Andre TaylorSelling a company you built from the ground up is an incredible milestone. The process is exciting but can easily become overwhelming if you try to navigate the market alone. That’s exactly why you need to find the best business broker in Indianapolis.
These professionals protect your confidentiality and negotiate the highest possible value for your life’s work. Whether you want to retire or transition to an entirely new venture, the right advisor makes all the difference.
To help you out, I explored the top options in the city. Read on to find an expert who truly understands your industry and goals!
How much does a business broker cost in Indianapolis?
In Indianapolis, business brokers typically charge a success fee of 8% to 12% of the final sale price, with most “Main Street” firms maintaining a minimum commission of $10,000 to $15,000.
While some local brokers offer $0 upfront structures, others may require an initial retainer between $2,500 and $7,500 to cover valuation and marketing costs, which is often credited back at closing.
| Fee Type | Typical Cost | Description |
| Engagement Retainer | $1,500 to $5,000 | Covers the initial costs of conducting business appraisals and structuring financials. |
| Standard Success Fee | 8% to 12% | A commission taken strictly from the final sale price of the business. |
| Large Transaction Fee | Scaled Percentage | Brokers use formulas like Double Lehman to decrease the rate for sales over $1 million. |
1. Indiana Equity Brokers
Website: http://www.indianaequitybrokers.com/
Address: 5750 Castle Crk Pkwy Dr N #275
Contact: (317) 333-6655 | [email protected]
Hours: Mon-Fri 9 AM–5 PM, Sat-Sun Closed
Indiana Equity Brokers delivers complete merger and acquisition deal negotiations tailored specifically for local owners.
They specialize in crafting confidential exit strategies that protect your privacy from start to finish. You can confidently hand over the complex sales process to their experienced team and focus entirely on running your daily operations.
A close colleague of mine recently used their services to sell his logistics company, and he praised how carefully they handled the initial buyer screenings without ever tipping off his staff.
Their dedicated approach ensures high-level representation at the negotiating table. However, this highly structured setup is designed for large enterprises.
Micro-business owners seeking a quick ownership transfer might find their thorough approach a bit overwhelming.
Want to express our gratitude and appreciation for all the hard work and dedication our broker showed us during this process of selling our business. He took a lot of the stress off our shoulders and I feel he put in 100% dedication to it snd got it sold! Thanks Scott Armstrong for going above and beyond for us! I will definitely recommend your service to anyone I know needing help with selling their business.
- Brenda Dukes | Google Review
I had a fantastic experience with Indiana Equity Brokers during the sale of my business. From start to finish, their professionalism, communication, and marketing expertise were exceptional.
The team’s attention to detail, transparent communication, and effective marketing strategies led to a smooth and successful sale. I appreciate their dedication and highly recommend IEB to anyone looking to sell their business. Thank you for a positive and stress-free experience!
- Zehra | Google Review
2. Indiana Business Advisors
Website: http://indianabusinessadvisors.com/
Address: 9333 N Meridian St, Ste 200
Contact: (317) 573-2100
Hours: Mon-Fri 9 AM–5 PM, Sat-Sun Closed
Securing a massive network of buyers is easy when you work with Indiana Business Advisors. They bring investment-banking-level professionalism straight to the local lower-middle market.
Furthermore, they’re recognized as the largest business brokerage firm in the state with over 2,200 successful sales. This extensive track record means they have likely sold a company very similar to yours.
As for their expertise, they heavily specialize in the manufacturing, service, and construction support sectors. With them, you gain immediate access to a highly proven operational framework that drives results.
Because they manage such a high volume of transactions, their broad approach can feel less personalized at times. Clients who prefer a highly intimate relationship might feel like just another number in their large system.
I recently worked with Dave Gorman and from the initial consultation to the closing of the sale he was very professional and kept an open line of communication at all times.
When I first met with him he gave me realistic expectations, explained the process of selling a business, and followed through with that he said he would do.
I highly recommend working with Dave if you are looking to buy or sell a business. Having been a previous business owner himself he can relate to the ups and downs of running and selling a business.
- Raft to Rafters | Google Review
Dave Gorman was our broker when selling our vending machine business. He was outstanding – very professional and knowledgeable every step of the way and throughout the entire process. We would highly recommend him to anyone looking to buy/sell a business!
