Oilfield Wireline Business with Vendor Exclusivity in Rocky Mountain Range

This is a well-established oil and gas wireline service provider catering to several U.S. states. The company offers a comprehensive suite of services, including open hole plug & perforating, surveying, pipe recovery, crane services, and pressure control. It has vendor exclusivity in the Rocky Mountain Range. The business has projected sales of $8.1 million for 2024 and had $7.6 million in revenues and $1.3M discretionary earnings in 2023. The business operates from a 3,200 square foot facility and has 31 nonunion employees. The reasons for selling are approaching retirement and/or pursuing other interests.