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Own Oil Wells / Absentee $5k - $20k+ Mo
Location: United States -> Michigan -> Detroit
Industry: Technology – Internet Related > E-Commerce and E-Tailers




Business Summary

The only true ABSENTEE RUN business available. Own oil wells on property located at the center of 6 MASSIVE oil fields in Creek County Oklahoma . These fields have produced 10's of millions of barrels of oil since 1914 with 10's of million more barrels still remaining . The 3 wells are set to be drilled the end of March and will be run by a company with over 30 years of success in the oil business. Great opportunity to keep your day job while owning your own ABSENTEE RUN OIL WELL business which you can expand on your own time frame. Cost is only $165,000 for a % ownership in each of the 3 wells , call Bob at 201-233-9652


Financials

Asking Price Range:  < $250K
Gross Revenues:   $1,000,000
Cash Flow:   $125,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  1991
Number of Employees:  1 - 3
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Leased




Print Listing Id: 700182922
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Related Searches: Application Service Providers  >  E-Commerce and E-Tailers  >  Internet Service Providers  >  Web Design and Software Development  >  Other Technology - Internet Related  > 

Also See: Franchise Opportunities > Franchise Resales > Michigan Businesses For Sale > Michigan Franchises For Sale > Michigan Business Brokers



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