Businesses for Sale in Indiana

Browse 298 businesses currently for sale in Indiana with an average asking price of $1.3M. Find acquisition opportunities across industries.

Active Listings
298
Median Asking Price
$800K
Median SDE
$250K
Median Multiple
3.4x SDE
Avg Asking Price
$1.3M
Average SDE
$289K
Listed in Last 30 Days
144
Added This Week
21

Median figures are computed over the 189 listings currently browsable on this page. Averages and counts cover all 298 active listings tracked in the last 90 days.

Listings by Metro in Indiana

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Businesses for Sale in Indiana

Showing 121144 of 188

Jun 10

Pet Store Franchise for Sale in Indianapolis, IN

Indianapolis-Carmel-Anderson, IN
$1.1MRetail & E-commerce
Cash Flow:$343K
Multiple:3.1x
Why Buy

This nationally franchised pet retail store in the Indianapolis metro area has demonstrated year-over-year sales growth and generates well over $340K in annual owner earnings for an active owner-operator. The business benefits from franchisor support, established breeder relationships, and strong margins on pet sales with minimal direct local competition in its retail segment. Franchise financing support for in-store customers and a proven operational system lower the barrier for a qualified buyer.

Manager in Place
Jun 10

Established Profitable Plumbing Contractor for Sale in Indiana

IN
$1.0MHome Services
Cash Flow:$350K
Multiple:2.9x
Why Buy

This southern Indiana plumbing company has operated for over 30 years providing design, installation, repair, and maintenance services across service, residential, and commercial segments, with revenue growing 12% year over year. A licensed and experienced team of ten, including two licensed plumbers and dedicated office and service management, is in place to support a smooth ownership transition. SBA pre-approval and seller willingness to provide extended training make this an accessible acquisition for a qualified buyer.

Manager in PlaceGrowth Trajectory
Apr 5

Retail Bakery for Sale in Chicago, IN

Chicago-Naperville-Elgin, IN
$600KFood & Beverage
Cash Flow:$161K
Multiple:3.7x
Why Buy

This Indiana bakery has operated for over 40 years with a loyal repeat customer base and a simple, proven product model that runs with minimal complexity. Annual SDE of approximately $161,000 reflects consistent demand from a community that has supported the business across multiple decades and ownership transitions. The turnkey setup and strong neighborhood presence make this an accessible acquisition for a buyer seeking a stable, low-complexity small business with genuine local goodwill.

Sticky CustomersRecurring Revenue
Jun 10

Fire & Safety Equipment for Sale in Indiana

IN
$1.4MWholesale & Distribution
Cash Flow:$355K
Multiple:3.9x
Why Buy

This Indiana-based fire and safety equipment business has spent over two decades supplying fire, EMS, and safety clients across multiple states, building a diversified and loyal customer base spanning commercial, industrial, and municipal sectors. Revenue exceeds $2.9M annually with solid cash flow, underpinned by recurring demand for compliance-driven safety products. The business offers a new owner an established distribution platform with long-standing client relationships and a strong regional reputation.

Sticky Customers
Jun 10

Montessori School for Sale in Chicago, IN

Chicago-Naperville-Elgin, IN
$725KEducation & Training
Cash Flow:$145K
Multiple:5.0x
Why Buy

This early childhood education center has operated for 50 years in the greater Chicago metro area, building deep community trust and a strong academic reputation serving children from infancy through kindergarten age. The purpose-built facility has been recently upgraded across HVAC, roofing, security, and outdoor spaces, reducing near-term capital expenditure needs for a new owner. A tenured staff and proven enrollment model provide a stable operational foundation in a structurally undersupplied childcare market.

Recurring RevenueSticky CustomersGrowth Trajectory
Jun 10

Furniture Retail Store for Sale in Indiana

IN
$925KRetail & E-commerce
Cash Flow:$375K
Multiple:2.5x
Why Buy

This Indiana furniture and fixtures retailer operates a cash-and-carry model with proprietary product selection, generating approximately $375K in predictable annual cash flow supported by a loyal repeat-customer base and strong online reviews. The highly automated operation requires limited hands-on management, making it accessible for an owner-operator or semi-absentee buyer. Long-established brand equity and refined store layout contribute to consistent unit economics year over year.

