Troy Frank

Indiana Equity Brokers

License Number: RB15001111

Phone: Show Phone Number

indianaequitybrokers.com


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Indianapolis, Indiana

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

  • Adams County, IN
  • Hamilton County, IN
  • Hancock County, IN
  • Hendricks County, IN
  • Johnson County, IN
  • Lake County, IN
  • LaPorte County, IN
  • Marion County, IN
  • St. Joseph County, IN
  • Tippecanoe County, IN
  • Licensed In

    • Indiana — License number RB15001111

    Professional Affiliations

    www.indianaequitybrokers.com

    Business For Sale Listings

    $439,500
    Cash Flow: $160,000 
    Indianapolis, IN 
    Established Children’s Education Business | Semi-Absentee Recurring Revenue Financing available

    EXECUTIVE SUMMARYEstablished children's education (non-classroom) enterprise serving the Central Indiana market since 2018. The company operates a proven business model delivering structured, skill-based instruction designed to enhance children's confidence and develop essential life competencies.BUSINESS OVERVIEWThis education services company has maintained consistent operations for over six years, establishing a solid market presence throughout the region. The organization focuses on providing systematic educational programming that addresses core developmental needs of young learners while building fundamental life skills.REVENUE MODELThe 

    $3,395,000
    Cash Flow: $1,000,000 
    Fort Wayne, IN 
    Diversified Industrial Services Company Strong Team in Place Financing available

    This established industrial services company represents a premier acquisition opportunity in the domestic manufacturing and infrastructure sector. Founded over a decade ago, the organization has developed into a dominant regional contractor serving Fort Wayne, IN and surrounding markets.Financial Performance:The company generates over $7 million in annual revenue with documented 32% year-over-year growth in 2025, demonstrating strong market demand and operational execution.Service Portfolio:The business operates as a comprehensive industrial contractor through four distinct service divisions, providing diversified revenue streams and reduced 

    $70,000
    Cash Flow: $66,000 
    Indianapolis, IN  Agent: Scott Lands
    View Details 
    Hospitality Inventory Services

    Established full service inventory business with Restaurant & Bar clients. Owner-operator model with part time employees. This business uses the industry-leading hardware and software solutions along with cost accounting principles to provide true variance analysis to make our clients more profitable and manage their business. 

    $2,495,000
    Cash Flow: $418,402 
    Jefferson Co., IN  Agent: Scott Armstrong
    View Details 
    Southeast Indiana Equipment Rental Business For Sale

    Well-established equipment rental company serving both residential and commercial contractors with a comprehensive fleet of high-quality light construction and industrial equipment. The company has built a strong reputation for reliability, exceptional customer service, and equipment availability, positioning itself as a trusted partner for contractors who depend on dependable equipment to keep projects on schedule and within budget. The business specializes in matching customers with the right equipment for each application, leveraging industry expertise and a customer-focused approach to deliver tailored rental solutions. This commitment to service has resulted in an impressive customer retention rate of approximately 95%, supported by numerous recurring monthly rental contracts and long-standing customer relationships. Real Estate (almost 9 acres) 

    $575,000
    Cash Flow: $220,804 
    Hendricks Co., IN  Agent: Scott Armstrong
    View Details 
    Longstanding & Profitable Distribution Business Available

    Very well-established and respected family owned business that has been serving its market since 2007. Founded by its current owner, the company was built upon extensive industry experience and a commitment to providing exceptional customer service, quality workmanship, and long-term client relationships. Over nearly two decades of operation, this distribution business has developed a strong reputation for reliability, professionalism, and industry expertise. The company has demonstrated consistent growth since its inception, expanding from a one-person operation generating approximately $12,000 in monthly revenue to a mature business supported by a team of seven contributors, including an independent sales representative. Today, this business generates an average monthly revenue of approximately $80,000, with peak months exceeding $130,000. The company has maintained strong momentum, producing approximately $515,000 in 

    $460,000
    Cash Flow: $173,414 
    Bartholomew Co., IN  Agent: Scott Armstrong
    View Details 
    Distributor of Industrial & Safety Products Available -Absentee Owner!

