Troy Frank

Indiana Equity Brokers

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indianaequitybrokers.com


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5750 Castle Creek Parkway Suite 275,
Indianapolis, Indiana 46250 (View Map)

About the Company

People: Our brokers are attorneys, CPAs, engineers, sales executives and they have all owned and sold their own businesses. We possess the experience and knowledge base to guide you through the complicated process of maximizing the value from selling your business.

Marketing: No other firm markets the way we do. Our marketing process creates a demand for your company not found with other firms. Our research proactively identifies every possible buyer for your company. We don’t simply post a listing on our website and hope buyers find it. From our large database of buyers, strategic marketing plans, social media, seller videos, networking, old fashioned ‘getting on the phone and calling people’, we cast the widest net possible to find the right buyer.

Confidentiality: We maintain the strictest confidentiality when selling your business. All buyers are required to sign non-compete and confidentiality agreements. You are in control of who sees what information on your company. See more details on maintaining confidentiality…

Results: Since 1996, the professionals at Indiana Equity Brokers have sold hundreds of companies spanning practically every industry. Our award winning brokers have been recognized as some of the highest volume producing business brokers in the country. See what our past clients have to say about us…

Broker Biography

Introduction

Indiana Equity Brokers (IEB) is one of the nation’s leading firms specializing in the sale of small and medium-sized businesses. Our focus is to provide confidential and professional representation to owners that want to sell their business. We sell businesses located in Indiana and market them to buyers across the country.

Since 1996, the professionals at Indiana Equity Brokers have sold hundreds of companies spanning practically every industry. Our award winning brokers have been recognized as some of the highest volume producing business brokers in the country. All of our brokers have owned and sold their own businesses, so we not only possess the skills and experience to provide the best results possible, we also understand what the seller is going through.

Given our team’s background and our established track record, we offer the business seller a level of service typically only available to larger companies. We back that experience with the resources of the world's strongest and largest network of business intermediaries, state-of-the-art marketing, extensive in-house valuation resources, and some of the best business relationships in the industry.

At Indiana Equity Brokers, we have three guiding principles that our clients can count on:

Extraordinary Results: We know you have a choice of firms to represent you and your business. Our goal is to exceed the expectations of our clients in terms of selling price and the time it takes to sell.

Confidentiality: We adhere to strict confidential guidelines. We understand how critical it is to keep the process confidential from employees, customers, competitors, and vendors.

Value: We never charge a fee for our services until we sell your business at your price on your terms.

Services Provided

Selling a business at any price is a tough proposition. Selling a business at the highest possible price in the shortest amount of time takes a proven system orchestrated by the best professionals in the industry.

At Indiana Equity Brokers, we know there are no shortcuts to selling a business. We know that it takes hard work, persistence, and experience to sell a business to the right buyer at the best price. We know these things because since 1996, we have sold hundreds of businesses and have become the premier firm in the industry. No other firm in Indiana has as many high quality businesses for sale. More business owners are choosing Indiana Equity Brokers.

Contact Us for a free, confidential, no obligation appointment to learn more.

Preparing to Sell

Can you increase the value of your business without increasing its profits? If you ask most brokers, they will draw a blank. However, the truth is that you can and it’s a pretty simple process. Indiana Equity Brokers can show you how to increase the value of your business by taking the appropriate steps to attract qualified buyers.

Areas Served

  • Marion, IN
  • Hamilton, IN
  • St. Joseph, IN
  • Adams, IN
  • Johnson, IN
  • Hendricks, IN
  • Tippecanoe, IN
  • Lake, IN
  • LaPorte, IN
  • Hancock, IN
  • Professional Affiliations

    www.indianaequitybrokers.com

    Business For Sale Listings

    $320,000
    Cash Flow: $123,082 
    Marion Co., IN  Agent: Scott Armstrong
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    Longstanding Beer and Winemaking Supply Company Available!