Sticky CustomersRecurring Revenue
Jun 10

Frozen Yogurt Franchise for Sale in Indianapolis, IN

Indianapolis-Carmel-Anderson, IN
$759KFood & Beverage
Cash Flow:$251K
Multiple:3.0x
Why Buy

This Indianapolis metro package includes two established frozen yogurt franchise locations in high-traffic retail corridors, plus additional revenue-generating assets that diversify earnings beyond the core storefronts. Together the locations generate approximately $250K in annual SDE on a $759K asking price, offering solid unit economics for a franchise buyer. The multi-site structure provides scale and operational leverage that a single-unit acquisition cannot match.

4w ago

Cash-flowing Turnkey Flagged Hotel for Sale in Chicago, IN

Chicago-Naperville-Elgin, IN
$6.9MEntertainment & Recreation
Cash Flow:$300K
Multiple:23.0x
Why Buy

A 70-room flagged hotel in the Chicago metro area generates $1.8M in room revenue with no property improvement plan (PIP) required, limiting near-term capital outlay for a buyer. The property is currently absentee-operated, indicating strong systems are in place, while also suggesting an active owner-operator could extract significantly more value. At a $6.9M asking price with $300K in SDE, this is a hospitality acquisition suited for an experienced operator seeking a branded flag in a major metro market.

Absentee Owner
Jun 10

Gas Station And Convenience for Sale in Indiana

IN
$1.4MRetail & E-commerce
Cash Flow:$160K
Multiple:8.8x
Why Buy

A branded gas station in Indiana moves approximately 30,000 gallons of fuel per month alongside $80K in monthly inside store sales, with an additional $3K in other income streams. The business operates with fiberglass tanks, reducing environmental liability risk, and owner financing is available to qualified buyers. At $1.4M asking price with $160K in SDE, this is a straightforward owner-operator fuel and convenience acquisition.

4w ago

Flagged Motel for Sale in Chicago, IN

Chicago-Naperville-Elgin, IN
$4.0MEntertainment & Recreation
Cash Flow:$250K
Multiple:16.0x
Why Buy

A 122-room flagged motel in the Chicago metro area generates $1.3M in room revenue with no PIP required, keeping upfront capital needs low for an acquiring buyer. The property currently operates under absentee management, suggesting meaningful upside for an engaged owner-operator who can optimize occupancy and operational efficiency. Asking price of $4M with $250K in SDE positions this as a hospitality acquisition for a buyer seeking a branded flag in a high-demand corridor.

Absentee Owner
Jun 10

Absentee-run Profitable Pizza Franchise for Sale in Indiana

IN
$1.8MFood & Beverage
Cash Flow:$437K
Multiple:4.1x
Why Buy

This passively operated pizza franchise generates strong owner cash flow with minimal ownership involvement, managed day-to-day by four certified part-time managers. The store operates on a condensed daily schedule, leaving meaningful upside through extended hours, catering, and corporate accounts that the current owner has not pursued. With nearly three decades in operation and a stable repeat customer base, this is a compelling acquisition for a semi-passive or portfolio buyer.

Absentee OwnerManager in PlaceRecurring RevenueSticky Customers
Jun 10

Landscape Design Build Company for Sale in Chicago, IN

Chicago-Naperville-Elgin, IN
$1.8MHome Services
Cash Flow:$383K
Multiple:4.6x
Why Buy

This Northwest Indiana landscaping and garden center has been designing and building custom outdoor spaces for nearly four decades, with crews trained to execute from architectural blueprints on both residential and commercial projects. A complementary on-site garden center selling bulk supplies and plants provides additional revenue diversification beyond design-build project work. With approximately $383K in annual seller earnings, the business offers a well-rounded platform for a buyer interested in the landscaping sector.

Sticky CustomersHigh Seasonality
Jun 10

Industrial Packaging Manufacturer for Sale in Indiana

IN
$3.5MManufacturing & Production
Cash Flow:$365K
Multiple:9.6x
Why Buy

This Indiana manufacturer designs and produces custom packaging and material handling solutions — including metal options — for automotive OEMs and Tier-1 and Tier-2 suppliers under existing long-term contracts. The business carries four decades of operating history, approved supplier status with multiple customers, and a proven track record meeting automotive quality and delivery standards. Significant untapped growth potential exists through expansion into adjacent markets and geographies.

