Businesses for Sale in Indiana

Browse 235 businesses currently for sale in Indiana with an average asking price of $1.2M. Find acquisition opportunities across industries.

Active Listings
235
Median Asking Price
$851K
Median SDE
$236K
Median Multiple
3.5x SDE
Avg Asking Price
$1.2M
Average SDE
$304K
Listed in Last 30 Days
70
Added This Week
17

Median figures are computed over the 180 listings currently browsable on this page. Averages and counts cover all 235 active listings tracked in the last 90 days.

Listings by Metro in Indiana

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Businesses for Sale in Indiana

Showing 169–182 of 182

May 20

Established Profitable Health & Wellness E for Sale in Indiana

IN
$49KRetail & E-commerce
Cash Flow:$23K
Multiple:2.1x
Why Buy

This India-based direct-to-consumer health brand sells customized health kits — primarily medicated hair regrowth kits with vitamins and hair care products — to a base of over 30,000 customers, with approximately 70% of monthly purchases coming from returning buyers. The brand includes a doctor consultation component that differentiates it from commodity supplement competitors and supports customer retention. At approximately $23K in SDE/EBITDA and a $49K asking price, this is an accessible acquisition for a buyer seeking a digitally native health brand with an established repeat customer base.

Sticky CustomersLow Margins
May 20

Boutique Fitness Studio for Sale in Indianapolis, IN

Indianapolis-Carmel-Anderson, IN
$620KEntertainment & Recreation
Cash Flow:$298K
Multiple:2.1x
Why Buy

A two-location boutique fitness studio package in the Indianapolis metro area generating combined cash flow of over $307,000 with approximately 70% recurring membership revenue providing stable monthly income. The multi-location structure enables shared marketing, cross-trained staff, and centralized management, creating operational efficiencies not available in a single-studio purchase. Both locations are in affluent, growing communities with established member bases and experienced staff in place for a turnkey transition.

Recurring RevenueManager in PlaceGrowth Trajectory
May 17

Profitable Turnkey Nail Salon for Sale in Indianapolis, IN

Indianapolis-Carmel-Anderson, IN
$97KPersonal Services
Cash Flow:$100K
Multiple:1.0x
Why Buy

This nail salon in the greater Indianapolis, Indiana metro area generates approximately $100K in annual earnings and is offered at a near 1x earnings multiple, representing one of the most attractive price-to-earnings ratios available in the personal services sector. The business operates with a lean cost structure including low monthly rent, providing strong cash flow relative to operating expenses. A buyer can step into an established, fully operational salon with an existing client base and begin generating returns from day one.

Recurring RevenueSticky CustomersHigh CapEx
Sep 2

Fedex Ground Route Business for Sale in Fort Wayne, IN

Fort Wayne, IN
$425KTransportation & Logistics
Cash Flow:$528K
Multiple:0.8x
Why Buy

This Indiana FedEx Ground delivery route business operates across a contiguous territory with experienced drivers and a full-time manager in place, enabling semi-absentee ownership from day one. The business has demonstrated consistent double-digit organic growth and generates strong cash flow relative to the purchase price. Seller and vehicle financing options are available, reducing the upfront capital requirement for a qualified buyer.

Manager in PlaceRecurring RevenueGrowth Trajectory
May 9

Branding & Marketing Agency for Sale in Indiana

IN
$738KProfessional Services
Cash Flow:$264K
Multiple:2.8x
Why Buy

Established Profitable professional services business serving Indiana. The business generates meaningful owner earnings, supporting an acquisition in the $500K–$750K range. Exact location, full description, and seller details are available after sign-up.

May 9

Veterinary Radiology Practice for Sale in Indianapolis, IN

Indianapolis-Carmel-Anderson, IN
$3.1MHealthcare & Wellness
Cash Flow:$818K
Multiple:3.7x
Why Buy

This board-certified veterinary radiology and ultrasound practice operates in the Indianapolis metro area, providing specialized diagnostic imaging services to referring veterinary clinics. The referral-based model creates a stable revenue stream without the customer acquisition costs associated with direct-to-consumer practices. With over $800K in annual earnings, the business offers an attractive combination of clinical defensibility and financial performance for a qualified buyer.

Key Person RiskRegulatory Risk
May 8

Landscape Design And Installation for Sale in Indiana

IN
N/AHome Services
Why Buy

This landscape design and installation company in Indiana has operated since 2004, collaborating with residential and commercial clients on custom landscape design and installation projects that generate approximately $330,000 in seller discretionary earnings. The business benefits from a design-led service model that commands higher margins than maintenance-only landscaping operations. Long-standing client relationships and a reputation for quality workmanship provide a stable revenue foundation for a new owner.

