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



Business Summary

Small State bank for Sale USA. For $1.8M.(One Million Eight Hundred Thousand Dollars )

One of the smallest bank for sale in USA. State charter bank. USA

Bank equity under $1M, Assets under $10M. Bank is break even. Grandfathered in capital. Perfect for expansion. Enter banking with the best way, rather than starting a new bank.

Absentee owners. Easy ownership transfer. Management in place.

Bank ready for expansion. Branches can be opened with additional equity. Small bank with lots of potential. Cheaper than starting a new bank ''De Nova''.

Principals only need to contact with proof of funds. Best opportunity to enter community banking.

Buyers needs to have clean background to get regulatory approval. Regulatory approval process takes more than 4 months.

Commercial small bank for sale- Small community bank for sale USA

Under $2M purchase price. Commercial State bank for sale USA

Financials
Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $300,000
Cash Flow:   $60,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business
Year Established:  1965
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned

About The Sale
Management Training and Support:  none- yes training will be provided to new owners
Reason For Selling:  selling- absentee owners

Photos

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Small State Bank For Sale Usa Photo 1 Small State Bank For Sale Usa Photo 2




Print Listing Id: 700260717
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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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