Profitable Bank For Sale

Listing ID: 700259579

Listing Title: Profitable Bank For Sale

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Industry: Business Services

Industry Segment: Financial

Country: United States

State / Province: California

Area Southern California - All Southern California


Asking Price Range: $10.0M - $20.0M

Gross Revenues: $950,000

Cash Flow: $500,000

Cash Flow Type: Sellers Discretionary Cash

Year Established: 1980

Number of Employees: 4 - 5

Business Description:
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.

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