No matter how good you think your business is, it will take hard facts to satisfy a buyer. List of assets with valuations. Copy of the Lease Agreement on the premises. Written background on the business. List of staff details, including names, salaries, service contracts, etc.
Management Accounts to date.
Financial Statements signed by an Accounting Officer for the past two year. Sound advice is critical Consult an Accountant with experience in business sales. Ask the Seller for monthly turnover figures for the past 12 months. Ask the Seller for a breakdown on monthly expenses. Ask the Seller for a list of assets with valuations.