    100% TURN-KEY DISTRIBUTION BUSINESS AVAILABLE: Here is your chance to own a Southern IN distributor of industrial and safety products serving construction, manufacturing, municipal, and industrial customers throughout the state. They provide a comprehensive range of personal protective equipment (PPE), safety supplies, industrial products, tools, abrasives, facility maintenance items, and jobsite essentials that help their customers operate safely, efficiently, and productively. Their focus is on delivering quality products, responsive service, and practical solutions that support workplace safety, regulatory compliance, and day-to-day operations. Through strong supplier/vendor partnerships and an efficient distribution model, they help customers reduce downtime, control costs, and ensure their teams have the equipment they need to get the job done.Their proven sales and service process allows them to operate efficiently 

    $270,000
    Cash Flow: $142,330 
    Porter Co., IN  Agent: Scott Armstrong
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    Established & Profitable NW Indiana Bridal Boutique Available!

    Great Opportunity in recession resistant industry -- established bridal boutique available that specializes in all things for the bride - wedding dresses, accessories, veils, jewelry and alterations for brides. They have earned an esteemed reputation in the industry in the area as one of the best bridal boutiques in NW Indiana for service, bridal experience and selection. Very strong brand equity in their market and most new business is driven by referrals. This business is currently owner operated - huge growth potential with the addition of staff / employees. Current asking price of $270,000 is for the business only -- the seller is open to leasing the current space back to buyer, or selling the real estate to buyer. The financials noted in this listing are an average of 2024 and 2025 performance. Pleaes fill out contact info and submit to learn more, thank you. 

    $59,900
    Indianapolis, IN  Agent: Jason Swathwood
    View Details 
    Healthy Cafe and Restaurant-Turn Key

    The Story Behind a Community Pizza SuccessIn the heart of Northeast Indianapolis, a pizza franchise began its journey with a simple vision: create a place where families could gather, neighbors could connect, and everyone could enjoy exceptional pizza. What started as one entrepreneur's dream has evolved into a beloved community cornerstone that defines neighborhood dining.The founding owners understood that success meant more than serving great food - it required building genuine relationships. Year after year, they invested in their community, learning customers' names, celebrating local milestones, and creating the warm, family-friendly atmosphere that sets this location apart. Their dedication transformed first-time visitors into loyal regulars who now consider this their neighborhood pizza home.Through consistent operations and unwavering commitment to 

    $160,000
    Cash Flow: $71,000 
    Indianapolis, IN  Agent: Scott Lands
    View Details 
    Niche Moving and Receiving Business

    This established specialty moving and logistics company serves the high-end furnishings market in Indianapolis, operating within a carefully defined niche that distinguishes it from traditional residential moving services. The business specializes in the transportation and placement of premium furniture pieces and room-specific relocations, focusing exclusively on valuable and delicate items that require specialized handling expertise.The company has developed operational processes specifically designed for single-piece and partial-room moves, avoiding the complexity and resource requirements of full residential relocations. This targeted approach allows for enhanced service quality and operational efficiency within the luxury furnishings segment.Operational Structure:- Focus on high-value furniture and decorative items- Emphasis on careful handling procedures that minimize physical strain- Established protocols for premium 

    $1,600,000
    Cash Flow: $282,426 
    Lake Co., IN  Agent: Scott Armstrong
    View Details 
    Established Home Care Assistance Business Available in NW Indiana

    Fantastic opportunity to become an owner / operator in a growing industry. This home care business was established in 2018 and offers non-medical home care services throughout NW Indiana. The company provides in-home support services designed to help seniors and adults with disabilities remain safely in their homes and communities. The business focuses on compassionate, reliable, and compliance-driven care. Services include attendant care, homemaking, companionship/supportive care, Handy chore, and transportation services. The agency serves both Medicaid-funded and private-pay clients and operates as a service-based non-medical support business. Seller is open to seller financing with qualified buyer and sufficient down payment. Seller Discretionary Earnings / SDE were $1,350,455 in 2023 and SDE was $814,449 in 2024. Over $200,000 in receivables for 

    $150,000
    Cash Flow: $62,500 
    Hamilton Co., IN  Agent: Roger Oberweiser
    View Details 
    Premium Smoke Shop and Cigar Lounge

    Owner operated Cigar Lounge and Smoke Shop in a growing Northeast suburb of Indianapolis. Located on a vibrant street with many restaurants and other unique retail shops nearby. Current owner has been assisting a family member with health issues and hasn't been able to give the business the attention it deserves. Significant growth potential would be available for an owner able to dedicate more time to the business.Once you click on Request Information, you will be taken to an On-line NDA to be completed prior to receiving additional details 

    $1,250,000
    Cash Flow: $467,065 
    DuPage Co., IL  Agent: Scott Armstrong
    View Details 
    Multi Unit Crumbl Locations Available In Booming Chicago Suburbs!

