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Producing Oil Well For Sale
Location: United States -> Texas -> Dallas/Fort Worth -> Rising Star
Industry: Auto Related > Gas Station




Business Summary

For Sale is a 3 week old producing well that will last for 15-20 years. You will recieve your money back in less than 2 years. My loss is your gain, need the cash fast for a bad real estate investment and the checks in the mail they send won't help me. Oil is the one of the best investments you can get your hands on and I have taken all the risk for you, you just sit back and collect the checks. The well is in Rising Star, Texas and is currently producing 3-7 BOPD. Not a bad investment but it gets better. They are still working on the well to bring producting up. Other wells in this area produce 40-80 BOPD. In the next week are so they are putting the well under a vaccuum which will greatly increase production. I wish I could stay in this project for the long run but I need the cash fast.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $98,500
Cash Flow:   $40,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  2011
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Sale

About The Sale

Reason For Selling:  Need the cash for a bad real estate investment.

Photos

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Producing Oil Well For Sale Photo 1




Print Listing Id: 700164568
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Related Searches: Auto Dealers  >  Auto Parts Retail and Distribution  >  Auto Rental  >  Auto Repair  >  Car Wash  >  Gas Station  >  Other Auto Related  > 

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



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