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

    Evansville, IN 
    Skate World- Profitable Biz & RE Skate World- Profitable Biz & RE Includes Real Estate

    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. The Real Estate was appraised in September 2016 for $900,000.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 More info

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

    Cash Flow: $237,000 
    Perry Co., IN 
    Concrete Coating, Staining & Sealing Concrete Coating, Staining & Sealing

    They provide both decorative and preventive maintenance types of concrete coating, staining & sealing for commercial, industrial & residential applications that beautify, protect and provide safety to concrete floors and other concrete surfaces. Approx. 40% commercial, 40% industrial & 20% residential.The company has been in business for over 9 years. The owner has a lifetime of experience in the concrete coating industry that he will pass along to the new owner. They have a reputation for quality service and customer satisfaction in Owensboro & Henderson, Kentucky; Evansville, Newburgh, Jasper, Huntingburg & Ferdinand, Indiana, and all areas in between. More info

    Daylight, IN 
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    Horse Stables or Residential Development

    This property has been home to Turner Stables for the past 20 years and the owners are ready to retire. The 47+ acres are mostly level with some gentle slopes and a stocked pond. It is well suited for a residential development. This property offers the feel of "country living" with a convenient location near the north end of Green River Road. It has easy access to a variety of dining, shopping and entertainment. Electric, city water & sewer are on the property (no gas). Gas is available along Petersburg Rd.This property is also available as a horse training/boarding business. The main barn has 27 stalls, wash rack with stocks, 2 tack rooms, a viewing room, rest room, feed room, More info

    Cash Flow: $224,600 
    Evansville, IN 
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    Tri-State's Leading Steakhouse Restaurant

    For many years, this restaurant has been a Tri-State landmark steakhouse. This popular steakhouse restaurant has been in business for over 40 years and is well-known for their flavorful steaks, seafood and barbequed selections. They have a full bar (3-way liquor license) with a wide variety of wines, beer and cocktails. They can accommodate special gatherings for groups from 10 to 80. They have seating capacity for 225. They are proud to be able to say that 40% of their staff have been with them for over 10 years. This price INCLUDES Real Estate, 3-way liquor license and equipment. The price break-down is: $399,000 for the business and $425,000 for the real estate.Upon receipt of the More info

    Evansville, IN 
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    Power Lawn & Garden Equipment Sales & Service

    Well established lawn & garden power equipment sales & service business for home, farm & commercial: mowers, brush cutters,trimmers, blowers, snow throwers & generators. There is an attractive show-room and large display area. They offer a wide variety of the top names. They do not consider the "box stores" as direct competition, as they will eventually service or replace what the "box stores" sell. They average about $2.6M in annual revenue.The business & real estate are offered together at the $1.5M price; or, you can buy the business for $450K and lease the real estate for $7K/mo. NNN.Most of the power equipment is on "floor-plan." The "floor-plan" will need to be transferred/assumed by More info

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