$8,500,000

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 ...

$8,500,000
TBD
property

US Oilfield Wireline

EBITDA

TBD

Gross

TBD

Price

$8,500,000

For Rent For Sale

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

  • Lease of $7.5K monthly

Oil & Gas field Services

  • C-Corp
  • SIC: 1389

Inception: Started in 2010

Employees: 31 bi-weekly pay

 

MergersCorp M&A
International As Seen On

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