Business Description

This oil and gas services company operates four drilling rigs capable of reaching depths of 14,000 ft. They offer a range of services, including drilling, rigging, equipment hauling, and distribution of branded drill bits. With a focus on the northeast quadrant of the Midwest, the company has seen revenue growth in recent years due to increased regional oil and gas production. The company, led by a hands-on owner acting as General Manager, has a solid team that ensures streamlined operations across multiple projects. Sales projections for the upcoming year are strong, continuing the trend of increased revenues. Operating from a spacious property with various facilities, including a main shop, warehouse space, and office space, the company has a strong reputation and customer base that attracts new clients while retaining existing ones. With a substantial customer base, solid track record, and 30 years of experience, this company offers a turnkey opportunity for a prospective buyer. The business model, supported by 93 personnel, is poised for expansion and growth.