Send me a listing and you’ll know whether it’s worth your time and what I’d want answered before you go further. I ran a consumer brand for ten years and sold it last year. I’ve read a lot of these. They leave out the same things.
Easiest way to judge this is to watch me do it.
Same process either way.
A public listing link for a fast read. The CIM and the financials for the full one.
I look at what you sent. If there’s enough to work with, I send a link to pay. The clock starts when payment clears.
Where the revenue actually comes from and what the margins are covering. Then whether the business still runs once the seller is gone.
Pursue or pass, and why. Plus the questions I’d send the broker before you do anything else.
Depends how far into the deal you are.
Before you spend a week on something.
Everything I’d want to know before I put money in.
Ongoing reads while you’ve got deals moving.
Raising instead of buying? Same $2,500 read, pointed at your deck and your numbers. Investors press on the same things buyers do.
Searchers, independent sponsors, and first-time buyers going after a consumer or e-commerce business.
If a deal is clearly not worth your time, I’ll tell you that in the first read and save you the diligence.
This is my read on a business. It isn’t investment or legal advice, and I’m not acting as your broker. I’ll tell you what I see and what I’d ask for next. Decision’s yours.
Send the listing and tell me which read you want. I’ll come back with a start date.