Specialized Steam Boiler Service and Parts

 Service / 10 views / New Listing

$400,000.00

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 processorswith 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

 

Growth Opportunities

  • Convert on-demand service customers to recurring annual maintenance contracts for predictable revenue
  • Add technicians to increase capacity and pursue new healthcare and industrial customer acquisition
  • Launch outbound marketing and sales program targeting competitor accounts and new hospital systems
  • Expand service territory into adjacent Midwest states
  • Implement CRM and digital marketing; currently zero online presence or inbound marketing

 

Financial Information

 Revenue  Cash Flow
2025  $1,040,677  $260,535
2024  $1,295,500  $100,605
2023  $858,191  $135,447

 

*For more information regarding this Established Electrical Services Company for sale click the link below. IBA requires a Non-Disclosure Agreement be signed before disclosing business details.**

Non-Disclosure Agreement

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  • Listing ID: 6110
  • Reason For Sale: Retirement
  • Year Established: 1960
  • Location: Midwest
  • Cash Flow: $260,535
  • Revenue: $1,040,677
  • Listing #: N2231
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