, Garden City, Brooklyn, Upstate
SunbeltNational franchiseSet by officeTypically 10–12% under $1MVaries$250K–$5MManhattan, Brooklyn/Queens, Hawthorne
Lisiten AssociatesIndependentNot publishedNot publishedAsk$5M–$100M revenueManhattan
The NYBB GroupIndependentNot publishedNot publishedAsk$5M–$50M revenueMelville, Long Island
VestedIndependent (volume)Not publishedNot publishedAskUnder $1M typicalNorthport, Long Island
Murphy BusinessNational franchiseSet by officeTypically 10–12% under $1MVaries$250K–$5MManhattan; Stamford CT for Westchester
BizBuySellMarketplace (not broker)Monthly listing feen/a (self-serve)n/aUnder $1MOnline

“Typically 10–12% under $1M” is the published industry norm for franchise main-street offices (IBBA Market Pulse); each franchise office sets its own schedule. “Not published” means the firm’s site and public listings do not state a figure — ask for it in writing. Nexus Bridge’s schedule is published in full on this page.

1. Nexus Bridge Business Brokers

Nexus Bridge Business Brokers

Independent · Founded 2022 · Wayne, NJ · Serves NYC, Long Island, Westchester, Hudson Valley

Tri-state (NJ · NY · CT) boutique founded by Steven Reese. Sell-side only, $0 upfront, success-only fee, and the principal handles every engagement personally. New York work concentrates on main-street and lower-middle-market businesses from roughly $500K to $15M in enterprise value: restaurants and food service, healthcare practices (NY Article 28 clinics and Article 31 licensed outpatient programs), distribution routes, trades and services. The New York rules on this page — RPL §440 structuring, both AU-196.10 clocks, the SLA licence rules — are published on our New York hub so you can check our work.

Strengths

  • $0 upfront, success-only fee published in full (10% on the first $1M, 8% from $1M to $5M and 6% from $5M to $10M, with $0 upfront, no retainer and no monthly marketing fee)
  • Asset-only structuring under RPL §440, real property referred to a licensed real estate agent
  • NY-specific closing timetable built around the AU-196.10 5-day and 90-day clocks
  • Healthcare and route specialization most generalist offices lack
  • Always willing to co-broker (50/50 standard)
  • Senior broker on every call, no hand-off to a junior associate

Considerations

  • Newer firm (2022) with a smaller buyer database than the national franchises
  • Based in Wayne, NJ — no Manhattan or Long Island office (we work NYC and Long Island deals in person and remotely)
  • Single-principal model, so capacity is deliberately limited
  • Tri-state only; no national footprint

Best for: New York owners of $500K–$15M main-street, food-service, healthcare or route businesses who want the fee in writing, the New York rules explained before listing, and the founder on the phone.

2. Synergy Business Brokers

Synergy Business Brokers

Independent regional firm · Founded 2002 · Advisors in NYC, Long Island, Hudson Valley & Upstate

Synergy is a multi-advisor regional firm with named advisors covering New York City, Long Island (Nassau and Suffolk), Westchester and the Hudson Valley, and Upstate (Albany, Buffalo, Rochester, Syracuse). Its site states a focus on profitable companies with annual revenues of $700,000 to $250 million and no upfront brokerage fee or monthly retainer for sellers, with a success fee paid at closing. Listed specialties: construction, manufacturing, distribution, healthcare, technology, engineering, transportation and professional services.

Strengths

  • Genuine lower-middle-market practice with multiple advisors across the state
  • No upfront fee or retainer per its published terms
  • Industry focus on manufacturing, distribution, construction, healthcare and services
  • Buyer outreach beyond New York, including out-of-state and international acquirers

Considerations

  • $700K revenue floor excludes most sub-$1M main-street businesses
  • Multi-advisor model — ask which advisor runs your deal and how many listings they carry
  • Commission rate not published; get it in writing
  • Self-described rankings on its site are its own claims

Best for: New York companies with $700K–$50M+ in revenue in manufacturing, distribution, services or healthcare that want a regional firm with several advisors and a wide buyer reach.

