Oilfield Wireline with Range Exclusivity

United States
Asking Price: $8,000,000
Business For Sale Details
Listed on Jul 3, 2024

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!
Quality-focused Services: open hole plug & perforating, surveying, pipe recovery, crane services, and pressure control.
Vendor Exclusivity in the Rocky Mountain Range.
SDE Margins of 18.5%, Sales for 2024 projected at $8.1 Million!
2023 Revenues $7.6 Million, $1.3M Discretionary Earnings!
Experienced management teams!
Ownership offers cross-training and consultation for streamlined operations and available for transitioning after the 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!
Listing includes Equipment of $3,612,326 and Inventory valued at $1,850,000.

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Financials (USD)

Asking Price $8,000,000

Cash Flow $1,300,000

Sales $7,600,000

Deal Terms

Represented by broker? Yes

Buyer Fee? Available On Request

Seller Financing? Yes

Willing to co-broke? Available On Request

Principals only? Available On Request

Franchise? No

Management will stay? Yes

Relocatable? No

Real Estate? No

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