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Small Bank For Sale
Location: United States -> New York -> New York City
Industry: Business Services > Other Services




Business Summary

Small Bank for sale in New York-NY.

One of the best locations in NY with management in place. Greatest opportunity to enter banking in NY.

Bank is a national bank. One can do nationwide mortgage banking, credit cards, debit cards, processing, real estate business lending etc.

Stable management. National bank charter. For approx. $15M or take an equity position.

Full ownership or equity position.Management in place. Perfect opportunity to grow enter banking.

Best opportunity to buy a small bank in New York. Do not miss this opportunity.

Only principals need to contract.


Financials

Asking Price Range:  $10.0M - $20.0M
Gross Revenues:   $1,500,000
Cash Flow:   $300,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  1985
Number of Employees:  6 - 9
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  yes
Reason For Selling:  none

Photos

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




Print Listing Id: 700270598
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Also See: Franchise Opportunities > Franchise Resales > New York Businesses For Sale > New York Franchises For Sale > New York Business Brokers



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