3. Transworld Business Advisors

Transworld Business Advisors

National franchise · Owned by United Franchise Group · NY offices incl. Manhattan, Westchester (Hawthorne), Long Island, Albany, Syracuse, Buffalo

Transworld is the franchise network with the broadest New York office footprint: franchisee-owned offices list addresses in Manhattan (Transworld Business Advisors of NY), Westchester North in Hawthorne (a 2025 franchise announcement), Garden City on Long Island, Brooklyn, and Upstate in Albany, Syracuse, Orchard Park and the Southern Tier. Each office is independently owned, so quality, fee structure and specialty vary office to office. Strong franchise-resale practice in addition to main-street business sales.

Strengths

  • Most New York office locations of any brand
  • Active franchise-resale practice (relevant to NY franchise owners)
  • National buyer database and marketing budget
  • Some offices run a middle-market practice

Considerations

  • Franchisee offices set their own fees; some charge upfront marketing retainers — ask
  • Quality and experience vary by office and by individual broker
  • Limited healthcare regulatory depth (Article 28/31, SLA) in most offices
  • High listing counts per broker in volume offices

Best for: Standard New York main-street deals and franchise resales where the specific local office has recent closings in your industry. Vet the broker, not the brand.

4. Sunbelt Business Brokers

Sunbelt Business Brokers

National franchise · Founded 1978 · Manhattan, Brooklyn & Queens, Westchester (Hawthorne)

Sunbelt is the largest business brokerage franchise by office count worldwide. In New York its site lists Sunbelt of Manhattan (Fifth Avenue), a Brooklyn and Queens team, and a Westchester office in Hawthorne that opened in December 2021. Nassau County appears as a served area of the Manhattan office rather than a separate Long Island office. Offices operate independently under the brand.

Strengths

  • Largest national buyer database
  • Manhattan, outer-borough and Westchester coverage
  • Long track record (47+ years) and standardized engagement documents
  • National marketing reach

Considerations

  • No dedicated Long Island office found (Nassau is a service area)
  • Fee structure and retainer policy set by each office
  • Limited healthcare and licence-transfer expertise
  • Brokers may carry 15+ listings at once

Best for: Standard New York main-street deals in Manhattan, Brooklyn, Queens or Westchester where national buyer reach matters more than industry specialization.

5. Lisiten Associates

Lisiten Associates

Independent · Since 1982 · Manhattan (Murray Hill) · NY, NJ, CT, PA

One of the longest-running independent brokerages in New York City. Its listings describe a focus on private businesses with annual revenues of roughly $5 million to $100 million, representing sellers across the tri-state area and Philadelphia and working with international buyers. Mid-market orientation; the typical main-street owner is below its stated range.

Strengths

  • 40+ years in Manhattan
  • Mid-market focus ($5M–$100M revenue per its own profile)
  • International buyer relationships
  • Tri-state plus Pennsylvania coverage

Considerations

  • Revenue floor far above most main-street deals
  • Deal-count and award claims on directory profiles are self-reported
  • Fees not published
  • Small team; confirm who runs the engagement

Best for: Mid-market New York companies ($5M+ revenue) that want an established Manhattan independent with cross-border buyer relationships.

6. The NYBB Group

The NYBB Group

Independent · Since 2003 · Melville, Long Island · NYC, Nassau, Suffolk, Westchester

A Long Island lower-middle-market firm whose principals hold CBI, CPA and M&A credentials. Profiles describe work with entrepreneurs, private equity groups and financial sponsors on companies in roughly the $5M–$50M revenue range, with named practice focus in HVAC, trucking and distribution, plus valuations and an affiliated commercial real estate arm.

