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If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

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Producing Oil Well For Sale

Location  Texas,United States
Asking Price Range  < $250K
Gross Revenues  $98500
Net Profit / Cash Flow  $40000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  2011
Number of Employees  1 - 3
Relocatable  No
Number of Employees  1 - 3
Real Estate  Leased
Reason for Sale  Need the cash for a bad real estate investment.
Description  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.
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