Faustus Inc
Trust, Fiduciary, and Custody Activities · Melville, NY
Faustus Inc is a business in Melville, New York, listed under trust, fiduciary, and custody activities, with 1 to 4 staff, as recorded in 2020 to 2021. From 2023 to 2026, similar businesses sold for about $410K to $1.3M.
Public record
- Industry
- Trust, Fiduciary, and Custody Activities (NAICS 523991, as reported by the business)
- Location
- Melville, New York
- Staff
- 1 to 4 people (as reported in 2020 to 2021)
- Local rank
- #17 of 27 businesses in Melville listed under other financial investment activities, by staff size (2020 to 2021)
- Registration
- Active (as of October 2026)
- Formed
- January 22, 2019
- As of
- 2020 to 2021. Details may have changed since then.
What businesses like this sell for
Businesses in Other Financial Investment Activities with 1 to 4 staff, bought 2023 to 2026. Based on 50 purchases.
Loans used to buy them
$350K to $1.1M
Middle loan about $620K
Estimated purchase prices
$410K to $1.3M
Middle price about $740K
How we estimate the price: the records show the loan behind each purchase, not the price. Buyers usually borrow about 85% of the price, so we divide the loan by 0.85. The ranges show the middle half of purchases. This is not a valuation of Faustus Inc.
Financials of businesses like this
Average revenue
$381K
a year
Average payroll
$115K
30% of revenue
Average staff
1.4
people
US averages for trust, fiduciary, and custody activities with fewer than 5 staff, 2022 (1,631 businesses). These are not Faustus Inc's own figures; its own revenue and profit are what a valuation needs.
Value Faustus Inc on Value Alpha
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Questions
- How much is a business listed under other financial investment activities worth in New York?
- From 2023 to 2026, businesses listed under other financial investment activities with 1 to 4 staff sold for about $410K to $1.3M, with a middle price of about $740K, based on 50 purchases. A business's own value depends on its revenue, profit and owner pay.
- How current is the information about Faustus Inc?
- The industry and staff numbers were reported by the business in 2020 to 2021 and may have changed since then.
- How can the owner of Faustus Inc get a valuation?
- Claim the business, upload one document that shows its name, and add revenue, profit and owner pay. The valuation can start while the document is reviewed.
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