Business Description

This company specializes in oil and gas drilling services, boasting four rigs capable of drilling up to 14,000 ft deep. In addition to drilling, they offer rigging, equipment hauling, and distribution of branded drill bits. Their operations are well-managed, with a dedicated team focused on projects in the northeast quadrant of the Midwest, leading to increasing revenues over the past four years. With total revenue reaching $20,740,000 last year and strong profits, the company is projected to exceed $15,000,000 in sales for 2023. They have a large customer base and solid reputation, supported by a team of 93 personnel and 30 years of business experience. Situated on a 13-acre property with multiple buildings, the facilities include shops for job preparation and equipment repair, warehouse space, parking, and offices. The business is being offered for sale with inventory and equipment included, providing a lucrative opportunity for growth and expansion. Interested buyers are encouraged to contact IAG M