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Small Profitable Bank For Sale
Location: United States
Industry: Business Services > Financial




Business Summary

Small profitable bank for sale $2.4M. One of the smallest bank in USA. Small Community Bank for Sale in the USA and profitable.

Clean small profitable bank for sale. One of the most profitable bank in its peer group. Equity around $1.9M with sale price around $2.4M. For a premium of $500K, to equity. On of the cheapest deal possible.

Management in place. Great value, with very small premium to book. Bank can issue credit cards, pre-paid debit card. Best platform to enter community banking in the USA.

One of the best opportunity to enter banking in usa. Highly profitable bank for sale. Only $400K premium over the book value. One of the cheapest banks to buy. Best opportunity in the country.

Exceptional opportunity to enter banking in one of the most profitable bank in its peer group. Small Banks millions cheaper than starting a new bank. Under $2.5M sale price. Small bank for sale in the USA.


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $500,000
Cash Flow:   $120,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  1959
Number of Employees:  4 - 5
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Owned

About The Sale

Management Training and Support:  Will be provided. Management will to stay for 3-4 years.
Reason For Selling:  owners getting retired

Photos

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Small Profitable Bank For Sale Photo 1 Small Profitable Bank For Sale Photo 2 Small Profitable Bank For Sale Photo 3




Print Listing Id: 700213253
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Also See: Franchise Opportunities > Franchise Resales

Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Commercial Property For Sale > Commercial Property For Lease



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