The document outlines a structured guide for potential sellers to present their business to prospective buyers. It begins with a "Seller Bio" section, which serves as an introductory narrative akin to a LinkedIn profile, detailing the seller's educational background, past experiences, and any current or previously held business positions. Following this, the "Executive Summary" operates as a succinct elevator pitch, including essential details about the business such as its type, age, industry, business model, location, and founders.
The "Highlights" section is split into "Strengths" and "Opportunities," presenting the business’s advantages and areas for potential growth or improvement, thereby underscoring what makes the business an attractive investment. The "Operations" section provides a detailed description of the tasks required to maintain the business, including expected volume and estimated weekly time commitment.
Information about customers is captured in the "Customers" section, which includes customer profiling, acquisition strategies, and retention efforts, giving potential buyers insight into the existing customer base. The "Financials" section delves into the business’s financial health, clarifying any revenue or profit trends and discussing any anomalies such as seasonal impacts.
Lastly, the "Seller Notes" offer the business owner a platform to communicate the business’s evolution and any significant details pertinent to the business sale. Overall, this comprehensive format is designed to give potential buyers a thorough understanding of the business they might be acquiring.
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