Whether you're a chef eager to acquire a restaurant, a hairstylist aiming to buy a salon, or anything in between, our Quality of Earnings "Sniff Test" is your key to understanding whether your deal makes financial sense earlier in the process.
Typical Q of E services typically don't happen until after a Letter of Intent is signed. But with just a few pieces of information, we can answer some crucial questions like:
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Should I even make an offer?
How much should I offer?
Can this deal qualify for an SBA loan?
How much seller note could/should I ask for?
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Traditional QofE reports can cost between $5,000 to $35,000+ which is a steep price for small businesses before you are confident you want to buy. Our service, priced at under $1,000, provides a cost-effective option earlier in the process.
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Get your results in just two business days.
Our report includes revenue analysis, industry comparisons using IRS data, financing analysis including SBA eligibility, and a high-level valuation based on earnings and revenue multiples.
We provide a list of critical questions to ask sellers, empowering you to make informed decisions before making an offer.
Between Adam’s 10+ years of experience making SBA loans, Grace’s experience as a CPA building custom financial models for dozens of different industries, and the rest of our team’s experience helping thousands of customers - you can be sure you’re going to be taken care of!
The "Sniff Test" is a unique service in that it can happen much sooner than a traditional Q of E process. With minimal information, we can save you time, energy, and money by lowering your transaction's risk and increasing your confidence.
Understand if the business’s revenue is growing or shrinking and how it compares to industry norms.
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We benchmark the seller's financials against industry averages, highlighting any discrepancies.
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Assess whether the business supports SBA loan requirements and other financing options.
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Get an overview of the business's worth based on industry data from platforms like BizBuySell.
Armed with our report, approach sellers with confidence, asking the right questions to uncover any potential issues.
Mike McLean
Mike Buys a Business
Keith Daniels
President & CEO
Plan B Advantage, Inc.
Our experts will provide a comprehensive spreadsheet report, custom video recording summary, and several key insights including:
We'll give you insight into how the seller's numbers compare to industry averages and which categories look “off”
Our team will help you gauge if the asking price seem reasonable based on average industry multiples
Based on seller’s financials, asking price, and projections; we'll assess if we think the deal qualify for an SBA loan
After we complete our review, we'll provide a list of key questions to ask the seller
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We don't just offer numbers; we provide interpretations that make sense to non-financial experts.
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Understand future financial health with projected cash flow statements based on your inputs and industry standards.
Compare current and future expenses against industry benchmarks.
Gauge the overall financial viability of the business, including working capital needs, purchase price, and debt service coverage ratio.
All you need to do is complete the interest form below to connect with our team so we can briefly discuss your project and make sure this service is the right fit for you!
Save money today & in the future by having our team perform a QoE sniff test on any potential small business acquisition!
Completed reports are typically delivered within 2 business day of payment & after collection of necessary information
