The document serves as a comprehensive guide for sellers to present their business to potential buyers. It begins with the Seller Bio, which provides a narrative similar to a LinkedIn profile or resume, including education, past experiences, and any current or previous business ownerships. This is followed by the Executive Summary, an elevator pitch that gives an overview of the business, describing its type, age, industry, business model, and other essential details such as company location and founders.
The Highlights section identifies the strengths and opportunities within the business, pinpointing what makes it successful and areas for potential improvement. It includes specific details under the headings of Strengths and Opportunities. The Operations section elaborates on what is necessary to keep the business running, specifying the workload in terms of task volume, such as the number of customer support emails or calls, along with the required time commitment per week.
Information about customers is detailed in the Customers section, providing insights into customer profiles and segmentation, acquisition strategies, and retention methods. Financials provide a clear explanation of the business’s revenue and profit trends, addressing any anomalies such as seasonal variations. Lastly, Seller Notes give the business owner a chance to outline the business's evolution and highlight other critical aspects that may be significant to the sale. This structured approach ensures potential buyers receive a thorough understanding of the business.
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