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18 N 1st St - Panhandle Drilling 3,200 SF Specialty Building Offered at $499,000 in Hay Springs, NE 69347



INVESTMENT HIGHLIGHTS
- Established 38+ years with loyal regional clientele
- Turnkey operation with essential equipment included
- Owners willing to train buyers for up to six months
- Includes 3,200 SF shop built in 2014 with expansion-ready office
- Services include wells, windmills, pumps, and solar systems
EXECUTIVE SUMMARY
Panhandle Drilling Inc. presents a rare opportunity to acquire a turnkey well service business with deep roots in western Nebraska and southern South Dakota. Operating since 1985, this respected company has built a loyal customer base across the Mirage Flats region. The headquarters sits on over half an acre in Hay Springs, Nebraska, featuring a historic 1930-built office and a modern 3,200-square-foot shop constructed in 2014. The shop includes 6-inch concrete flooring throughout and is pre-framed for an additional office with plumbing access, offering expansion potential.
The business specializes in servicing house and livestock wells, windmills, and installing submersible pumps and solar systems. Included in the sale is a robust equipment package featuring a 2019 Ford F-450 with a Smeal service rig, a 2006 Bobcat 323 excavator with attachments, and four utility trailers. Inventory will be sold separately. To ensure a smooth transition, the current owners are willing to stay on for up to six months to train the new operators.
This is a rare chance to own a thriving, essential service business in a scenic and supportive rural community. Whether you're expanding an existing operation or seeking a lifestyle change, Panhandle Drilling Inc. offers the infrastructure, reputation, and support to hit the ground running.
The business specializes in servicing house and livestock wells, windmills, and installing submersible pumps and solar systems. Included in the sale is a robust equipment package featuring a 2019 Ford F-450 with a Smeal service rig, a 2006 Bobcat 323 excavator with attachments, and four utility trailers. Inventory will be sold separately. To ensure a smooth transition, the current owners are willing to stay on for up to six months to train the new operators.
This is a rare chance to own a thriving, essential service business in a scenic and supportive rural community. Whether you're expanding an existing operation or seeking a lifestyle change, Panhandle Drilling Inc. offers the infrastructure, reputation, and support to hit the ground running.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $499,000 | Lot Size | 0.56 AC |
| Price Per SF | $155.94 | Building Size | 3,200 SF |
| Sale Type | Owner User | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2014 |
| Building Class | C | ||
| Zoning | Commercial | ||
| Price | $499,000 |
| Price Per SF | $155.94 |
| Sale Type | Owner User |
| Property Type | Specialty |
| Building Class | C |
| Lot Size | 0.56 AC |
| Building Size | 3,200 SF |
| No. Stories | 1 |
| Year Built | 2014 |
| Zoning | Commercial |
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18 N 1st St - Panhandle Drilling
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