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Established Water Well Drilling Company for Sale in Poteau, OK

Poteau, OK
Midway 13M Rig 1995 International 400 Cummins with Complete Leroy 256/250 PSI 500 CFM
Midway 13M Rig 1995 International 400 Cummins with Complete Leroy 256/250 PSI 500 CFM
Asking Price:$950,000
Gross Revenue:$1,299,042
Cash Flow:$400,227
Established Year:1984
Listing ID: 2284533Listing provided by BizBuySell
BUSINESS DESCRIPTION

J. Grantham Drilling, Inc

This family business is a well-established and reputable drilling business. Located in Eastern Oklahoma, the company offers a comprehensive range of specialized services, including water wells, geo-thermal, probe holes for foundations and soil testing services.
The current owner purchased the business 40 plus years ago and has been drilling in Oklahoma, Arkansas, and Missouri during this period. J. Grantham Drilling is licensed in those states as well. Over the years, the company has successfully drilled 5000 wells and provides service and maintenance work as well. J. Grantham is also a resource for replacement equipment related to the drilling industry, they rehab used equipment and resale the equipment nationwide.
*Financial information available upon request for serious buyers - 2022, 23, & 24 1120 Tax form and YTD Profit and Loss

ATTACHED DOCUMENTS
J. Grantham Drilling, Inc .pdf.pdf Download
DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Employees
5
Facilities
See attached inventory list. OKC Total Pump is the supplier
Competition
One of the notable advantages of this company is its relatively low competition in the market. This favorable market position presents numerous growth opportunities for the company to expand its operations and capture a larger share of the market.
Growth & Expansion
The company has significant geographic and service offering growth opportunities on the horizon. This includes becoming more focused on the service side of the business.
Support & Training
The current owners are willing to stay on for 6 to 12 months to help introduce the buyer to key clientele, employees, and the inner workings of the business.
Reason for Selling
Owner is looking to retire.
Home-Based
This business is Home-Based
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Jeff Cooper
Phone Number
Jeff Cooper
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