Description of the business for sale
Wall Street Bankers LTD (Pseudonym) is a growing national investment banking firm. Clients are public firms, private firms, and emerging growth companies coast to coast. Services offered include Merger & Acquisitions, Financing, Going Public Transactions, and Various Consulting and Advisory Services. The company also has a bridge fund. Payment for services rendered comes from retainers and success fees in cash and client stock. Referrals come from large investment banks, CPA`s, Attorneys, industry Professionals, Advisors, and finders coast to coast.
The Partners want to bring in a new CEO Owner Partner that will help grow the company to the next level. The ideal partner candidate will be an experienced Investment banker with excellent referral sources, have a liquid net worth of $2 million or more, be a great leader, be great at operations, be ambitious, and have five years or more of progressive experience in investment banking. If the individual has series 7 and series 24 licenses, great, though personnel in place at the firm has those required licenses. The firm does have the coveted Broker Dearer Financial Industry Regulatory Authority license in place.
For 2007 the company has preliminary just released draft FYE revenue from fee income and public company share grants for services as of 12-31-2007 of over $750,000 and is in a growth mode. Company is selling for $1 .8 million for 100% ownership, though owners will prefer a phased stock purchase agreement from a b
Description of the facilities
2,500 sq. ft.
Rent = $5000/month