Strengths

  • Credentialed principals (CBI, CPA, CM&AA)
  • Lower-middle-market depth on Long Island
  • Named specialties in HVAC, trucking and distribution
  • Affiliated commercial real estate practice for deals with property

Considerations

  • Revenue floor above most main-street businesses
  • Fees not published
  • Long Island centred; NYC and Westchester coverage is by travel
  • Stated revenue ranges differ across its own profiles

Best for: Long Island and NYC-metro companies with $5M+ revenue, especially HVAC, trucking and distribution, that want a credentialed lower-middle-market team.

7. Vested Business Brokers

Vested Business Brokers

Independent · Founded January 2000 · Northport, Long Island · High-volume listing model

Founded by a former Wall Street banker, Vested runs a volume model: its site advertises thousands of active listings across many states and categories, with a concentration in Long Island and NYC-area main-street businesses — restaurants, laundromats, gas stations, day cares, pharmacies and similar — many under $1M and many with owner financing. Fees and office locations beyond Northport are not stated on its site.

Strengths

  • Very large listing inventory and registered-buyer database (self-reported)
  • Deep in sub-$1M Long Island and NYC main-street categories
  • Owner-financing listings attract first-time buyers
  • 25 years in business

Considerations

  • Volume model — expect less senior attention per listing
  • Fees and retainer policy not published
  • Self-reported closing and buyer counts are unverified
  • Not a fit for regulated or lower-middle-market deals

Best for: Owners of smaller Long Island or NYC main-street businesses who want maximum listing exposure and are comfortable with a volume process.

8. Murphy Business Sales

Murphy Business Sales

National franchise · Founded 1994 · Manhattan (Madison Ave) · Stamford, CT office covers Westchester

Murphy operates franchisee-owned offices across the U.S. and Canada. In the New York market, broker profiles list a Manhattan office on Madison Avenue and a Stamford, Connecticut office whose service area includes Westchester County; a Montclair, NJ office covers the New Jersey side of the metro. General-practice main-street focus; fee structures vary by office.

Strengths

  • Established national brand and standardized methodology
  • Manhattan presence plus Westchester coverage from Stamford
  • National buyer reach
  • Some offices run M&A specialty practices

Considerations

  • No dedicated Long Island or outer-borough office found
  • Quality and fees vary by franchisee
  • General practice; limited healthcare or licence-transfer depth
  • Westchester is served from Connecticut

Best for: Standard main-street deals in Manhattan or Westchester where a franchise office with national reach is a fit.

9. BizBuySell (marketplace, not a broker)

BizBuySell

Online listing marketplace · Founded 1996 · Owned by CoStar Group

BizBuySell is the largest U.S. online business-for-sale marketplace, not a brokerage. New York owners can list directly for a monthly fee without a broker. Nearly every broker on this page also lists there, which is why a self-listed business competes with broker-represented listings on the same page.

Strengths

  • Largest U.S. buyer audience for small-business listings
  • Self-serve listing with no commission
  • Quarterly Insight Report with New York data
  • Every broker above lists there too

Considerations

  • No advisory, negotiation, diligence or SBA coordination
  • Self-listing exposes identity unless the profile is kept blind
  • Nobody files or sequences the AU-196.10 or SLA paperwork for you
  • Buyer qualification is on you

Best for: Sellers of sub-$500K New York businesses who want low-cost exposure and will run the process, the paperwork and the buyer screening themselves.

How to choose the right New York broker

Five questions every New York seller should ask any broker they are considering, in any order. The answers are on this page, so you can grade them:

  1. “How will you structure my sale under RPL §440, and who handles any real property?” Asset-only, with a licensed real estate agent on any lease assignment or property. If they have not thought about it, keep looking.
  2. “Walk me through both AU-196.10 clocks.” Five business days for the release or claim; 90 days for the total. If the Department misses the five days the buyer may pay; if it misses the 90 the buyer is released from withholding.
  3. “What’s your fee structure, including escalator fees and tail period, in writing?” Answered in minutes, not days. Vague answers are the red flag.
  4. “Will you co-broker with buyer-side brokers?” “Yes” widens the buyer pool across the five boroughs and the suburbs; “no” narrows your exit.
  5. “What have you closed in my industry in the last 24 months, in my part of New York?” Three or more comparable deals, or they do not specialize in it.
Red flags to walk away from: upfront retainers without disclosed credits; a “transferable licence” line in the valuation of a New York bar or restaurant; a closing timetable with no AU-196.10 date on it; a broker who handles 30+ active listings; a broker who quotes a multiple without seeing your P&L; “60–90 days” promised on a regulated deal.

