§ Pre-LOI verification
Fixed-fee financial verification for SMB acquirers. We reconcile the seller's P&L against bank statements, processor data, and accounting files — and tell you what's real. Delivered in 3–5 business days.
$2,500 fixed · 3–5 days · NDA from the first email
Verification Memo · Excerpt
DO-SAMPLE-01 · Recreational goods · TX
Line
Seller CIM
Bank-verified
Δ
Revenue (TTM)
$4,120,000
$3,867,400
−6.1%
Cost of goods sold
$1,648,000
$1,706,200
+3.5%
Gross profit
$2,472,000
$2,161,200
−12.6%
Owner add-backs
$312,000
$198,500
−36.4%
Adjusted EBITDA
$1,240,000
$1,061,900
−14.4%
Illustrative excerpt · composite of anonymized engagements
§ The problem
I.
Seller financials arrive as a founder-typed spreadsheet. Add-backs stack up. Revenue is whatever the broker says it is.
II.
Full Quality of Earnings costs $30–50K and takes 4–6 weeks — after your LOI, after exclusivity, after you're committed. Half of deals die there.
III.
Between “trust the CIM” and “spend $30K” there is currently nothing. That gap is our entire business.
§ How it works
Send us the CIM and financials under NDA — same day.
We collect source data: read-only bank feeds, Stripe/Shopify exports, QuickBooks or Xero backup.
We reconcile claimed revenue and EBITDA to what actually landed in the bank, and audit every add-back.
You get the Verification Memo plus a 30-minute walkthrough call: proceed, reprice, or walk.
§ Scope
Every engagement uses the same forensic checklist. We do not skip lines. We do not accept "trust me" for a single number.
§ Fixed fees
Snapshot
$2,500
3 business days
12-month revenue-to-bank reconciliation, processor check, top-5 add-back review, one-page red-flag memo.
Full Pre-LOI Verification
Most common$6,500
5 business days
24–36 month reconciliation, complete add-back audit, concentration & payroll checks, full memo, 30-min call.
Serial Acquirer
from $1,500/mo
Priority queue
Discounted Snapshots, 48-hour quick-kill reviews, priority turnaround. Annual commitment.
§ Plainly
We are not a QoE provider, and this memo is not audit-grade assurance. It is a fast, forensic screen designed to kill bad deals before you spend real money — and to give your lender and QoE team a running start on good ones.
We take no success fees, no commissions from brokers, and no buy-side mandates. We are paid only by you, only in fixed fees. Our only incentive is being right.
If it's not a fit for verification, we'll tell you in one email — free.