Property
$549,0000.5 Acres
For Sale
For Sale
$549,0000.5 Acres
For Sale

18 North First Street, Hay Springs, NE 69347 - Sheridan County

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Property ID 20291017

Panhandle Drilling Inc

Description

Panhandle Drilling Inc. - Established Well Service Business for Sale

Hay Springs, Nebraska | Serving Western Nebraska & Southern South Dakota

Turn-Key Opportunity with Equipment, Facilities & New Service Truck Included

Rare opportunities like this don't come available often. Panhandle Drilling Inc. is a well-established and respected well-service business that has been serving the Mirage Flats region since 1985. With nearly four decades of proven performance, the company has built a loyal and diverse customer base throughout western Nebraska and southern South Dakota.

This is a true turn-key business opportunity, offering an established reputation, consistent service demand, modern shop facilities, and valuable equipment-positioning a new owner for immediate income and long-term growth.

Business Overview

Founded in 1985, Panhandle Drilling Inc. has earned a strong reputation for reliability, quality workmanship, and dependable service. The business primarily provides well service and support for agricultural, residential, and commercial customers across the region.

Key strengths include:

Nearly 40 years of operating history

Established and loyal customer base

Strong regional demand for well service

Excellent reputation within the community

Proven track record of consistent business

Included Equipment - NEW Service Truck

A major asset included in the sale is a brand-new 2026 Ford F-450 4x4 Super Chassis service truck, providing exceptional capability and immediate operational readiness.

Truck Features:

2026 Ford F-450 4x4 Super Chassis

Powerful 7.3L V8 engine

Built for heavy-duty well service operations

Ready for immediate deployment

This new truck represents a significant investment and provides the buyer with reliable, modern equipment to support ongoing operations.

Property & Facilities

The business operates from its headquarters in Hay Springs, Nebraska, situated on just over half an acre in a convenient and accessible location.

Main Office Building

Built in 1930

Serves as the administrative headquarters

Provides functional office and operational space

Modern Shop Facility

Built in 2014

40' x 80' (3,200 sq ft)

6" reinforced concrete flooring throughout

Designed for heavy equipment and service work

Additional Features:

East side framed for optional office expansion

Plumbing stubbed into the floor

Water access already in place

Ample space for equipment storage and operations

Location Advantages

Hay Springs offers a strategic central location for servicing a large geographic territory, including:

Western Nebraska agricultural operations

Southern South Dakota ranching regions

Strong local farming and livestock economy

Easy highway access for efficient travel

Growth Potential

This business offers excellent upside for a motivated owner-operator or established company looking to expand.

Opportunities include:

Expanding service territory

Increasing service offerings

Adding additional crews

Leveraging strong existing customer relationships

The current owner is committed to ensuring a smooth transition and will provide up to two months of training at no cost to help the buyer become established.

Highlights

Nearly 40-year established well service business

Loyal customer base across two states

Modern shop facility built in 2014

Turn-key operational setup

Brand-new 2026 Ford F-450 service truck included

Strong regional demand for services

Excellent growth potential

Owner training available

From elevation to risk assessment

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Environmental Factors

Flood Factor ™
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Fire Factor ™
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Source:First Street

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Listing last updated: February 14, 2026 at 12:20 PM
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