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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