    Great opportunity to own an established and profitable beer and winemaking supply business generating an average of $1.8MM annually in revenue. This company enjoys multiple sources of revenue including two ecommerce online sites, a retail storefront, a service business unit, and sales through Amazon. The company differentiates itself through their deep connections within the industry, superb customer service, close supplier relationships, and offers a wide spectrum of products and services to beer and winemaking enthusiasts. Plenty of growth opportunities exist through expansion of Amazon sales efforts and expansion of their service business unit. Large opportunity to increase exposure and sales through social media that current owner has not done. Core product categories that drive the bulk of revenue for this company are homebrewing supplies, winemaking supplies, draft equipment & parts, and cleaning and sanitation 

    $450,000
    Cash Flow: $106,000 
    Hamilton Co., IN  Agent: Todd Dorsey
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    Successful & Established, Multi-Location Massage Therapy, Skincare Spa

    This is an exceptional opportunity to acquire a well-established and consistently profitable wellness franchise specializing in therapeutic massage, facial skincare, and related services. With over seven years of proven success, the business has built a loyal client base and a strong reputation for excellence throughout the Indianapolis metropolitan area.Operating from three strategically located facilities, the company provides high-quality wellness experiences in relaxing, modern environments. Each location is staffed by a team of licensed massage therapists, estheticians, and front desk professionals committed to delivering outstanding client care. The business benefits from a recurring membership model that supports predictable revenue and steady year-over-year growth.Key Highlights -Established Success: Over seven years of consistent performance and 

    $265,000
    Cash Flow: $46,245 
    Johnson Co., IN  Agent: Scott Armstrong
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    2 Pizza Restaurant Locations Available - $1.5MM In Annual Revenue!

    This is a perfect opportunity to become an owner and operator of 2 pizza franchise locations averaging over $1.5MM in gross revenue annually. Founded in 2013 and built on a culture of quality food and optimal customer experience, these 2 locations are independently owned with multiple day to day managers in place. Owner is semi-absentee. The restaurants are located in Hendricks and Johnson county respectively. Proven brand recognition locally and high traffic count at all three locations. Both locations offer delivery, dine-in, and carryout options. HUGE opportunity to immediately increase cash flow substantially through consolidation of management, increased owner roles/responsibilities, and price increases which current owner has not done. This is a perfect opportunity with enormous upside potential for new owner that is willing to work full time "in the business" and oversee day to day operations. Cash Flow / SDE 

    $240,000
    Cash Flow: $125,000 
    Indianapolis, IN  Agent: Roger Oberweiser
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    Custom Art Framing - A Business Framed for Lifestyle

    Own a highly profitable, low-risk business with a 40+ year legacy. This established custom framing franchise comes with a proven operating system, enabling a flexible 30–40 hour workweek and a $125,000 annual income for the owner. Skip the startup struggles and step into immediate success, offering customers a creative, expert service that a small team can manage. This is a turnkey opportunity to buy a respected brand and the freedom to enjoy a truly well-framed life.When you click in the link in this listing, you will be taken to a page to complete an NDA and then you will be sent additional details about this business. 

    $4,125,000
    Cash Flow: $1,204,948 
    Hamilton Co., IN  Agent: Drew Allen
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    Niche & Thriving Central Indiana Landscaping Company & Contractor

    Step into ownership of one of Central Indiana’s most established and respected landscaping companies — a business that has delivered exceptional service to the region for well over a decade. With a stellar reputation, long-term municipal and school contracts, and a steady stream of high-value projects, this is an acquisition opportunity that checks every box for stability, profitability, and growth potential.The numbers speak for themselves: over $150,000 in guaranteed recurring monthly revenue from multi-year contracts. City and school agreements form the foundation of the business, ensuring predictable cash flow, while an abundance of additional work opportunities allows the company to hand-pick only the most profitable projects.This is a story of consistent performance paired with explosive growth. The current owner reports that 2025 is already 

    $295,000
    Cash Flow: $125,000 
    St Joseph, MI  Agent: Scott Lands
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    Well Known Bakery with a great reputation (and great food)

    Small family-owned bakery is now available with the current owner wanting to retire. Several unique items that the shop is known for that people go out of their way to get. Easy to expand with new products or wholesale accounts, fairs, farmers markets, etc. Buyer should have a minimum of $40,000 for a down payment on an SBA loan and legal fees. Ideally, more cash would be helpful. We do not anticipate seller financing. Note that if you inquire on this listing, you should get an automated email with NDA instructions. Please check your spam folder. 

    $3,500,000
    Cash Flow: $850,000 
    Indianapolis, IN  Agent: Scott Lands
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    Niche Home Services Business

    Business does $3 million in revenue, >$800K in SDE in a niche segment of the home services industry. Details withheld to maintain confidentiality. Services both residential and commercial. No licensing required. Absentee-owned. Manager in place. Franchise operation. Available for immediate acquisition. Buyer will need $450K or more in cash and the ability to get an SBA loan or other means. No seller financing is anticipated.Working Capital and A/R may be purchased at an additional cost. Otherwise, all cash remains with the Seller. 

