Everything you need, at every stage.
The playbook, templates, and checklists our team walks you through by phone and email at every stage of your acquisition, organized here so you can come back to any of it, anytime.
Welcome and Homework
Covered on your Initial Guided by Acquire Seller Success Call. Goal: get you committed to the program and ready to connect with your advisor.
Action itemsComplete before your next call
- Upload your P&L, trailing 12 months at minimum, trailing 36 months if feasible, broken out monthly
- Upload a Transition Steps Guide, a one page overview of your tech stack, under Documents and Files on your listing
- Record a brief 5 minute introduction video: who you are, your ideal customer, the problem you solve, your unique value, and the growth opportunity ahead
- Complete your Seller Listing, including metrics where feasible
- Review and sign the Guided by Acquire Engagement Agreement
ScriptWhat to cover in your founder intro video
Buyers do not want a pitch deck, they want you. Your story, your product, why you built it, why you are selling, how it makes money, and whether buying it will be a headache or a win. This is your chance to answer the questions buyers always ask on the first call, before they even schedule it. Done right, it gets serious buyers interested and filters out the rest.
ChecklistReadiness checkpoint, before you list
- Trailing twelve month revenue and profit are flat or growing
- Core operations are documented, and the business could run for two weeks without you
- Revenue is not dependent on one customer, one channel, or one platform
- You can explain the model and its growth levers in two minutes
- Your books are current and reconcile to your bank and payment processor
The best time to sell is when the business is healthy, not when you are burned out and it is sliding. Buyers pay for momentum and predictability.
Start with the free SaaS valuation tool. Guided by Acquire founders also get an advisor who reviews and recasts the financials before the listing goes live.
First call prepQuestions your advisor will ask
Write down your own answers before the call. This is also exactly what buyers will ask once you are live.
Mindset resetTen seller myths to leave behind
| Myth | Reality |
|---|---|
| Growth alone sets my valuation | Profitability and retention matter just as much, often more |
| Price high and let buyers negotiate down | Overpricing kills serious buyer interest fast |
| The highest bid always wins | Sellers often choose the buyer they trust, not just the top number |
| I can organize my financials later | Unprepared sellers lose leverage the moment diligence starts |
| AI makes my SaaS less valuable | A clear AI narrative, using it or defensible against it, strengthens offers |
| My business is too small for real buyers | The under $150K tier has some of the deepest buyer demand on the platform |
| A revenue multiple is always the right lens | Most buyers focus on profit multiples. Revenue multiples need real growth |
| I need a broker to get a good outcome | Direct buyer access with guided support gets you there without broker markup |
| Selling takes a year or more | A well-prepared listing is commonly under LOI within 60 days |
| Buyers will accept that I am founder-dependent | Founder dependence gets discounted. Documentation turns that risk into value |
Essential documents buyers will ask for
- Financial Recast, to identify SDE and EBITDA
- CIM, required for listings seeking over one million dollars
- Data Room Framework, not needed until you are ready to accept an LOI
Fee comparisonSelf-Guided Listing vs. Guided by Acquire
| Self-Guided Listing | Guided by Acquire | |
|---|---|---|
| Best for | Any online business, especially experienced sellers | Profitable SaaS and agency startups with $100K+ TTM revenue |
| Closing fee | 8% under $250K, 7% to $1M, 6% over $1M | 6%, paid only if you are acquired |
| Listing fee | $25, $50, or $100 per month | No upfront fees |
| Support | Customer success manager, listing help, ad campaigns | Dedicated in-house M&A advisor from prep to close |
| Marketing | 500K+ buyers, general newsletter | Targeted newsletter and direct buyer matchmaking |
| Escrow | Free | Free |
Founders who sell with advisor help see up to 400 percent more buyer interest.
FrameworkWhich path is right for you?
Self-serve marketplace, Guided by Acquire, and a traditional broker sit on a spectrum from self-serve to full-service. Most founders assume they want the hands-off broker experience, until they see what that actually costs in fee and time.
Traditional broker
Consider it if you want zero involvement, your business is $5M+ with verified financials, your timeline is flexible, and you are comfortable paying 10 to 15 percent for full white-glove service.
Guided by Acquire
Best fit if you want real buyer reach and advisor support together, this is your first exit, and you want a structured process with a success-only fee.
Self-serve marketplace
Consider it if you have sold before, your deal is simple and clean, and you want maximum exposure at the lowest possible fee without advisor support.
Pricing and Valuation
Pricing correctly is one of the main factors in achieving a healthy exit. This is the material we walk through live, now available to revisit anytime.
