This document serves as a comprehensive guide for potential buyers to understand the various facets of the business. It begins with the "Seller Bio," which offers insights into the seller's background, education, and business experience, akin to an introductory paragraph on a networking profile or resume. The "Executive Summary" acts as an elevator pitch, encapsulating essential details about the business such as its type, industry, age, business model, and founders, without revealing any identifying marks like company location.
In the "Highlights" section, the strengths and opportunities of the business are outlined, indicating what makes the business robust and where there is potential for growth and improvement. "Operations" provides a detailed breakdown of the tasks required to keep the business functioning, including specifics on task volume, like the number of customer support interactions, and the estimated weekly time commitment.
The "Customers" section delves into the business’s customer base, giving insights into customer profiles, how they are acquired, and retained. The "Financials" segment is dedicated to depicting the business's monetary health, with explanations for any observed revenue or profit trends, including seasonal influences or other financial anomalies.
Finally, "Seller Notes" offer the seller a space to narrate the business's evolution and highlight any crucial elements pertinent to the business's sale. This structured approach provides potential buyers with a holistic view of the business landscape while maintaining anonymity regarding specific business identifiers.
Flippa’s platform is free for buyers. Here are our tips for first-time buyers:
Before making an offer
1. Look for verified sellers. Sellers should verify their email, phone, and government ID. When a seller has completed all verifications, we identify them with a checkmark like this:
2. Review financials. Financials are seller-provided inputs. Always ask for verified financials. Ask for a tax return or request access to their dashboard. if it’s an ecommerce store get a transaction report.
3. Review traffic. Sellers can grant you access to Google Analytics. Ask for read-only access to verify site traffic.
4. Schedule a call. Communication is key. The best way to find out more is to speak directly with the seller. For your protection, keep all communication within Flippa.
5. Make the offer on Flippa. We’re here to help. Flippa does not charge buyers and by making an offer on Flippa you’ll get access to our post-sales support team.
1. Agreements & Contracts.
Connect with a US-based lawyer or purchase asset-specific template legal documents via Flippa Legal.
2. Conduct Due Diligence.
You can conduct this yourself, or use our new official verification and assessment service. We provide a deep analysis, identify hidden risks, and independently assess the value of the business. Packages start at $1,000. Learn More