Randall Forster


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Fax: 630-818-2343


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7588 Ridgebrook Ct.,
Newburgh, Indiana 47630 (View Map)

About the Company

Broker Biography

Randall Forster (812) 449-3424


Forster began his business brokerage and M&A career in 1998 when he launched R.O. Forster & Associates, now Marathon Mergers & Acquisitions, a firm that continues to thrive in today's environment. Commercial real estate and business brokerage go hand-in-hand; however, an important consideration in business brokerage is how to market something that you do not want anyone to know about. Forster will provide the confidentiality required to sell your business without jeopardizing your business in the process. Forster’s expertise lies in the small to mid-market size businesses ($200,000 to $20MM). He is an advisor to business owners regarding preparing their business for future sale, valuations for partnership transfers, and business planning purposes. Randall can also be a valued advisor for your next business acquisition.

Forster takes the title of “Advisor” seriously. With over 100 years of combined commercial real estate experience within the Martin Group office, they are the team you want working for you. As a “Top Ten” commercial real estate company, the Sperry Van Ness brand provides additional access to extensive market data, experts in every sector and segment of the market. The Sperry Van Ness/Martin Group promises to put our clients’ interests first. They do so by immediately marketing your property to the entire brokerage and investment community (nearly 100,000), and they promise to split commissions 50/50 with other brokers.

Forster’s completed transactions include an assisted living facility that sold at full asking price and closed within 45 days of listing. He was also hired by a competing broker to sell a challenging student housing complex which the owner (a commercial broker) had tried to sell for 2 years. Randall sold the property to a group HQ’ed in New York at near full price. In the mergers & acquisitions arena, Forster brokered the sale of a medical testing lab to a large medical services provider. This acquisition gave the new owner immediate and seamless entry into a business segment that they had been considering for some time. Other medical related M&A transactions include a medical supplies & equipment distributor, an in-home elder care business, and a 58-unit assisted living facility ($5MM).

Services Provided

Randall has been a commercial real estate broker for over 17 years, all with The Martin Group. He holds commercial real estate licenses in Indiana and Kentucky. He has secured over 80 transactions with a sales volume of over $45 million. He specializes in Office & Industrial properties and business brokerage.

Partial Client List:
Trilogy Health Services – CRE w/ALF,
Subway Development –location acquisition,
Evansville/Vanderburgh County Regional Airport - lessor,
Raben Tire Company - industrial lease,
PostNet – franchise business,
Great Steak & Potato – franchise business,
Unifirst Corporation – industrial lease,
Palmer House ALF – CRE w/business,
Ramada Inn – CRE w/business,
Godfather’s Pizza – franchise business,
Killian’s Office Products - business,
Premier Electric - business,
IBM - office lease,
St Clair Student Housing - CRE,
Unique Cleaners - business,
Joe Mama’s Pizza – CRE w/business,
Medical General Corp. - business,
G.S. Robins – industrial lease,
Cross Pointe Wesleyan Church – special lease,
The Goodie Shoppe – business,
Four Rivers Health Care – office lease,
US Dept. Defense – office lease,
Indiana Auto Salvage – office lease,
Classic Shades – industrial lease,
Amy’s Market – C-Store,
Pizza King – retail lease,
Gundi’s Restaurant – CRE retail,
Iridium Search – office lease,
Mobilex USA – office lease,
Dr. A. Strobel – office lease,
Sun-Light Motel – CRE,
D&M Towing – CRE,
Doc’s Bar – CRE w/business,
Dr. McGlothan Eye Surgeon – medical office lease,
United Components – office lease,
Quick Mart – C-Store,
Little Cheers - business,

Areas Served

  • Vanderburgh, IN
  • Business For Sale Listings

    Cash Flow: $70,773 
    Evansville, IN 
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    Novelty Food Franchise

    This unique specialty dessert/snack type of food business has a long history of being a favorite in the Tri-State area. They have a full-time manager with the balance of their staff (12-18 people) being part-time. Their expenses are as follows: Food costs: 26%, labor: 25%, lease exp: 26%, and Net 13%. More info

    Evansville, IN 
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    Skate World- Profitable Biz & RE

    Skate World opened in 1999 in a 20,000 SF purpose built steel building onEvansville’s eastside. In addition to the skate rink area, the building houses alarge gaming area, a skate rental and locker area, skate shop, and snack bar.The building is equipped with an impressive audio system controlled from aDJ booth. All business equipment and inventory is included in the sale.Skate World is a popular location for birthday parties and hosts dozens ofspecial events each month. The facility is operated by a long-time managerand 4-5-part time staff that would be amiable to staying on under newownership. Skate World is one of a very few skating rinks in the region. More info

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    Gun & Archery Shop in SW Indiana

    The Gun Shop has been in business for over 30 years. This family owned gunand archery shop is the "Go To" store for all types of hand guns, rifles,ammunition, reloading supplies and archery equipment. They can provideexpert advise and top notch repair work. They also buy used firearms, and sellhunting and fishing licenses. They have a reputation for affordable prices,expert staff and a dynamic inventory. Their convenient location makes themeasy to get to from anywhere in the Tri-State market.The business and real estate are offered together for $499,000; which includesall of the furniture, fixtures & equipment used in the business, plus goodwill. The inventory, at cost, will be added at More info

    Tell City, IN 
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    former Sonic Drive-In Restaurant

    This former Sonic Drive-In restaurant is available and could be re-opened under another name and minimal re-imaging costs. There is some kitchen equipment still in place that may fit in the new concept. It is located catty-corner from the WalMart in Tell City, IN. There are 33 parking spaces on the paved lot. This property was appraised for $600,000 just 2 years ago.The property is located on the west side of Hwy. 66 just north of WalMart in Tell City, IN. The site measures approx. .68 acres or 29,682 sf and is improved with a 2,718 sf former Sonic Drive-In restaurant constructed in 2006. More info

    Cash Flow: $19,000 
    New Harmony, IN 
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    Event Rental & Planning

    Event rentals and wedding/special occasion planning, plus unique décor & gifts. They also provide Tuxedo rentals. This is an exciting and growing business. With years in the industry, they have planned and/or provided rentals for some of the most unique and memorable weddings and events in the Midwest. They have planned and orchestrated special events from small intimate gatherings to galas for hundreds. The opportunities for expansion are limited only by your imagination and energy. The current owner would be willing to work for and train the new owner. More info

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