    $799,000
    Cash Flow: $306,000 
    Indianapolis, IN  Agent: Roger Oberweiser
    View Details 
    HVAC Sales & Service Company with Excellent Reputation

    HVAC company focused on new construction, system design and ductwork. Customers include custom home builders as well as commercial construction. They are starting to see growth in replacement systems driven by their outstanding reputation in the market.Once you inquire on this listing you will receive an online NDA to complete and once received we will share additional details of the business with you. 

    $490,000
    Cash Flow: $212,000 
    Fort Wayne, IN  Agent: Scott Lands
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    Commercial & Industrial Electrical Contracting Business

    Electrical Contractor with an emphasis on the commercial and industrial industries, including retail, agriculture, manufacturing, healthcare and more. They install new installations, industrial control systems, high efficiency lighting, and emergency service. Electrical contracting can be highly profitable, especially with growing demand in construction, infrastructure, and renewable energy sectors.This business has a great reputation with excellent reviews and relationships. Completing complex projects and solving technical challenges can be rewarding for those passionate about trades and problem-solving.Obviously with electrical, and especially with commercial and industrial, electrical contractor licensing is necessary.Owner oversees management responsibilities, customer relationships and estimating.** A Master Electrical License is required to pull permits. The Seller does not plan to provide their license to the Buyer 

    $200,000
    Cash Flow: $128,000 
    Indianapolis, IN  Agent: Roger Oberweiser
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    Established Wholesale Bread Bakery – $900K Sales | Semi-Absentee

    This respected wholesale bakery has been supplying artisan and traditional breads to restaurants, cafes, and institutions for over 17 years. With $900,000 in annual revenue and approximately $125,000 in Seller’s Discretionary Earnings (SDE), the business is positioned for continued stability or significant growth under new ownership.Highlights:~125K SDE(2025 projected) with room for growthExperienced staff in place; owner works ~15 hours/weekValuable equipment and established vendor/customer relationships includedSBA loan with low interest may be assumed (Advertised asking price assumes existing EIDL loan will be assumed)Flexible seller financing availableThe owner is retiring after a long, successful career and will provide a thorough transition. Ideal opportunity for an operator or strategic buyer to grow a proven brand.Once you inquire about this opportunity, a link will be sent to fill out an NDA for more information. Once 

    $6,899,000
    Cash Flow: $1,750,000 
    United States  Agent: Jason Swathwood
    View Details 
    Specialty Commercial Printer Specializing in Government and Elections

    Full service printing and mailing firm. Specializing in Government, Municipality and Elections. Seasoned staff and great Midwest location. 

    $3,200,000
    Cash Flow: $1,140,000 
    Hamilton Co., IN  Agent: Roger Oberweiser
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    Upscale Restaurant in Premium Location

    Full-service upscale restaurant with a very popular specialty menu. The prime location within a North Indianapolis suburb is steps away from a major center of activity and has abundant parking options. With incredibly high reviews and a very loyal following, there is no slowing down for this business. A great staff is already in place and current owner will work to insure a smooth transition of the business.When you inquire about this business, you will be taken to a page to complete an NDA. Once NDA is received, you will be sent additional information on the business. If you add a brief synopsis of your restaurant experience and your source of funding to the optional message portion of the contact form on this page, it will lead to a quicker response. 

    $209,000
    Cash Flow: $93,000 
    Indianapolis, IN  Agent: Jason Swathwood
    View Details 
    High End Wholesale Bakery

    Wholesale bakery focused primarily on pastries and breads. Most business is wholesale. Small retail presence as well. 

    $449,000
    Cash Flow: $209,000 
    Indianapolis, IN  Agent: Jason Swathwood
    View Details 
    Commercial Doors, Hardware and Glass Service

    The company specializes in Commercial door installation and service (manual and automated), glass, hardware - Sales & Service, for customers throughout Central Indiana. 

    $1,100,000
    Cash Flow: $435,000 
    Indianapolis, IN  Agent: Jason Swathwood
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    HIgh End Furniture and Home Furnishings Retailer

    Full service Retail Home Furnishings Business that has a long track record of offering high-end brands. Since inception, this business has made a name for itself at the top end of home furnishings. The company takes great pride in their excellent customer service and interor design services through a commitment to industry leading brands and an unwavering dedication to customer satisfaction.The company carries a large inventory from timeless classics to cutting-edge contemporary designs. The well-trained staff is well-versed in the latest trends and enduring styles. They stand ready to guide customers through an immersive shopping experience. 

