Well established and catering to several U.S states, this leading provider offers a comprehensive suite of oil & gas wireline services for government contracts and more.
- It has quality focused services with open hole plug, and perforating, surveying pipe recovery, crane services and pressure control.
- The Vendor has exclusivity in the rocky mountain range.
- SDE Margins of 18.5%, sales for 2024 projected at $8.1 M
- 2023 Revenues $7.6M
- Discretionary earnings of $1.3M
- Experienced management teams
- Ownership offers cross training and consultation for streamlined operations and available for transitioning after sale.
- Several marketing channels leveraged: internet ads, print media, online presence (social media & website), steady verbal referrals
- Strategically designed for its industrial services, a 3,200 square foot facility features offices, shop space and ample storage.
- Long term supplier relationships and nationwide government contracts for surveying.
- Many growth avenues still available.
Assets
- Equipment: $3,612,326
- Inventory: $1,850,000
Optional Property
Oil & Gas field Services
Inception: Started in 2010
Employees: 31 bi-weekly pay