Pick the right earnings metric first
| Metric | Best for | What it measures |
|---|---|---|
| SDE | Founder-run businesses | Net profit plus one owner salary, plus documented one-time or non-operating costs |
| EBITDA | Businesses with a management team | Earnings before interest, taxes, depreciation, and amortization |
| ARR / revenue | High-growth SaaS | Recurring revenue, weighted by growth, churn, and margins |
Every add-back must be real, documented, and easy to explain. One weak add-back makes a buyer question all of them.
Quick valuation guide, by category
| Category | Profit multiple | Revenue multiple |
|---|---|---|
| SaaS | 3 to 5x | 1 to 3x |
| Ecommerce | 2 to 4x | 1 to 2x |
| Marketplace | 2 to 3x | 1 to 2x |
| Agency | 2 to 3x | 1 to 2x |
SaaS profit and revenue multiple, by revenue tier
| Tier | Under $100k | $100k to $1M | $1M plus |
|---|---|---|---|
| Profit multiple | 2 to 9x | 3 to 7x | 4 to 8x |
| Revenue multiple | under $100k | 1 to 4x | 1 to 3x |
The multiple range narrows as profit and revenue increase, because larger, more predictable businesses carry less risk for the buyer.
Finding the pricing sweet spot
Fair market value is the pivot point for buyer interest. Set a target, a stretch, and a walk-away price, and keep your asking price inside a range the market will recognize.
| Asking price vs. fair market value | Serious buyer interest |
|---|---|
| +10% | 2% |
| +5% | 30% |
| Fair market value | 60% |
| -5% | 80% |
| -10% | 92% |
Connect your revenue and analytics tools so verified metrics sync to your listing. Guided founders also get a private data room and help gathering everything diligence will require.
What justifies a higher multiple
Why getting the price right matters
- Increases your buyer pool
- Maximizes the cash component of your deal
- Helps you sell faster
- Increases the chance of actually being acquired
- Leads to the smoothest terms with the fewest closing conditions
WHAT PUSHES YOUR MULTIPLE UP
- High profit margin and steady growth
- Net revenue retention above 90 percent, low churn
- Multiple years in business, large addressable market
- Diversified customers and channels
- Documented operations, owner works a few hours a week
- A clear AI narrative
- Clean, reconciled financials
WHAT PULLS IT DOWN
- Thin margins, flat or declining revenue
- High churn or unpredictable renewals
- Short track record, narrow market
- One customer or one traffic source dominates
- The founder is the business
- No answer when buyers ask about AI
- Mixed personal and business expenses
"Profitability is king. The name of the game is capital efficiency and profitability." "Price your startup at fair market value so you can close the gap between a buyer's expectations and yours." "If you price too high, you never have the chance of having the conversation." "A buyer is a potential buyer until they are not." "If you have one buyer, you have no buyers."
Pre-Launch Audit
Covered on Founder Call #2. Goal: align expectations before your listing goes live.
ChecklistFinal audit of your listing
- Documents and files are uploaded
- Metrics are connected
- Financials are up to date
- Pricing and reasoning are fair, per the valuation guide above
Launch
Your listing goes live on the marketplace, in the general newsletter, and in a targeted email blast to relevant buyers.
How your listing gets seen
| Channel | Reach | Timing |
|---|---|---|
| Marketplace listing | 500k+ buyers, NDA-gated details | Day one |
| Guided by Acquire newsletter | 50,000 to 80,000+ targeted buyers | Within the queue |
| General newsletter | 450,000+ marketplace buyers | Within 7 to 14 days |
| Strategic buyer outreach | Companies with $25M+ in revenue or capital | Guided by Acquire only, during exclusivity |
Know who is buying
| Deal size | Typical buyers |
|---|---|
| Under $1M | High-net-worth individuals, entrepreneurs, corporate intrapreneurs |
| $1M to $5M | Investment groups, experienced operators |
| $5M and up | Private equity firms, family offices, public companies |
What to expect and do once you are live
- Respond to every buyer inquiry
- Qualify buyers as they come in
- Include a meeting link in every message
- Let buyers know you are entertaining all offers
- Prepare a deal schedule
- Record and share a basic product demo
- Create and share a data room
- Create and share a Living Q&A
Avg acquisition timeline
Prep
- P&L statement
- CIM preparation
- Founder video
- Pre-approved financing, if applicable
Launch / market
- Launch on the marketplace
- Get buyers ready
Negotiation
- Answer buyer questions
- Field diligence requests
- Share the acquisition timeline
- Field LOIs, evaluate offers
Close
- Select the best offer
- Accept LOI, begin due diligence
- Accept the APA — this is what triggers escrow and asset transfer
- Acquire'd!