    $2,200,000
    Cash Flow: $346,861 
    Indianapolis, IN  Agent: Scott Armstrong
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    Iconic Indy Restaurant & Pub Available!

    One of Indy's most popular and long standing restaurant/pubs is available. The offering includes the real estate valued at approximately $1.8MM+-. This business has been serving happy customers for over 40 years and is located in a prime location with almost 7,000 vehicles a day passing the site according to INDOT's latest traffic count report --- and that is in addition to all the foot traffic! Tremendous brand recognition throughout Central IN....if you have lived in Indy more than a few years, chances are you have visited this location. The sellers have done a fabulous job of cultivating an environment of good food, good drink, and lots of fun for all their patrons. Many weekly regulars as the business is located in walking distance for thousands of surrounding homeowners. This is a rare chance to own and operate one of the cities oldest continuing 

    $770,000
    Cash Flow: $162,800 
    Marion Co., IN  Agent: Scott Armstrong
    View Details 
    Award Winning Brewery Available in Indianapolis!

    Rare opportunity to own well established brewery and two tap room locations. Well respected and award winning brewery is available for purchase. This business operates three locations throughout the Indianapolis Greater Metropolitan area: a brewery & full service restaurant, and two satellite tap room locations. Almost $2.3MM in total revenue. The business was founded in 2014. All equipment and inventory at time of sale convey. All three locations are leased. Very loyal customer base and terrific brand equity. Gross Revenue figure and cash flow / SDE figure is from most recent full year-- 2023. Please contact Scott Armstrong with questions or interest. 

    $250,000
    Indianapolis, IN  Agent: Scott Lands
    View Details 
    Tobacco & 210 Liquor License, Complete Bar

    Looking to open your own Cigar Bar in Marion County, Indiana? A tobacco license is nearly impossible to get in Indianapolis. Here is your chance. Get a tobacco license and a 210 liquor, beer wine license that you can relocate anywhere in Marion County. If you don't have a place, we can help you with an existing location with assets. $250,000 asking price for the 2 licenses. Complete bar for sale with tobacco license also. Or just buy the license. Inquire for details. 

    $849,000
    Cash Flow: $270,000 
    Evansville, IN  Agent: Jason Swathwood
    View Details 
    Established Auto Accessories Business For Sale

    This established business specializes in auto and truck accessories.This industry leader provides a full array of auto after market solutions including: window tinting, window films, vehicle wraps, audio and electronics, security systems, car and truck accessories, hitches, detailing and ceramic coating. 

    $145,000
    Cash Flow: $75,000 
    Indianapolis, IN  Agent: Scott Lands
    View Details 
    Business-to-Business Service Provider in the Hospitality Industry

    Provides inventory and loss prevention services in the hospitality industry to bars and restaurants. Owner-operated. No employees, although you may choose to add them. Protected territory in Indianapolis metro. Can be grown significantly with additional marketing by someone with the time and adding employees. Operates from a home office with no overhead. Services provided occur at customer locations in and around the city. Stable reoccurring revenue with weekly and monthly services. 

    $200,000
    Cash Flow: $80,000 
    Kokomo, IN  Agent: Scott Lands
    View Details 
    HVAC Business - North Central Indiana

    Well Established HVAC Business for sale. Located in a town of 20,000 people. Residential & Commercial. Details are limited to protect the confidentiality. Significant customer database over decades of serving their county and adjacent counties. Great business for someone in, or wanting to expand to, Kokomo, Delphi, Peru, Rochester, Logansport, Monticello, or Lafayette, IN. 

    $339,000
    Cash Flow: $155,000 
    Indianapolis, IN  Agent: Jason Swathwood
    View Details 
    Popular and Profitable Pizza Franchise in NE Indy for Sale

    Pizza Franchise serving NE Indianapolis and surrounding areas. Present owners are selling because they are relocating. The franchise will help you with all aspects of your business and will train you for success. The present owners are willing to spend time with you to make a successful transition for a reasonable time period. This business enjoys great community relationships and support. It is very family-oriented. The area is growing and has great potential for future increased sales. 

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