    Rare opportunity to acquire a multi unit Crumbl portfolio in the Chicagoland market. The businesses are well established and operate in high growth areas. Perfect locations -- total/aggregate traffic count is over 70,000 vehicles per day according to IDOT. The locations operate with trained teams and full staff. The businesses generated a combined average gross revenue of approximately $2.1MM annually based on 2023–2025 performance. Average seller discretionary earnings (SDE) the past three years has been $467,065. Financial records are clean and well maintained providing verifiable reporting for prospective buyers and lenders. Modern Crumbl build-outs with high-quality equipment and remaining useful life, all equipment was purchased new and has been well maintained, and will convey to buyer in good condition. Crumbl’s innovative weekly rotating cookie menu drives strong customer engagement and repeat traffic, supported 

    $500,000
    Cash Flow: $130,000 
    South Bend, IN  Agent: Scott Lands
    View Details 
    Reputable independent auto repair business

    Imagine walking into your own established auto repair shop with decades of community trust already built in. This reputable independent automotive service business sits perfectly on a high-traffic street in the community, where customers have been coming for years because they know they'll get honest, quality work.You'll love that this isn't a startup - it's a proven business with deep roots in the metro area. The Seller has spent years building relationships with local customers who return again and again, creating the kind of steady revenue stream every business owner dreams of. When you take over, you're not just buying equipment and a location - you're inheriting a reputation that took decades to build.Here's what makes this opportunity special: the current manager knows the business inside and out, so you can step in without missing a beat. Whether 

    $325,000
    Cash Flow: $100,000 
    Kokomo, IN  Agent: Scott Lands
    View Details 
    Well established HVAC Business near Kokomo

    Family-owned HVAC business in a small town near Kokomo, IN. The Real Estate is owned by the Seller and is for sale with the business. The owner takes care of the office, phone calls, books, ordering, finance, etc. He has 2 techs in the field. Sale includes the business, the real estate, several vehicles, inventory, etc. 

    $4,100,000
    Cash Flow: $630,000 
    Indiana  Agent: Todd Dorsey
    View Details 
    Highly Profitable Live Music & Entertainment Venue (Indiana)

    Highly Profitable Live Music & Entertainment Venue – IndianaRare opportunity to acquire a well-established and highly recognizable live music and entertainment venue in Indiana. This business has built a strong reputation over many years as a premier destination for nationally touring acts, regional performers, and large-scale entertainment events.The venue offers a unique atmosphere that attracts a loyal customer base and consistently draws strong attendance. With large capacity, established booking relationships, and a long track record of successful events, the business is positioned as a leading entertainment destination in its market.Revenue is generated through multiple streams including ticket sales, bar and beverage service, private events, VIP experiences, and merchandise. The venue has a proven operational model, experienced staff, and established 

    $259,000
    Cash Flow: $150,000 
    Indianapolis, IN  Agent: Jason Swathwood
    View Details 
    Pizza Franchise-Very Profitable

    The Story Behind a Community Pizza SuccessIn the heart of Northeast Indianapolis, a pizza franchise began its journey with a simple vision: create a place where families could gather, neighbors could connect, and everyone could enjoy exceptional pizza. What started as one entrepreneur's dream has evolved into a beloved community cornerstone that defines neighborhood dining.The founding owners understood that success meant more than serving great food - it required building genuine relationships. Year after year, they invested in their community, learning customers' names, celebrating local milestones, and creating the warm, family-friendly atmosphere that sets this location apart. Their dedication transformed first-time visitors into loyal regulars who now consider this their neighborhood pizza home.Through consistent operations and unwavering commitment to 

    $195,000
    Cash Flow: $123,082 
    Marion Co., IN  Agent: Scott Armstrong
    View Details 
    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. Approximately $150K of inventory will convey to Buyer. 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, 

    $1,100,000
    Cash Flow: $435,000 
    Indianapolis, IN  Agent: Jason Swathwood
    View Details 
    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. 

    $1,995,000
    Cash Flow: $346,861 
    Indianapolis, IN  Agent: Scott Armstrong
    View Details 
    Iconic Indy Restaurant & Pub Available!

    One of Indy's most popular and long standing restaurant/pubs is available. The offering includes the real estate that was recently appraised during a refinance for $1.9MM (appraisal report can be supplied upon request). 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 

    $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. 

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