The document provides a comprehensive guide for creating a business sale prospectus, organized into seven key sections. The first section, "Seller Bio," encourages sellers to present personal and professional background details akin to a LinkedIn profile, including education and past business experience. The "Executive Summary" section serves as an elevator pitch, offering a concise description of the business, including its nature, age, industry, business model, and founding details.
The "Highlights" section identifies the business's strengths and improvement opportunities, mapping out what makes the business appealing and potential areas for growth. Under "Operations," the document outlines the tasks required to sustain the business, including specifics of the workload, such as the volume of customer interactions and the estimated weekly time commitment.
For potential buyers to understand the customer base, the "Customers" section breaks down customer profiles, acquisition strategies, and retention efforts. The "Financials" section aims to present a clear picture of the financial health of the business, addressing trends in revenue or profit and explaining any financial anomalies.
Finally, "Seller Notes" allows the owner to discuss the business’s evolution and highlight crucial aspects of the sale. Each section serves a specific purpose in furnishing prospective buyers with detailed insights into the business operations, market potential, and financial standing.
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