Michigan: Absentee Run Oil Wells Business for Sale
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Financial Details
- Asking Price:
- $132,000
- Annual Revenue:
- $2,000,000
- Cash Flow / SDE:
- $135,000
- Valuation Multiple:
- 1.0x
- Location:
- Kalamazoo, MI, US
- Source:
- Date:
- July 30, 2025
Key Highlights
- Three oil wells for sale in Guadalupe County, TX.
- Projected to generate substantial revenue based on area production.
- Absentee ownership model allows for passive income.
Description
This listing advertises the sale of three oil wells located in Guadalupe County, TX. The wells are projected to generate substantial revenue based on the production of previous wells in the area. The business model allows for absentee ownership, presenting a passive income opportunity. Prospective buyers should conduct thorough due diligence to verify the potential returns and associated risks.
Industry Information
- Industry Description:
- Retail
- Classification:
- Manufacturing
Listing Details
- Listing ID:
- 01a93271-74c0-41c3-b62d-e2e9206c760f
- Deal Status:
- For Sale
- Date Posted:
- July 30, 2025
- Last Updated:
- July 30, 2025
- Currency:
- USD
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