Buy a business for sale or sell a business for free. Find businesses for sale, franchises, business brokers & commercial loans.

Advanced Search  |   Listings By Email  |   Message Boards  |   Professionals Directory  |   Loans & Financing  |   Business & Mortgage Notes  |   Buyer Resources

Taco Johns Franchise Opportunity

Planet Smoothie Franchise Opportunity

Consultant Franchise Opportunity

Business For Sale Search Results

New Search

Get Free Information on all of the Top Franchises

Ask questions in our Entrepreneur Forums

Get a Business Loan

Own A Piece Of The Oil Industry
Location: United States
Industry: Franchises > Other Franchises




Business Summary

For sale is fractional ownership in 2 oil wells. 28.89% of one and 16.67% of a second.

The biggest risk when investing in oil and natural gas is possibility that you will invest and then hit nothing but a dry well. It can also take months for a well to be drilled once you have put up your investment, so there can be long wait times till your investment produces any returns. So high risk but also very high reward.

Here I have one well that is already drilled and producing and one well that is ready to be drilled in the next 3 to 4 weeks! I have taken the upfront risk and I am passing the opportunity on to you!

The first well is currently being re-worked to a new zone for production, (wells will typically produce in multiple zones over the life of the well) but the well is drilled and there is oil to be produced. The well is projected to produce for the next 5 years and projected to yield $21,000.00 a month in revenue. (for this fraction of ownership, Projections based on $35 a barrel oil prices)

The second well will start drilling in the next few weeks and is projected to produce $13,000.00 a month (for this fraction of the ownership) in revenue in oil and natural gas and is projected to produce for the next 7 years. (Projections based on $35 a barrel oil prices)

That's a total of $34,000.00 a month in projected revenue! More if the price of oil rises over the ownership of the wells.

The fractional ownership of the wells is being offered at $550,000.00 for both wells. That is potentially 400% return on your investment over a 5 year period.

The wells are located in proven oil producing fields.

Production could be more or less that the actual projections but the numbers listed here are the lowest projected production numbers with the highest level of confidence in that level of production.

This is a passive ownership business, so you can live anywhere and own parts of these wells. Someone else manages the business.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $400,000
Cash Flow:   $400,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  2016
Number of Employees:  1 - 3
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Owned

About The Sale

Management Training and Support:  None required
Reason For Selling:  Liquidating some investments to start a new venture




Print Listing Id: 700277070
Can't Find Your Dream Business? Get Free Franchise Information on all the top franchises, Post a Free Wanted Ad on our Message Boards, Get New Listings sent to you, or try our Advanced Search.

Don't forget to Sign up for our Newsletter and get free tips on how to buy or sell a business from the leading industry experts!

Advertise Your Business For Sale   Free Listing!


Related Searches: Food and Beverages  >  Retail  >  Service  >  Other Franchises  > 

Also See: Franchise Opportunities > Franchise Resales

Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Commercial Property For Sale > Commercial Property For Lease



CAN'T FIND A BUSINESS?
Click here to post a free "business wanted" message to the Message Boards.

Click here to get new business for sale listings emailed to you automatically.

Contact the Seller
* All fields are required
Re: GlobalBX ID: 700277070
Your Role
Buyer Type
Experience Level

Yes! I want my FREE e-book and newsletter.
Do Not Send Spam
GlobalBX does not tolerate unsolicited commercial email or "spam". If you are not a potential buyer of this business, do not use this form.