Seller-financed acquisitions, explained as term sheets.
Plain-English checklists and templates for buying a small business with a seller note. Starting with managed IT providers, freight brokerages, and local retail.
What the free checklist covers
Two pages to run a listing through before you spend time on diligence.
- The seller and the reason for saleWhat to confirm before you ask for financials.
- The numbersTax returns, add-backs, and whether the cash flow covers the note.
- Revenue durabilityRecurring share, customer concentration, churn, and contract assignment.
- People and operationsWho stays, and what breaks if the owner leaves.
- The seller note terms to ask forAmount, rate, collateral, offset rights, earn-outs, and non-competes.
- Industry flags and walk-away signsSpecific checks for MSPs, freight brokerages, and licensed retail.
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Coming next: a spreadsheet for modeling seller notes, and diligence checklists by industry. List members hear first.