- Jeff Smith | Google Review
3. The Innova Group
Website: https://innovacompany.co/
Address: 350 Massachusetts Avenue Suite 300
Contact: (317) 536-4007 | [email protected]
Hours: Mon-Fri 9 AM–5 PM, Sat-Sun Closed
If you need comprehensive consulting and growth strategies, The Innova Group is specifically designed to accelerate your revenue.
They stand out by offering dedicated leadership development and strategic operational consulting before you even list your company. This helps you build a capable executive team and expand into new markets, boosting your ultimate valuation.
They’re a great fit if you need to optimize your local digital footprint with SEO in Indianapolis prior to an acquisition. It’s notable that their team works diligently with various retail organizations to maximize scalable growth.
The main downside is their steep entry cost. Minimum consulting project sizes typically start at $10,000, which will easily price out early-stage startups operating on tight budgets.
10/10 experience working here. I gained all the sales and leadership skills that are relevant in any industry. And I even gained some lifelong friends along the way. Whether you want to learn real life skills for a few years to take into another industry or grow with the company for your entire career I highly recommend working here
- jason k | Google Review
The best thing about this company is the people. The culture here is positive, uplifting, supportive, and encourages merit based success. This is a great opportunity for anyone looking to gain sales skills, learn about success in business, and have endless advancements/growth opportunities!
- mark james | Google Review
4. Transworld Business Advisors of Indiana
Website: https://www.tworld.com/locations/indiana/carmel/
Address: 13295 Illinois Street Suite 228, Carmel
Contact: (317) 564-4777 | [email protected]
Hours: Mon-Fri 8:30 AM–5 PM, Sat-Sun Closed
Stepping into the international market requires the right partner, and Transworld Business Advisors leverages over three decades of industry experience to offer unparalleled global reach.
They operate as part of the world’s largest independently owned business brokerage network. This massive footprint allows them to market your company to domestic and international investors safely.
They also provide outstanding support for franchise purchasing and development.
One of my relatives actually consulted with one of their agents last year regarding a commercial transfer and was genuinely impressed by their rigorous process for protecting seller privacy.
The only catch is their primary office location. They’re based in Carmel, so you’ll face a short commute if you prefer to hold meetings downtown.
Mike Berry and the Transworld Business Advisors of Indiana have been strategic partners of ours for many years now. They simplify the process of buying and/or selling businesses and walk with our clients along the way. We highly recommend them.
- Carey Yukich | Google Review
When I decided to sell my business, I met with several brokers, and it was clear that the platform at Transworld Business Advisors of Indiana was the right choice for me. They were successful in finding the right buyer for my upscale winery. I would highly recommend Transworld to anyone thinking about selling their business. What sets Transworld apart from the others is their deep knowledge on valuation and the ability to effectively find solutions to roadblocks that arise during the selling process to keep the transaction moving forward to completion.
- Tim Anderson | Google Review
5. Murphy Business Sales
Website: https://murphybusiness.com/indianapolis/
Address: 10401 N Meridian St Suite 300
Contact: (317) 854-8500
Hours: Mon-Fri 8 AM–5 PM, Sat-Sun Closed
Valuing a company correctly is an art, and Murphy Business Sales stands out by delivering highly accurate business appraisals supported by a massive North American network.
They provide premium brokerage services that guide you smoothly from the initial evaluation through to the closing table. Plus, their local agents have deep ties to the regional economy and know how to position your company effectively.
If your business caters to diverse demographics, they can seamlessly connect you with buyers seeking that specific market reach, or suggest using professional translation services in Indianapolis to broaden your appeal before a sale.
However, their vast corporate structure means your listing must comply with rigid internal marketing protocols. This lack of flexibility can sometimes delay the launch of your initial listing.
Chuck is a man of good integrity who cares for his clients and has been in the industry a long time. We didnt get a deal done on our first run at it, but I am in the saddle for any future deals that could arise.
- Matt Lents, CPA, CMI | Google Review
Preston is a great advisor with a great team. His insight and guidance have been invaluable in my business. I wouldn’t hesitate to recommend him and ABA to anyone looking for the proper counsel for their business.
- Mark HuYoung | Google Review
