North Central Kansas — 27 Oil Leases In Arbuckle Zone – 4,300 Acres KS2828-RK: Asking $2,500,000

A prized collection of exclusive mineral right leases just north of Hays, Kansas provides immediate cash flow from steady oil production. This opportunity includes the mineral rights for 27 properties totaling 4,305 acres. These wells are in the Arbuckle formation, which is the deepest layer of rock underlying much of Kansas that is rich with oil. Average depth is approximately 3,500 feet.

Located in Rooks and Ellis Counties, 2018 oil production was 14,854 barrels, with total revenues of $862,294.

There are 41 registered oil wells, plus 8 SWD wells on the properties, which were drilled as early as 1960, and as recently as 2015. Pumps, holding tanks, structures, and piping are all included in sales price.

Only one well has been drilled on most of these leases, leaving a large inventory of reserves and additional drilling potential. Currently, a few wells are needing minor repairs. Seller estimates that with simple repairs the production will increase substantially.

The lease agreements are easily assignable for transfer to buyer. Lease terms last indefinitely for a long-term opportunity.

Market price of crude oil is the primary non-controllable factor. The operation can be managed remotely with a local pumper to regularly service the equipment. The oil production continues 24 hours a day, 365 days per year. Amortizable capital investments for new drilling and production enhancements can be performed any time Buyer chooses.

Seller is very motivated and will consider reasonable offers!

Iron Works Company KS2822-MF: Asking $1,249,000

This business is such a success that they have not suffered during the pandemic. In fact, revenue and profits are up for this year! They have several months of install backlog, their requests for quotes is holding steady and their closing rate is close to 100%.

For several decades, this company has been at the forefront of crafted iron works creating works of art for customers seeking the best. They have over 50 stock designs and can custom design for any project. Repeat customers, builders, and commercial accounts continue to create profitable revenues and cash flow for an enduring, rock solid business platform. Owner will train and pass on the industry knowledge and relationships to ensure a smooth transition.

Southeast Minnesota Grain & Feed Business KS2772-JL: Asking $775,000

This 100+ year old Grain Business produces proprietary feed blends and services to the southern Minnesota and northern Iowa communities. This facility has been totally updated with state of the art equipment within the last two years. Grain storage is available with Grain Bank. Ownership ready to retire.

Real Estate is available to purchase at $3,600,000.