Sticky CustomersGrowth Trajectory
Jun 6

Radon Mitigation Company for Sale in Indiana

IN
$200KHome Services
Cash Flow:$117K
Multiple:1.7x
Why Buy

This home-based radon mitigation business operates across a multi-county residential market in the Midwest with a referral-driven model anchored by relationships with home inspectors and real estate professionals. The business requires no commercial lease and no employees, generating strong cash flow with minimal overhead. Decades of operating history, consistent revenue growth, and a strong online reputation make this an attractive acquisition for a buyer seeking a low-overhead, essential home services business.

Regulatory Risk
Jun 6

Industrial Parts Distributor for Sale in Indiana

IN
$4.5MWholesale & Distribution
Cash Flow:$558K
Multiple:8.1x
Why Buy

This Midwestern industrial machinery component distributor has operated for over four decades and serves as an authorized distributor for more than three dozen vendors, complementing product sales with comprehensive system design, maintenance, repair, and training services. Revenue has remained consistent in the $7M range, supported by a management team that intends to remain post-close and is capable of continuing the business's growth trajectory. With over $2 million in total assets and specialized testing infrastructure in place, this is a well-capitalized platform in a stable industrial niche.

Manager in PlaceRetirement SaleGrowth Trajectory
Jun 6

Pool Construction & Service for Sale in Indiana

IN
$3.0MHome Services
Cash Flow:$900K
Multiple:3.3x
Why Buy

This Indiana pool construction, service, and retail company has operated for over six decades with a diversified revenue model spanning fiberglass pool installation, recurring seasonal maintenance contracts, repair and upgrade work, and retail sales of chemicals and accessories. The business maintains approximately 1,000 recurring service customers and has completed over 1,500 installations, providing a large and loyal base that generates predictable repeat revenue beyond initial sales. Operating from two locations with a well-established regional brand, this is a mature, asset-rich platform for an acquirer seeking stable cash flow in the outdoor living and home improvement sector.

Manager in PlaceRecurring RevenueSticky CustomersGrowth Trajectory
Jun 5

Dumpster Rental Company for Sale in Indiana

Indianapolis-Carmel-Anderson, IN
$1.6MConstruction & Trades
Cash Flow:$346K
Multiple:4.6x
Why Buy

A franchise-affiliated roll-off dumpster rental business serving a fast-growing Indiana metro generated approximately $1.8 million in revenue and $346,000 in seller's discretionary earnings in its most recent year. The customer base is highly diversified with no single customer representing more than 3% of revenue, drawing from contractors, roofers, remodelers, and residential cleanout clients. Strong local brand equity and recurring demand from multiple contractor segments provide a durable, defensible revenue base.

Recurring RevenueSticky CustomersGrowth TrajectoryManager in Place
Jun 4

Pack & Ship Store for Sale in Indianapolis, IN

Indianapolis-Carmel-Anderson, IN
$740KRetail & E-commerce
Cash Flow:$215K
Multiple:3.4x
Why Buy

This long-operating pack and ship franchise location in the Indianapolis metro serves nearly 27,000 customers annually, with customer count trending upward even as revenue stabilizes — a dynamic that points to owner-engagement upside rather than market softness. The business has operated under the same ownership for over two decades and benefits from a recently remodeled facility and growing shipping and print service lines. A participating owner stepping in is positioned to convert strong foot traffic into accelerated revenue growth.

Absentee OwnerManager in PlaceRevenue DeclineRetirement Sale
Jun 4

Pack & Ship Store for Sale in Indianapolis, IN

Indianapolis-Carmel-Anderson, IN
$675KOther Business Services
Cash Flow:$175K
Multiple:3.8x
Why Buy

This high-volume pack and ship franchise location in the Indianapolis metro serves approximately 27,000 customers annually, with customer count growing even as revenue stabilized — indicating strong traffic fundamentals and meaningful upside for a participating owner. The business has operated under the same ownership for over two decades, benefiting from an active, growing customer base across shipping and print service categories. A long-tenured operation with proven customer loyalty provides an incoming buyer with an immediate revenue foundation in a resilient service category.

Recurring RevenueRetirement Sale
Jun 2

Gas Station & Convenience for Sale in Indiana

IN
$1.6MRetail & E-commerce
Cash Flow:$119K
Multiple:13.4x
Why Buy

This Indiana gas station and convenience store sits on over an acre at a corner location with no nearby competition, generating approximately $1.5 million in annual inside sales alongside meaningful fuel volume. The sale includes the real estate and carries no fuel supply contract, allowing a new owner to negotiate favorable terms. Beer, wine, and lottery sales contribute meaningfully to inside revenue, and the clean, well-maintained property is ready for continued operation.

