Own Oil Wells / Absentee Run $10K-$50K+ MO.

Spokane, WA
Spokane County


Asking Price: Annual Revenue:
$182,400 $3,500,000

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RE: Own Oil Wells / Absentee Run $10K-$50K+ MO. Broker: Bob

Quick Facts

Asking Price: $182,400
Annual Revenue: $3,500,000
Net Profit: $125,000
Cash Flow: $125,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1986
Employees: 2
BBN Listing #: 626550024
Broker Reference #: 08

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Business Overview:

Great ABSENTEE RUN business, in fact the only TRUE Absentee run business you'll find. Keep your day job and own 10% of 3 oil wells to be drilled in Creek County ,Oklahoma on a property that has already produced MILLIONS of barrels of oil . The wells are 100% managed for you by an extremely well respected company with 35+ years of experience . The company just drilled 2 wells right nearby and both are absolute HOME RUNS that will produce very significant amounts of oil for possibly 20-40+ YEARS . The partners in that project will get very nice monthly checks for MANY, MANY years and as oil prices go back to $60+ the amount of the checks will double to anywhere from $10k-$50k+ A MONTH .
The expectations are these 3 wells will be very similar to the just drilled 2 wells , if so the monthly checks will be larger since you are getting ownership in 3 wells vs 2. Only 10 spots available at a price of $182,400 with just $121,600 down and the rest when the wells are ready to be completed and start producing oil . This is BY FAR the best small business opportunity available and was even before the COVID virus . While 95% of other small businesses are struggling to stay alive or already closed, this ABSENTEE RUN OIL WELL OWNERSHIP business keeps humming right along. NO weekly payroll, NO rent, NO inventory, NO advertising … AND YOU CAN KEEP YOUR JOB.
Call forall the details, when we have the all clear to travel / gather the partners as always are welcome to go to Oklahoma to meet with the company and watch the wells be drilled . Everyone LOVES IT. Bob 201-233-9652

*** This is not an offer to buy or sell securities

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Property Features and Assets:

Wells are located in Oklahoma.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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