SELLERíS INFORMATION CHECKLIST

  • Background/History - provide a brief narrative history of the company and its business, ownership, competitors, industry, and markets (or a copy of Business Plan, if available)
     
  • Corporate tax returns and Financial Statements for the last three years including Balance Sheet and Profit and Loss Statements.
     
  • Interim Profit and Loss Statements for the most current period and same period last year and projected/budgeted amounts.
     
  • List of owner(s) salary and any other indirect and direct compensation to owners (travel and entertainment, cars, hospitalization/life insurance, etc.) for most current period and last three years.
     
  • Number of full-time and part-time employees, with pay rates and brief summary of key employees.
     
  • Lease agreement (if property is not owned) or most recent appraisal report (if property is owned) and photographs of the property (exterior).
     
  • Brochures or advertising material, Company catalog, newspaper articles, etc.
     
  • Copy of local yellow page listings of Company and all competitors in the area.
     
  • Objective in selling (e.g. retirement, liquidity, other business interests, etc.)
     
  • Tentative asking price for business (if formulated) and how this was determined (e.g. multiple of earnings, estimated fair market value of assets, rule of thumb calculation, etc.)
     
  • Website Address (if any)
     

Considering selling - The Process - Questions & Answers - Do's and Don't's - What buyers look for
 The meeting - Transferring ownership

[Home] [Buy] [Sell] [Valuation] [Profile] [Principals] [E-Mail]