Sticky CustomersHigh Seasonality
May 8

Real Estate Development And for Sale in Indiana

IN
N/AReal Estate Services
Why Buy

This Midwest-based company provides real estate development, property management, consulting, and construction management services, generating approximately $472,500 in seller discretionary earnings across a diversified service portfolio. The multi-service model spans the full real estate lifecycle from development and construction management through ongoing property management and advisory work. The business is well-positioned for a buyer seeking exposure to real estate services without the capital intensity of direct property ownership.

Sticky CustomersGrowth Trajectory
May 8

Catering And Restaurant Business for Sale in Indiana

IN
$375KFood & Beverage
Cash Flow:$225K
Multiple:1.7x
Why Buy

This Indiana-based catering and restaurant operation serves a varied client base including corporate events, fundraisers, and weddings, generating approximately $225,000 in seller discretionary earnings on a combined revenue model. The dual revenue stream — both restaurant dining and catering events — provides income diversification and reduces dependence on any single customer segment. The business operates with established recipes, staff, and event relationships that support a smooth ownership transition.

Sticky Customers
May 8

Interior Finish Subcontractor for Sale in Indiana

IN
$1.2MConstruction & Trades
Cash Flow:$990K
Multiple:1.2x
Why Buy

This Division 10 subcontracting business in Indiana specializes in furnishing and installing custom interior finishes for multi-family housing construction projects, generating approximately $990,000 in seller discretionary earnings — an exceptional margin relative to the $1.188 million asking price. The business serves a growing multi-family construction market as a specialized subcontractor with expertise that is difficult to replicate, reducing competitive pressure from generalist contractors. The niche focus and high earnings multiple create a compelling value proposition for a buyer in the construction and trades sector.

Key Person Risk
May 6

Outdoor Living & Pool for Sale in Indianapolis, IN

Indianapolis-Carmel-Anderson, IN
N/AHome Services
Cash Flow:$1.2M
Why Buy

This full-service landscape, hardscape, and custom pool company in the Indianapolis metro grew revenue at a 26% CAGR and adjusted EBITDA at a 33% CAGR from 2022 to 2025, demonstrating exceptional demand for premium outdoor living transformations. The business maintains strong gross profit margins of approximately 37% and produces over $1.19M in annual discretionary earnings from custom design and installation projects tailored to residential clients. A diverse service offering across pools, hardscaping, and lawn and garden design provides multiple revenue levers and cross-sell opportunities.

Growth Trajectory
May 6

Laboratory Equipment Services Company for Sale in Indiana

IN
$800KProfessional Services
Cash Flow:$375K
Multiple:2.1x
Why Buy

This specialized laboratory equipment service and repair company in Indiana has served universities, hospitals, and pharmaceutical companies throughout the Midwest for over 35 years, generating three-year average net income of approximately $375,000 on modest revenue with exceptionally high margins. Significant inventory of specialized tools, refrigerants, and compressors is included in the purchase price, lowering the effective capital requirement for a new owner. A strong 2026 pipeline of quoted work, including dozens of environmental chamber projects, provides near-term revenue visibility.

Growth TrajectorySticky Customers
Sep 1

Bar And Grill Franchise for Sale in Indiana

IN
$899KFood & Beverage
Cash Flow:$294K
Multiple:3.1x
Why Buy

This nationally branded bar and grill in Indiana generates nearly $1.5 million in annual sales with close to $300,000 in owner earnings, reflecting strong unit economics for the food and beverage category. The franchise structure provides training, operational support, and brand recognition that reduces execution risk for a new owner. SBA-eligible financing with a 15% down payment makes this a realistic acquisition for a qualified buyer seeking six-figure income from day one.

Aug 16

Drywall Contracting Company for Sale in Indiana

IN
$1.0MConstruction & Trades
Cash Flow:$432K
Multiple:2.3x
Why Buy

This drywall installation and repair contractor in southern Indiana serves a mix of residential and commercial customers across the greater Louisville region, operating with a lean model that leverages a core group of trusted subcontractors for hanging and proprietary salaried staff for finishing work. The business is owner-operated by an industry veteran with deep expertise and is structured for a clean ownership transition. Strong cash flow relative to the asking price reflects efficient operations and a well-established local market presence.

Key Person Risk

Top Industries in Indiana

Frequently Asked Questions

How many businesses are for sale in Indiana?
There are currently 235 businesses listed for sale in Indiana, with 17 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 $851K, with prices ranging from $25K to $14.0M.
What multiple of earnings do businesses in Indiana list for?
Across the 180 businesses currently browsable in Indiana, the median asking price is $851K and the median seller's discretionary earnings (SDE) is $236K. The median asking price works out to 3.5x 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, Home Services, Construction & Trades, 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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