This document provides a comprehensive guide for potential buyers to evaluate a business. The seller's bio resembles the introductory summary of a professional resume or LinkedIn profile, highlighting educational background, previous experiences, and any historically or currently managed enterprises. The executive summary serves as a succinct overview, describing the nature, age, industry, operational model, location, and founding details of the business. The highlights section outlines the business's strengths and potential opportunities, emphasizing areas that make it appealing and those that might need improvement. The operations section offers a detailed description of the tasks required to maintain business continuity, specifying the volume of activities like email correspondence or customer support calls, alongside an estimated weekly time commitment. Information about the customer base is provided, detailing customer profiles, acquisition strategies, and retention plans, enabling potential buyers to understand the nature of their prospective clientele. The financials section delineates the business's financial performance, addressing any trends in revenue or profit, and highlighting any unusual occurrences in profit and loss statements, such as seasonal fluctuations. Lastly, in the seller notes section, the business owner has the opportunity to comment on the business's development over time and any other significant aspects relevant to the business sale. This structured approach equips investors with essential knowledge to make informed acquisition decisions.
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 trusted network of industry-leading due diligence partners. They can provide in-depth analysis, identify hidden risks, and independently assess the value of the business. Learn More