Asking price and a list of what is included or priced separately.
Last updated: August 2026
Your first business review checklist.
Use this checklist before entering a business opportunity in Indevest. It helps you separate what the seller provided, what you changed, what the purchase may require, and what still needs verification.
1. Request the minimum seller information
Three years of tax returns and profit-and-loss statements, plus the current year-to-date results.
Bank, payroll, merchant, rent, debt, and major customer or supplier records that can support the reported figures.
A written list of seller add-backs, owner compensation, related-party expenses, and one-time items.
Lease terms, licenses, contracts, employees, inventory, equipment condition, and known repair needs.
2. Label sources and buyer adjustments
Mark each figure as seller historical, buyer normalized, buyer projected, or not yet known.
Record evidence for every add-back instead of accepting a verbal explanation.
Add a realistic owner replacement or manager cost when the buyer will not perform the seller's work.
Document recurring expenses, deferred maintenance, insurance, rent, payroll, software, and other costs that may be missing or understated.
3. Add financing and the complete cash requirement
Record the entered cash contribution, interest rate, amortization term, and expected debt payment.
List separately priced real estate, inventory, equipment, immediate repairs, closing costs, and opening working capital.
Leave unknown amounts marked unknown; do not present a partial cash total as complete.
Confirm lender terms and available cash with qualified professionals before relying on the screen.
4. Set the requirements that matter to you
Minimum monthly after-estimated-tax cash flow for your income and cushion.
Required DSCR for loan coverage.
Minimum Operating Earnings Yield and any comparison-investment yield you choose to use.
The review margin that may identify a nearby miss without changing the exact result.
5. Read the result and plan the follow-up
Record which targets were met or missed and which results need more information.
List each missing fact, the record needed to verify it, and who will follow up.