Business For Sale & Franchise Search Engine  
   
My Account

Businesses For Sale > Business For Sale in Eastern Kansas, Kansas (KS)

Kansas Oil Production: 18 Leases - Investment Tax Benefits for sale in Eastern Kansas, KS

Eastern Kansas, Kansas (KS)

Asking Price: Gross: Cash Flow:
$ 2,500,000 $ 614,384 $ 457,370

Business Summary:
This prized collection of exclusive mineral right leases in Eastern Kansas provides immediate cash flow from steady oil production. The business includes the mineral rights of 18 properties totaling 1,992 acres of shallow sand and limestone oil fields.

Currently there are 200+ operating registered wells. Water flooding injections are an excellent option for increasing performance. Pumps, holding tanks, piping, and leasehold improvements are included in sales price. These lease agreements are easily assignable for transfer to buyer. The lease terms last indefinitely for a long-term opportunity. Conveniently located in neighboring locations, these are properties that rarely become available for others to acquire.

Unlike other businesses, this operation does not involve selling to customers, advertising expense, promotions, credit card processing, customer receivables, refunds, and trade shows. A 3rd party petroleum engineer recently estimated there’s over 400,000 barrels of proven, undeveloped reserves on this property. Production is averaging 35 barrels per day. Last year’s weather conditions slowed production, as wells were difficult to reach for monitoring. Seller has estimated sales and cash flow based on current market conditions. When the oil prices bounce up you can turn up production for additional income.

The operation can be managed remotely with a local maintenance manager to regularly service the equipment. The oil production continues 365 days per year. Amortizable capital investments for new drilling and production enhancements can be performed any time Buyer chooses. Check with your CPA for favorable tax advantages with this oil and gas investment.

For more information contact Ron at Apex: 913-815-6049.

 

   
Reason for selling: Other business interests  
   
Seller Reference Number: KS2821-RK
BusinessMart.com Listing Number: 251360
 

 

To request more information
on this business
please fill out the form shown right





Businesses For Sale by City & State
Arizona
Chandler
Flagstaff
Phoenix
Scottsdale
Tempe
Tucson
California
Long Beach
Los Angeles
Orange County
Sacramento
San Diego
San Francisco
San Jose
Santa Clarita
Colorado
Aspen
Boulder
Colorado Springs
Denver
Fort Collins
Connecticut
Hartford
    Florida
Boca Raton
Brevard County
Broward County
Fort Lauderdale
Fort Myers
Jacksonville
Miami
Ocala
Orlando
Palm Beach
Sarasota
Tallahassee
Tampa Bay
Georgia
Atlanta
Augusta
Savannah
Illinois
Chicago
Kansas
Massachusetts
Boston
Michigan
Detroit
Grand Rapids
Kalamazoo
Missouri
Kansas City
St. Louis
New Jersey
Central Jersey
North Jersey
South Jersey
    New York
Albany
Bronx
Brooklyn
Kings County
Long Island
Nassau County
New York City
Queens
Staten Island
Suffolk County
Westchester County
North Carolina
Charlotte
Greensboro
Outer Banks
Raleigh / Durham
Ohio
Cincinnati
Cleveland
Columbus
Pennsylvania
Philadelphia
Pittsburgh
Texas
Austin
Dallas
Fort Worth
Houston
San Antonio
Wyoming

Other
CANADA
UK
More Businesses For Sale
Businesses For Sale in Eastern Kansas Kansas
Franchises For Sale in Eastern Kansas Kansas
Kansas Oil Production: 18 Leases - Investment Tax Benefits For Sale in Eastern Kansas Kansas

Businesses For Sale by Category
Restaurants For Sale in Eastern Kansas Kansas
Car Washes For Sale in Eastern Kansas Kansas
Eastern Kansas Kansas Laundromats For Sale
Liquor Stores For Sale in Eastern Kansas Kansas
Eastern Kansas Kansas Gas Stations For Sale
Convenience Stores For Sale in Eastern Kansas Kansas
Internet Business For Sale in Eastern Kansas Kansas
Eastern Kansas Kansas Nightclubs & Bars For Sale
Automotive Businesses For Sale in Eastern Kansas Kansas
Eastern Kansas Kansas Routes For Sale
Eastern Kansas Kansas Pet Businesses For Sale
Wholesale & Distribution Businesses For Sale in Eastern Kansas Kansas
Manufacturing Businesses For Sale in Eastern Kansas Kansas
Marinas For Sale in Eastern Kansas Kansas

Buying a Business Resources
Buying a Business in Eastern Kansas Kansas
The Advantages of Buying An Existing Business in Eastern Kansas Kansas
Forget The Asking Price of A Business For Sale
Getting Into Business: Kansas Oil Production: 18 Leases - Investment Tax Benefits
How To Value A Kansas Oil Production: 18 Leases - Investment Tax Benefits

 

Printer Friendly or E-mail this Listing

For more info contact:

Doug Hubler

Apex Business Advisors
913-383-2671

CONTACT SELLER

Full name:*

E-Mail:*

Telephone:*

Message Text:*

Disclaimer:

We are committed to your privacy. By clicking the Check Availability button you agree the phone number you provided may be used to contact you (including autodialed or pre-recorded calls), even if you are on the DNC list. Consent is not a condition of purchase.

©2020 MH Sub I, LLC dba Internet Brands
Broker Membership | Terms Of Use | Financial Disclaimer | Privacy Policy | Cookie Policy | Resources | Franchise Opportunities | Website Traffic Ranking | Sitemap | Careers | Contact Us | Do Not Sell My Personal Information