We carefully review the available Profit and Loss statements along with various other details provided by each seller amongst our internal office staff and with the seller directly. After clarifying any questions and finalizing all of the data based on our experience in this industry and through a series of discussions with the seller, we present what we believe to be a fair representation of the company’s activities.
The P&L’s are generally provided as Cash Basis, EBITDA and Net Owner’s Compensation. The financials are not audited nor guaranteed. The buyer is responsible for performing his/her own due diligence to verify all of the information to his/her satisfaction prior to signing a Purchase Agreement.