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Profitable Bank For Sale
Location: United States -> California -> Southern California - All Southern California
Industry: Business Services > Financial




Business Summary

Small profitable bank for sale in southern California.

One of the best deal in USA. Profitable and low multiple to book. Profitable and management in place.

Books are clean and no bad loans. Bank is in expansion mode.

Profitable bank with management in place. Purchase price will be around $15M- $17M.

Enter mortgage banking in explosive California real estate market. One of the hottest real estate market in California.

Profitable bank in California. One of the best deal to enter community banking in CA.

Great opportunity to enter community banking sector in USA and where better than California.


Financials

Asking Price Range:  $10.0M - $20.0M
Gross Revenues:   $950,000
Cash Flow:   $500,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  1980
Number of Employees:  4 - 5
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Owned

About The Sale

Management Training and Support:  Yes

Photos

View Larger Photo(s) Of Business
Profitable Bank For Sale Photo 1 Profitable Bank For Sale Photo 2 Profitable Bank For Sale Photo 3




Print Listing Id: 700259579
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Also See: Franchise Opportunities > Franchise Resales > California Businesses For Sale > California Franchises For Sale > California Business Brokers



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