Profitable Commercial Bank With Mutiple Branches
Location United States
Asking Price Range $20.0M - $35.0M
Gross Revenues $7000000
Net Profit / Cash Flow $7500000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2001
Number of Employees 6 - 9
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Owned
Training Will be provided.
Reason for Sale None.
Description Profitable commercial bank for sale with multiple branches and proven management with consistent results. One of the best performing bank in its peer group. Great opportunity for private equity investors, spac and funds to enter banking and hav roi. Bank has one of the best ROE. ROA and efficiency ratio. Approx. Purchase price is $33 m.
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