Straight answers about verifying, listing, valuing, and closing. If the answer is not here, a person will give you one.
Eleven steps, autosave, and nothing visible until you publish.
What buyers see, what stays hidden, and when details release.
Where the range comes from, and what pricing high actually costs.
Access tiers, per-buyer release, and the activity log.
The twelve documents, and add-backs that survive diligence.
Earnouts, and choosing between buyers when the highest is not the best.
Planning the transition, and what not to promise.
Basics through preview, with the confidentiality decision explained.
Folder structure, access tiers, and releasing documents per buyer.
The 12 documents requested most, and how to prepare them early.
Revenue against profit, the four terms to pin down, and what a shorter earnout is worth.
What buyers actually compare, and why silence costs more than a low offer.
Compare certain money, not headlines, and weigh each offer by whether it will close.
What survives, what does not, and why one bad line taints the schedule.
Define it in hours, the three phases, and what not to promise.
Earnings before interest, tax, depreciation, and amortisation. The profit figure most multiples are applied to.
A cost in the accounts a new owner would not carry — an owner’s vehicle, a family salary, one-off legal fees. Added back to show what the business really earns. Each one needs a document behind it.
Reported profit plus agreed add-backs. Always shown alongside the reported figure, never instead of it.
Price divided by earnings. Lower is cheaper, but a cheap multiple almost always has a reason sitting in another number.
Our commitment is a reply within four hours on weekdays, and same day for anything about verification.
The vocabulary buyers, sellers and brokers use on a deal, in plain terms. Where a term is commonly used loosely, the definition says so.
A cost in the accounts a new owner would not carry — an owner’s vehicle, a family salary, one-off legal fees. Added back to show what the business really earns. Each one needs a document behind it.
Reported profit plus agreed add-backs. Always shown alongside the reported figure, never instead of it.
The share of revenue held by the largest customer. Above 25% you are buying a relationship; above 40% price the risk explicitly.
Earnings before interest, tax, depreciation, and amortisation. The profit figure most multiples are applied to.
Price divided by earnings. Lower is cheaper, but a cheap multiple almost always has a reason sitting in another number.
Revenue under contract that renews without being re-sold. Repeat custom is not the same thing, and buyers price the difference.
Seller discretionary earnings. EBITDA plus the owner’s salary and personal expenses run through the business. Common on smaller deals — never compare an SDE multiple against an EBITDA multiple without saying so.
What the seller has listed at. It filters who makes contact and caps every conversation that follows. Not a valuation.
A business of similar size and sector that has actually closed. Asking prices are not comparables; closed prices are.
How much the valuation range can be relied on, based on how complete and how verifiable the inputs were.
A benchmark from a sector multiple applied to reported earnings, then adjusted. Not an appraisal, not an offer, and only as good as the figures entered.
What the seller banks on the day, before any deferred element. The number that matters when comparing offers.
Part of the price paid later, contingent on performance after close. Measured on revenue is usually acceptable; measured on profit hands the buyer control of your payment.
A third-party agent holding funds until completion conditions are met. Revanu never holds your money.
A clause letting the buyer walk if funding falls through. Sellers read it as a chance the deal dies after weeks off the market.
The seller lends the buyer part of the price. The strongest available signal that the seller believes the numbers.
The seller’s committed time after close, defined in hours a week for a set number of weeks. Never agree to be simply available.
The adjustment after close when actual working capital is compared against the peg. Settles small diligence findings without moving the price.
The agreed level of working capital left in the business at close, with the calculation stated. Vague pegs cause more disputes than price does.
The day documents sign in sequence and escrow releases funds. Also called closing.
Everything that must be settled before completion — landlord consent, licence transfers, supplier assignments, staff transfer. Most failed deals fail here.
The buyer’s examination of the business after an offer is accepted. A sequence of requests, each one confirming the story or exposing the gap.
The period after an LOI when the seller stops taking offers. Typically 45 days. If it lapses without extension, the listing reopens.
Letter of intent. Non-binding on price, binding on process: it starts exclusivity, sets the diligence window, and usually places a deposit.
Non-disclosure agreement. On Revanu the financials are open, so the NDA covers what identifies the business — customers, suppliers, staff, contracts, and the fact of the sale.
A full statement or lender letter, dated within 90 days, in a name matching your ID. A screenshot of a balance is not proof of funds.
The buyer purchases the assets and goodwill rather than the company itself. The common structure on smaller deals.
Two brokerages on one listing, with one holding publish and pricing control. Introductions are recorded per buyer from first contact.
Transferring a contract or lease to the new owner with the other party’s consent. Assignment without consent is how deals break at the last moment.
An existing franchise unit sold with trading history, as opposed to a new territory sold by the brand.
The buyer purchases the company, inheriting its liabilities and history along with its contracts.