Business Brokers Indianapolis

Part
01
of five
Part
01

Business Brokers in Indianapolis - Part 1

Ten of the major business brokers in Indiana include Morgan & Westfield Business Brokers, ABA Advisors, LLC, Synergy Business Brokers, Cressy Commercial, Murphy Business and Financial of Indianapolis, Indiana Business Advisors, Emsons Realty Ltd., BIB Group, Venture Resource Business Brokers, and Illiana Properties. The location, specialization, number of employees, and revenue of these business brokers can be found below:

Morgan & Westfield Business Brokers

  • Morgan & Westfield Business Brokers specializes in selling small and mid-sized businesses with annual revenues of up to $50 million.
  • Morgan & Westfield Business Brokers has several offices throughout the US and Canada. The company has three offices in Indiana. These offices are located in Fort Wayne, South Bend, and Evansville.
  • Morgan & Westfield Business Brokers has 2,666 employees in all of its offices.
  • The company's estimated revenue is $498.5 million. The company does not provide a breakdown of its revenue or employees by state.

ABA Advisors, LLC

  • Based in Indianapolis, ABA Advisors, LLC is a national brokerage and business consulting company that specializes in selling tax and accounting businesses with annual revenues ranging from $200,000 to 2 million.
  • The company has between 2-10 employees.
  • ABA Advisors, LLC has an estimated revenue of $61 million.

Synergy Business Brokers

Cressy Commercial

Murphy Business and Financial of Indianapolis

Indiana Business Advisors

Emsons Realty Ltd.

BIB Group

Venture Resource Business Brokers

Illiana Properties

Research Strategy

To find ten of the major business brokers in Indianapolis, we started our research by looking for any precompiled lists of top or major business brokers in Indianapolis city or Indiana state. Although a few lists of top business brokers in the US were found, no precompiled lists featuring major business brokers in Indianapolis city or Indiana state were available. We then combed through credible market research resources and articles from sources such as IBIS World, MarketWatch, CB Insights, Tech Crunch, Statista, Franchising.com, Forbes, PRNewswire, etc., to find any precompiled lists of business brokers categorized by states. However, apart from an outdated IBIS report featuring three of the largest business brokers in the US in 2015 (Corporation, Sunbelt, and Transworld Business Advisors), no relevant reports or lists were found.

We then turned to industry-specific databases such as Merger Place, BizBuySell, Business Broker, and BizQuest to identify all business brokers in Indianapolis and rank them by their revenue. Apart from the business brokers identified in our initial research i.e., American Business Investors, Naab Consulting, Indiana Equity Brokers, and Allan Michael Group, we were able to find only a few more business brokers in Indianapolis. To locate additional major business brokers, we expanded our research to Indiana state as a whole.

Our next step was to rank the identified business brokers by revenue. To find the revenue information, we first scoured through each broker's official website and LinkedIn page to find any officially released revenue or income information. However, since these business brokers are privately-held, no such information was found via this approach. We also ran a press scan to find any news and media reports and articles indicating the revenue of the identified brokers, however, this approach wasn't helpful either. The business brokers' databases also didn't provide any indication of the revenue of the listed brokers. We also combed through the profiles of these brokers in the official business directory of Indiana state as well as OpenCorporates. While these resources provided insights into the brokers' location and status, no information on revenue was provided. As a last resort, we used estimated revenue information available on third-party sources such as ZoomInfo to provide 10 of the major business brokers in Indiana. While the estimated revenue can not be substituted for officially released revenue figures, it provides an indication of the major players in the industry. Additionally, where available, the number of employees in each brokerage firm was obtained from the official business website or LinkedIn page, instead of third-party sources.
Part
02
of five
Part
02

Business Brokers in Indianapolis - Part 2

After extensive research, only six additional major business brokers in Indiana were identified. These include Transworld Business Advisors of Indiana, Comprehensive Business Brokers LLC, The Saleh Group, Anthony Wayne Business Exchange, Chelsis Financial, and Midwest Business Brokers. The location, specialization, number of employees, and revenue of these business brokers can be found below:

Transworld Business Advisors of Indiana

Comprehensive Business Brokers LLC

  • Based in Bloomington, Indiana, Comprehensive Business Brokers LLC offers business brokerage services in south-central Indiana.
  • The company has 14 employees.
  • Comprehensive Business Brokers LLC has an estimated revenue of $2.8 million.

The Saleh Group

Anthony Wayne Business Exchange

Chelsis Financial

Midwest Business Brokers

Additional Findings

Research Strategy

To find ten additional major business brokers by revenue, we started our research by looking for any precompiled lists of top or major business brokers in Indianapolis city or Indiana state. Although a few lists of top business brokers in the US were found, no precompiled lists featuring major business brokers in Indianapolis city or Indiana state were available. We then combed through credible market research resources and articles from sources such as IBIS World, MarketWatch, CB Insights, Tech Crunch, Statista, Franchising.com, Forbes, PRNewswire, etc., to find any pre-compiled lists of business brokers categorized by states. However, apart from an outdated IBIS report featuring three of the largest business brokers in the US in 2015 (Murphy Business & Financial Corporation, Sunbelt, and Transworld Business Advisors), no relevant reports or lists were found.

We then turned to industry-specific databases such as Merger Place, BizBuySell, Business Broker, and BizQuest to identify business brokers in Indiana and rank them by their revenue. We also scoured through the website of the International Business Brokers Association. Apart from the 14 business brokers already identified in our previous researches, we were able to find only a few additional business brokers in Indiana state across several databases.

