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“Extremely profitable Midwest based practice serving the compliance needs of Community Banking and Finance businesses. The Company has a created a very strong brand within the Commercial Banking and Financial Service industry serving clients who have come to depend on the company year after year to help them prepare for and get through periodic FDIC audits. Services include on-site compliance consulting, virtual consulting, subscription based best practices information, testing and training. Today the staff includes eighteen credentialed veterans of the banking industry, many with highly sought after specializations that allow them to provide a comprehensive solution to any client’s challenging compliance needs.

Customers remain extremely well diversified with the top customer representing about 5% of revenue and the top 10 clients representing about 35% of total revenues. In total, the company serves about 300 banks nationally and demand is growing as the Banking and Finance regulations become more complex.”

Asking Price
$1
Gross Revenue
$4,000,000
Cash Flow
$1,600,000
Is this a franchise?
No
Number of Employees
18
Year Established
1991
Reason for Selling
The founder/owner transitioned the role of president and day to day management responsibilities to the current president in 2009. He has made the decision to complete his retirement through a sale of the business.
Management Support
A strong management team is in place and eagerly awaiting the opportunity to partner with the right firm to grow the practice to new levels of success.
Name
Eric Dunn