Equity Position In Small Profitable National Bank

www.GlobalBX.com

Listing ID: 700213252

Listing Title: Equity Position In Small Profitable National Bank

Quick Link: http://www.globalbx.com/listing.asp?bId=213252

Industry: Business Services

Industry Segment: Financial

Country: United States

State / Province:

Area

City:

Asking Price Range: $500K - $1.0M

Gross Revenues: $1,500,000

Cash Flow: $500,000

Cash Flow Type: Sellers Discretionary Cash

Year Established: 1962

Number of Employees: 10 - 19

Business Description:
Equity Position in Small National Bank. High profitable with around $100M in assets and $9M in equity. Net profit $500K. No Bad loans. Excellent management. Equity position of 10% available. One does not need to apply for change of control, for ownership interest of less than 10% in bank or bank holding. Transaction can commensurate immediately.



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