Murphy Business Sales was founded in 1994 by Roger J. Murphy and operates as a franchise system rather than being owned by a single individual today. Individual offices are owned and run by independent franchisees across the U.S. and Canada, each operating their own local brokerage practice under the Murphy brand.
At the corporate level, the company is led by CEO Veronica Cardinale Ellinger, who oversees franchise operations, brand strategy, and support for the broker network.
So in short: Murphy Business Sales is a franchisor, corporate leadership guides the brand nationally, while local offices are independently owned by franchisees who operate under the Murphy Business name and system.