The full eight-point test, built item by item from New York’s own rules, is on our New York business brokers hub. Hold us to every item on it.

Fees and the New York timeline

The single most material decision in choosing a New York broker is the fee structure, and the second is whether the broker’s timetable matches the state’s clocks. A two-point difference in commission on a $2M sale is $40,000. A $10,000 retainer credited 50% against the success fee is $5,000 of real cost. A timetable that ignores the state’s filing window costs a quarter.

What Nexus Bridge charges, in writing: 10% on the first $1M, 8% from $1M to $5M and 6% from $5M to $10M, with $0 upfront, no retainer and no monthly marketing fee. On a $2M New York sale that is $180,000, paid only at closing, with nothing owed if the business does not sell. We routinely add an escalator (a bonus share of every dollar above the agreed target) on request, and our tail period is 12 months against a named-buyer list, not “any introduction ever made.”

What the market charges: franchise main-street offices typically run 10–12% under $1M, 8–10% on $1M–$5M and 6–8% on $5M–$10M, with retainer policy set office by office. Lower-middle-market firms are more likely to quote a Lehman-style formula and, on larger engagements, a retainer. Whatever the firm, the number you negotiate is the whole schedule — retainer, success fee, escalator, tail period, termination — not the headline percentage.

The New York timeline

Most New York main-street sales run six to nine months from listing to close. The AU-196.10 notice adds a hard 10-day floor before payment or possession, and a notice of claim can hold funds in escrow measured against the greater of price or fair market value until the 90-day clock resolves. A bar or restaurant adds the buyer’s fresh SLA application: a temporary retail permit covers the gap, but only if the premises operated under a licence within the last 30 days. Healthcare practices under Article 28 or Article 31 add regulatory approvals and typically run nine to fourteen months.

The self-listing alternative is real for very small businesses, but it carries a hidden cost above roughly $500K in value: the buyer pool is narrower, the deal is more likely to fail in diligence, and nobody sequences the state paperwork for you. Owners who want that math on their own numbers can run it on our free valuation.

Want the New York math on your business before you pick a broker?

A free confidential valuation shows you the SDE recast, the multiple, and the New York items — AU-196.10 timing, any licence, any real property — on their own lines, so you can check any broker’s number against it. No obligation, no upfront fee.

Free confidential valuation
Response within 1 business day · $0 upfront · success-only fee
Fully confidential. We never contact your employees, customers, or vendors without your permission.
Prefer to talk? Call (201) 400-9827.

Frequently asked questions

Who is the best business broker in New York?

There is no single best New York business broker. The right choice depends on deal size, where the business is (Manhattan, the outer boroughs, Long Island, Westchester, the Hudson Valley), industry, and fee structure. For $500K–$15M main-street, food-service, healthcare and route businesses, Nexus Bridge Business Brokers offers a published success-only fee with $0 upfront and a process built around the New York rules (RPL §440 structuring, the AU-196.10 clocks, the SLA licence rules). Other reputable New York options include Synergy, Transworld, Sunbelt, Lisiten Associates, The NYBB Group, Vested and Murphy Business. Compare on fee transparency, New York regulatory literacy, recent closings in your industry and part of the state, and willingness to co-broker.

How much do New York business brokers charge?