Our next step was to rank the identified business brokers by revenue. To find the revenue information, we first scoured through each broker's official website and LinkedIn page to find any officially released revenue or income information. However, since these business brokers are privately-held, no such information was found via this approach. We also ran a press scan to find any news and media reports and articles indicating the revenue of the identified brokers, however, this approach wasn't helpful either. The business brokers' databases also didn't provide any indication of the revenue of the listed brokers. We also combed through the profiles of these brokers in the official business directory of Indiana state as well as OpenCorporates. While these resources provided insights into the brokers' location and status, no information on revenue was provided. As a last resort, we used estimated revenue information available on third-party sources such as ZoomInfo, Crunchbase, Craft.co, and Owler to provide additional major business brokers in Indiana. While we were able to provide complete details of six additional business brokers using this approach, no revenue information could be found for some business brokers including BND Business Brokerage and Tri-State Business Brokers, LLC. Hence, we have excluded them from our list of major business brokers.

Additionally, where available, the number of employees in each brokerage firm was obtained from the official business website or LinkedIn page, instead of third-party sources.
Part
03
of five
Part
03

Indianapolis Businesses for Sale - Part 1

Twenty of the largest for-sale businesses in Indianapolis have been identified based on their revenue. The annual revenue of these businesses ranges from $6.5 million to $0.6 million. The asking price of the identified businesses and the name and website of the corresponding business broker have been provided in the attached spreadsheet. Additionally, the revenue and cash flow of the identified businesses have also been compiled in the spreadsheet. A brief overview of the findings can be found below:

Research Strategy

To find 20 of the largest businesses currently for sale in Indianapolis, we scoured through several databases featuring for-sale business listings including BizBuySell, BizQuest, Merger Place, and Business Broker. These databases provided lists of all businesses currently for sale in Indianapolis along with their asking price and financial information such as annual revenue, cash flow, and/or EBITDA. We identified the largest businesses in Indianapolis by annual revenue.

We excluded any business listings for which either no brokers were listed or the listed brokers didn't have any further information (i.e., complete profile in broker databases, website, or a LinkedIn profile) publicly available. Some of the businesses were listed by brokers that are not headquartered in Indianapolis but offer their services in the city. These include The Sterling Advisory Group, The Saleh Group, and DM Brokerage (David Michaels Brokerage) among others.
Part
04
of five
Part
04

Indianapolis Businesses for Sale - Part 2

Fifteen additional large for-sale businesses in Indianapolis have been identified based on their revenue. The annual revenue of these businesses ranges from $0.6 million to $0.38 million. The asking price of the identified businesses and the name and website of the corresponding business broker have been provided in the attached spreadsheet. Additionally, the revenue and cash flow of the identified businesses have also been compiled in the spreadsheet. A brief overview of the findings can be found below:
  • From the 15 additional large businesses identified, Indiana Business Advisors listed four businesses.
  • We Sell Restaurants listed three of the 15 largest businesses currently for sale in Indianapolis.
  • Indiana Equity Brokers and American Business Investors, Inc. both listed two of the 15 largest businesses currently for sale in Indianapolis.

Research Strategy

To find 15 additional large businesses currently for sale in Indianapolis, we scoured through several databases featuring for-sale business listings including BizBuySell, BizQuest, Merger Place, and Business Broker among others. These databases provided lists of all businesses currently for sale in Indianapolis along with their asking price and financial information such as annual revenue, cash flow, and/or EBITDA. We ranked the largest businesses by annual revenue.

We excluded any business listings for which either no broker was listed or the listed broker didn't have any further information (i.e., complete profile in broker databases, website or a LinkedIn profile) publicly available. Some of the businesses were listed by brokers that are not headquartered in Indianapolis but offer their services in the city. These include The Franchise Collective, We Sell Restaurants, and DM Brokerage (David Michaels Brokerage), among others.
Part
05
of five
Part
05

Indianapolis Businesses for Sale - Part 3

Fifteen additional large for-sale businesses in Indianapolis have been identified based on their revenue. The asking price of these businesses and the name and website of the corresponding business broker have been provided in the attached spreadsheet. Additionally, the revenue and cash flow of the identified businesses have also been compiled in the spreadsheet. A brief overview of the findings can be found below:
  • The annual revenue of the 15 additional businesses ranges from $380,000 to $23,500.
  • From these 15 large businesses, Indiana Business Advisors listed three businesses.
  • EatZ & Associates and AEGIS Business Brokers both listed two of the 15 additional large businesses currently for sale in Indianapolis.

Additional Findings

  • Seven additional for-sale businesses along with their asking price and the name and website of the corresponding business broker have been provided in rows 54-60 of the attached spreadsheet. No revenue or other financial information was disclosed for these businesses.

Research Strategy

To find 15 additional large businesses currently for sale in Indianapolis, we scoured through databases featuring for-sale business listings including BizBuySell, BizQuest, Merger Place, and Business Broker. These databases provided lists of all businesses currently for sale in Indianapolis along with their asking price and financial information such as annual revenue, cash flow, and/or EBITDA. We ranked the largest businesses by annual revenue.

We excluded any business listings for which either no broker was listed or the listed broker didn't have any further information (i.e., complete profile in broker databases, website or a LinkedIn profile) publicly available. Some of the businesses were listed by brokers that are not headquartered in Indianapolis but offer their services in the city.
Sources
Sources

From Part 01
From Part 02
From Part 03
From Part 04
From Part 05