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Businesses For Sale   >>   Retail Businesses For Sale

Own Oil Wells / Absentee $5k - $20k+ Mo

Location  Connecticut,United States
Asking Price Range  < $250K
Gross Revenues  $1000000
Net Profit / Cash Flow  $100000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  1991
Number of Employees  20 - 34
Relocatable  No
Number of Employees  20 - 34
Real Estate  Leased

Description  
Opportunity to own a piece of oil wells in Texas. The area is absolutely BOOMING ! Why pay $250k+ now for a small business that statistics show has a better than 70% chance of failing within 5 years ! This opportunity is with a Texas based company that has drilled and operates 100's of wells thru out Texas, Oklahoma, La. , New Mexico and other states. With as little as $35k you can own a piece of 2 wells being drilled in Coleman County Texas, the co. expects EACH well to produce 100-300 barrels per day ( BPD) ! A total of just 100 bpd from both wells combined makes you approximately $10k a month based on a $90 oil price. Company has a TREMENDOUS track record of success these wells expected to produce for 30+ years. Call 201-233-9652 for more info. * this is not an offer to buy or sell securities * Co. or anyone associated is not a broker dealer


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