Most reputable New York business brokers charge no upfront retainer and a success-only commission on a sliding scale: roughly 10–12% on deals under $1M, 8–10% on $1M–$5M, 6–8% on $5M–$10M, and a Lehman-style formula above that. Nexus Bridge publishes its schedule: 10% on the first $1M, 8% from $1M to $5M and 6% from $5M to $10M, with $0 upfront, no retainer and no monthly marketing fee. Franchise offices set their own fees and some charge upfront marketing retainers, so get the schedule in the engagement letter before you sign.

What are the top business brokers in NYC?

In New York City the brokers owners most often meet are Transworld Business Advisors of NY (Manhattan, plus a Brooklyn office), Sunbelt of Manhattan and the Sunbelt Brooklyn and Queens team, Murphy Business Sales (Madison Avenue), Synergy Business Brokers (NYC advisor), Lisiten Associates (Murray Hill, mid-market), and tri-state independents such as Nexus Bridge. For a NYC bar or restaurant, the deciding test is whether the broker knows the liquor licence does not transfer and that the premises must stay licensed within 30 days of the buyer’s SLA filing.

How do I choose a New York business broker?

Ask five questions: (1) How will you structure my sale under RPL §440? (2) Walk me through both AU-196.10 clocks. (3) What is your fee, including escalator and tail period, in writing? (4) Will you co-broker? (5) What have you closed in my industry in my part of New York in the last 24 months? Our New York hub carries the full eight-point test, built from the state’s own rules.

What does a New York business broker do?

A New York business broker runs the confidential sale of a small or mid-market business: recasting the financials into a defensible SDE or EBITDA, preparing a blind profile and a Confidential Information Memorandum, qualifying buyers on NDA and proof of funds, negotiating the LOI, coordinating SBA or other financing, and sequencing the New York paperwork — the buyer’s Form AU-196.10 bulk-sale notice, any Certificate of Authority, and a fresh SLA application if there is a liquor licence — with your attorney and CPA.

Are business brokers worth it in New York?

For businesses with roughly $300K+ in seller’s discretionary earnings, a specialty broker typically produces a materially higher price than self-listing, net of the 8–12% commission, because the buyer pool is wider and the deal survives diligence. Below that, self-listing on BizBuySell can produce a comparable result at lower cost if you are willing to run the AU-196.10 and licence paperwork with your attorney. Regulated New York deals — bars, restaurants, Article 28 or Article 31 practices — are hard to close well without a broker who has done them.

How long does it take to sell a business in New York?

Most New York main-street sales take six to nine months from listing to close. The AU-196.10 notice must be filed at least 10 days before the buyer pays or takes possession; the Tax Department has 5 business days to release or claim and 90 days to fix the amount. A bar or restaurant adds the buyer’s SLA application, bridged by a temporary retail permit if the premises stayed licensed within the prior 30 days. Healthcare practices under Article 28 or 31 typically run nine to fourteen months.

Do New York business brokers charge upfront fees?

Reputable New York brokers generally do not. They take listings on contingency and are paid at closing. Some franchise offices charge upfront marketing retainers; some lower-middle-market firms charge retainers on larger engagements. Ask what the fee covers, whether it is credited against the success fee, and what you owe if the business does not sell. The seller-friendly answer is $0 upfront with the full schedule in the engagement letter.

Should I hire a national franchise or an independent New York broker?

Franchise offices (Transworld, Sunbelt, Murphy) bring national buyer databases and standardized documents, with quality that varies by office. Independents (Nexus Bridge, Synergy, Lisiten Associates, The NYBB Group) bring a defined specialty, consistent senior attention and, in our case, a published fee. For a regulated New York deal, a licence, a healthcare practice or a route, choose the broker who can explain the New York rules on a first call. For a straightforward sub-$1M main-street sale, a strong local franchise office can be enough. Interview the person, not the brand.

Related reading

Work with us

If you would like a free, confidential valuation for your New York business and an honest conversation about whether Nexus Bridge is the right fit for your sale, we offer a no-obligation 30-minute call. If we are not the right fit, we will tell you and point you to who is.