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- RE: N2231 Specialized Steam Boiler Service & Parts Company
- Contact: Andrew Wahl
Quick Facts
| Asking Price: | $400,000 | |
| Annual Revenue: | $1,040,677 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $260,535 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1960 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | SB-58782 | |
| Broker Reference #: | INDIAIN001-58782 |
Business Overview:
This specialized steam boiler service and parts company has served critical industries across Indiana for over 66 years, establishing itself as the trusted partner for healthcare facilities, food processing plants, and industrial manufacturers. The business delivers expert maintenance, emergency repair, parts supply, and advanced control system installations for steam boiler systems. The company operates a diversified, four-stream revenue model: parts distribution, service C maintenance, equipment replacement, and control systems. It serves approximately 50 active commercial customers, including major healthcare systems and leading food processors with long-term relationships spanning decades and minimal customer churn. The business operates from a leased facility and is supported by an experienced team with years of specialized steam boiler expertise. Investment Highlights • Decades of operating history with Midwest market share in steam boiler service • Specialized expertise across owner and lead technicians • Mission-critical customer base: healthcare and food processing clients cannot afford downtime, ensuring consistent demand • SDE tripled from $86K (2022) to $261K (2025); 2025 net margin of 15% • Same-day emergency service averages $2K; equipment projects exceed $50K • Debt-free asset sale including all tools, combustion • analyzers, FFCE, and customer relationships
Contact the Seller:
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Property Features and Assets:
Facilities are leased.
Reason for Selling:
Retirement. Kindly ask the seller for more information.
Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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