Sticky CustomersHigh CapEx
Jun 2

American Diner Restaurant for Sale in Indiana

IN
$500KFood & Beverage
Cash Flow:$90K
Multiple:5.6x
Why Buy

This Indiana diner has served a loyal local customer base for over ten years, generating consistent annual revenue on a reputation for quality scratch-made breakfast and comfort food. The business operates from an owned building, eliminating lease risk and providing real asset value alongside the operating cash flow. Strong community recognition and dedicated regulars provide a durable revenue base for an incoming owner-operator.

Sticky Customers
May 27

Turnkey Established Coffee Shop for Sale in Indiana

IN
$350KFood & Beverage
Cash Flow:$90K
Multiple:3.9x
Why Buy

This two-unit coffee shop operation is offered as a turnkey package, providing a buyer with immediate multi-location revenue and operational infrastructure. Both locations are established and generating combined earnings that support the asking price, with the dual-unit structure offering built-in diversification across the central Indiana market. A buyer with food and beverage experience can step into a functioning system with existing staff, equipment, and customer bases in place.

May 27

Japanese Hibachi Steakhouse for Sale in Indianapolis, IN

Indianapolis-Carmel-Anderson, IN
$800KFood & Beverage
Cash Flow:$193K
Multiple:4.2x
Why Buy

This Japanese hibachi steakhouse in the Indianapolis metro has operated for over three decades in an affluent suburban community, building a multigenerational customer following that treats the restaurant as a destination for celebrations and milestone events. The business model combines the entertainment appeal of tableside teppanyaki cooking with a full dining experience, creating strong repeat visitation and word-of-mouth referrals. The deeply embedded community presence and long operating history provide a new owner with a durable brand asset that would take years to build from scratch.

Sticky Customers
May 27

Residential Remodeling Company for Sale in Indianapolis, IN

Indianapolis-Carmel-Anderson, IN
$1.1MConstruction & Trades
Cash Flow:$350K
Multiple:3.3x
Why Buy

This high-end residential remodeling and construction company serves the Indianapolis metro's affluent suburban markets, specializing in custom renovations, additions, and whole-home remodels. The business has built a referral-driven pipeline with strong year-over-year revenue growth and a reputation for craftsmanship that attracts upscale clientele. At a 30%-plus SDE margin on its asking price, the business offers an acquirer a proven platform with organic lead generation and no dependency on paid advertising.

Growth TrajectorySticky Customers

Top Industries in Indiana

Frequently Asked Questions

How many businesses are for sale in Indiana?
There are currently 298 businesses listed for sale in Indiana, with 21 new listings added in the past week.
What is the average asking price for a business in Indiana?
The median asking price for businesses in Indiana is $800K, with prices ranging from $25K to $14.0M.
What multiple of earnings do businesses in Indiana list for?
Across the 189 businesses currently browsable in Indiana, the median asking price is $800K and the median seller's discretionary earnings (SDE) is $250K. The median asking price works out to 3.4x SDE. Multiples vary with size, growth, and owner dependence, so treat this as a benchmark rather than a rule.
What industries are most common in Indiana?
The most common industries for businesses for sale in Indiana are Retail & E-commerce, Food & Beverage, Construction & Trades, Home Services, Healthcare & Wellness.
Can I buy a business in Indiana with an SBA loan?
Yes, many businesses for sale in Indiana qualify for SBA 7(a) financing. SBA loans typically cover 75-90% of the purchase price with 10-year terms, making acquisitions accessible for self-funded searchers.
How do I find the right business to buy in Indiana?
Start by defining your acquisition criteria (industry, price range, location, and minimum cash flow). Searcher OS helps you filter through thousands of listings, analyze CIMs, and manage your deal pipeline from initial interest through closing.

Buying a Business in Indiana

Indiana offers a diverse range of businesses for acquisition, from established service companies to growing retail operations. Whether you're a first-time buyer or an experienced acquirer, understanding the local market is key to finding the right opportunity.

Most businesses in this price range qualify for SBA 7(a) financing, which covers up to 90% of the purchase price. Learn more about the acquisition process in our guides:

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