N2231 Specialized Steam Boiler Service & Parts Company

(MEaJZklG_hR3nK7mj5Lh5)Specialize%20Steam%20Boiler%20Service%20Parts%20Company.jpg
Contact Broker
Mail Print Save

Building & Construction Businesses for Sale

  • Primary Category: HVAC Businesses for Sale

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

Financial Information

  • $400,000 Asking Price
  • $260,535 Cash Flow
  • $1,040,677 Gross Revenue
  • Negotiable Down Payment
  • N/A Adjusted EBITDA

Business Location

  • City: Midwest
  • State: Confidential

Reason for Sale

  • Retirement

Detailed information

  • Year Established: 1960
  • Home Based: No
  • Franchise: No
  • Relocatable: Yes
  • Lender Prequalified: No
  • SBA Prequalified: No
  • Part-Time Employees: N/A
  • Contractors: N/A
  • Owner Worked Hours/w: N/A
  • Inventory Included: No
  • Inventory Value: On request
  • Monthly Rent: N/A
  • Real Estate Available: No
  • Real Estate Included: No
  • Real Estate Value: N/A
  • FF&E Included?: Yes
  • FF&E Value: N/A

Facilities

  • Facilities are leased.
Business Listed by
image of Andrew Wahl
Andrew Wahl
Sunbelt of Indianapolis
Email Andrew
Listing ID
INDIAIN001-58782

Contact Business Broker

"*" indicates required fields

This field is for validation purposes and should be left unchanged.
Name*
Newsletter

Similar Businesses for Sale

Image of N2245 Full-Service Architectural Firm Save

N2245 Full-Service Architectural Firm

 Midwest, Confidential

This established full-service architectural firm has been delivering architecture, design, master planning, interior design, and construction documentation services for nearly...

$1.834m Gross Revenue
$596.3k Cash Flow
Asking Price $2.304m
View Listing Save
Image of N2183 Industrial Machinery Component Distribution & Service Company Save

N2183 Industrial Machinery Component Distribution & Service Company

 Indiana, Indiana

The business has been operating more than 40 years and has grown to become a leading distributor in the Midwest....

$7.109m Gross Revenue
$557.7k Cash Flow
Asking Price $4.500m
View Listing Save
Image of N2241 Established Electrical Services Company for Sale Save

N2241 Established Electrical Services Company for Sale

 Camby, Indiana

This established electrical services company is located in the South Indianapolis metro area. They provide expert power installation and service...

$309k Gross Revenue
$84.2k Cash Flow
Asking Price $165k
View Listing Save
Image of N2176 Central Indiana Commercial Electrical Contractor for Sale Save

N2176 Central Indiana Commercial Electrical Contractor for Sale

 Central Indiana, Indiana

In business for over a decade, this central Indiana commercial electrical contractor provides high quality design and installation services to...

$1.439m Gross Revenue
On request Cash Flow
Asking Price $795k
View Listing Save