Business For Sale

Owner Financing Offered for Purchase of Produci...

Tulsa, OK
Tulsa County


Asking Price: Annual Revenue:
$2,500,000 Not Disclosed

Services: Non-classifiable


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RE: Owner Financing Offered for Purchase of Produci... Broker: Greg Reynolds
Owner Financing is Available!

Quick Facts

Asking Price: $2,500,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $500,000
Real Estate: Not Disclosed
Year Established: 1985
Employees: 2
BBN Listing #: 632246151
Broker Reference #: TULSAOK001-N276

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Business Overview:

New Price and Deal Structure. Owner will finance the purchase of this established oil field for a qualified buyer. The mortgage payments will be paid for out of existing production revenue. Located just outside of Tulsa, this field was established in 1985. It is fully developed water flood field and is self contained with all product being piped to one processing facility. The sale includes the exclusive mineral rights to the field, 106 production and injection wells, all underground piping and utility infrastructure, two parcels of land, service shop, vehicles, equipment, logs, books, records and 2.5MMbbl of oil reserves. Plus the owner feels there are four additional areas that could be productive. Additional investment will be necessary to increase the production beyond the six currently active wells. The owner has information on how to implement this production enhancement. To learn more about the terms and conditions of the financing as well as the details of this opportunity, please contact Greg Reynolds, call or text: 918-704-5930, Email: greg.reynolds@sunbeltnetwork.com.

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Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • 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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