Time kills deals, so momentum from here forward matters more than perfect timing. Escrow does not open before the APA is signed, and no assets move before escrow is funded.
Buyer Engagement and Momentum
Selling your startup functions like high ticket B2B sales. It requires outreach, follow-up, objection handling, and closing technique. Acquire.com brings the buyers. This is how you turn interest into a signed deal.
What buyers are actually asking themselves
TriageWork your inbox in this order
Questions in first conversations
- What does your process look like, and what is your timeline?
- How will you fund it, and is that funding secured?
- Will you operate the business, and with what experience?
- What is your typical deal structure?
Follow-ups that lead to an offer
- What else do you need to make an offer?
- Which boxes need checking for you to feel strong about it?
- When do you plan on submitting an offer?
Follow-up philosophy
Buyers are busy. Persistence beats perfect timing. Follow-ups should be regular, roughly every three to four days, value driven, and short and clear.
Handling early interest
- Respond fast
- Offer the next step directly, for example "Want to schedule a call?"
- Send something right away that builds trust
Documents that answer the next five questions every buyer asks
- What support will I get post sale?
- How do you handle customer service?
- What is the next growth lever?
- How passive is this really?
Answer each once, put the answer in your file section, and reuse it. Be short, clear, and honest.
Use every asset you have
Offers and Leverage
Covered on Founder Call #3 and the Momentum Call. Goal: turn buyer activity into competing offers.
If you have no buyer or seller meetings set
- Adjust price expectations
- Respond quickly to every inquiry
- Get to a clear no or archive rather than let it linger
- Send your calendar link in every message
If you have lots of buyer or seller meetings set
- Ask directly how to get an offer
- Send your deal schedule
- Continue the momentum and sense of urgency
How to ask for an offer, directly
Ask directly, remove friction, and give clear next steps.
"We have received a strong offer and we are reviewing. If you are interested, now is the time to submit an offer (LOI)."
Creating scarcity, and keeping everyone warm
Buyers act faster when they think they might lose the deal. The drivers are a pending LOI, a limited timeframe, and visible competing interest. Even with a favorite buyer, keep other conversations warm: they are your backup if the deal falls through, and they keep leverage in your favor.
ChecklistHow to evaluate an LOI once it lands
An LOI is a non-binding offer, but scrutinize it against your goals before accepting.
- Does the buyer plan to finance through cash or financing?
- Who takes on certain liabilities, if it is an asset sale?
- When does the LOI expire?
- Has the buyer added binding provisions, such as an NDA, no-shop, non-compete, or non-solicitation clause?
- Who is responsible for any long-term debt?
- Does the LOI include an earnout, seller holdback, rollover, or another condition?
- What must you provide for due diligence?
You are not obligated to accept any LOI. If it does not meet your criteria, reject it and explain why, or send revisions back to keep the conversation open. Nothing is finalized until the APA is signed.
Real dealsFive ways deals almost died, and how they got saved
- Price over certainty: an agency seller had an SBA-backed offer at asking and an all-cash offer slightly lower. Took the lower, faster offer and closed in 30 days. Chasing the perfect number can increase risk.
- Guard down too early: an SBA deal was retraded late over lender-specific concerns. Rather than force a weak close, the listing was paused, repositioned, and relaunched with a different lender at the original valuation.
- Cutting price under pressure: a strategic buyer pushed a last-minute retrade late in negotiations. Valuation held constant and the risk was addressed through structure and transition support instead.
- Killing competition too soon: early exclusivity on a fast-moving deal meant no backup when the buyer stalled over a late compliance requirement. Re-engaging other buyers and relaunching recovered momentum and closed on schedule.
- Ignoring final-mile details: a cross-border deal hit working-capital friction a week before close. An experienced deal team resolved the mechanics without reopening headline terms.
The common thread: a deal that breaks late is rarely a sign the business will not sell. It is usually a signal to fix the structure, not the price.
LOI and Closing
Covered on Founder Call #3.5 and the legal specialty call. Once you have at least one competitive offer, we move into analysis, legal questions, and close.
DiligenceWhat buyers verify, by business type
For a clean business, diligence typically takes 2 to 4 weeks once your chosen buyer has data room access. If Stage 01 homework and pricing were done well, this should feel like confirming facts, not discovering them.
| Business type | What buyers verify |
|---|---|
| SaaS | MRR and ARR, churn, cohorts, billing integrity, code and infrastructure |
| Ecommerce | Landed costs, inventory health, supplier terms, return rates, ad accounts |
| