The BizBuySell Small Business Community

  • Get Expert Advice

  •  • Find Local Service Professionals

  •  • Share Your Experiences

What financial documentation do I need to sell my business?

I want to get prepared for a potential sale. What are the most important documents that I'll need to put together? Thanks.

No User Photo

Answer This Question

max 5000 characters

Web Reference (optional)

e.g., ""

Review Community Guidelines

Help keep our Community clean and on topic. The BizBuySell Community is a place where you can discuss your questions, concerns and knowledge with others you can trust. It is not OK to use this forum to solicit others for personal or financial gain, or to rant about personal issues. It's all in the guidelines.

Submit Your Answer
Answers (1)
No User Photo
VR Business Brokers/Vanguard Resource Gr
Premium Broker

Typically buyers will want to see the last three years of income statements, tax returns, and balance sheets. Plus, depending on the time of year, a year to date income statement and balance sheet. Other things to consider would be revenue by year and by customer, if customer concentration might be considered an issue.

Also, make sure you have a copy of any leases that the buyer will be assuming, any employment contracts, or other agreements such as distribution agreements, etc.

Put yourself in the buyers shoes. What would you want to see?

Mar 20, 2009

Start a Discussion