Business Description

This company specializes in oil and gas drilling services, with four drilling rigs reaching depths of up to 14,000 ft. They also offer rigging, equipment hauling, and distribute branded drill bits. Their operations are focused on the oil and gas fields in the northeast quadrant of the Midwest, experiencing revenue growth over the past four years due to increased regional production. With total revenue of $20,740,000 and strong profitability, the company projects sales to exceed $15,000,000 for 2023. Operating from a 33,345-square foot property with four buildings on approximately 13 acres, the facilities include a main shop, warehouse, parking, and office space. The company has 93 employees and a track record of nearly 30 years, making it an attractive opportunity for expansion. Interested buyers can acquire this established business, including inventory and equipment, with additional assets available for negotiation. The company's reputation, large customer base, and ongoing success position it for further growth. For