This document outlines the key components necessary for potential buyers to understand various aspects of a business for sale. The seller bio is a brief introduction intended to offer buyers insight into the seller’s background, including education and past business experience, akin to a LinkedIn profile or resume. The executive summary acts as an elevator pitch, presenting basic information about the business, such as its type, age, industry, business model, and location, without revealing specific identifiers.
The highlights section focuses on the business's strengths and opportunities, emphasizing what makes it an attractive investment and areas for potential improvement. A detailed operations section is included to describe the ongoing tasks required to maintain the business, specifying the volume of work needed, such as customer support interactions, and the estimated time commitment in hours per week.
In the customers section, there is an overview of the customer profile, segmentation, acquisition, and retention strategies, giving potential buyers a clear picture of the customer base they would be inheriting. The financials section examines the business's financial health, explaining any trends in revenue or profit, along with any anomalies such as seasonal variations.
Finally, the seller notes provide space for the business owner to discuss the business's evolution and highlight any critical elements related to the sale. This document is structured to offer a comprehensive look at the business, omitting any specific identifiable details to maintain confidentiality during the sales process.
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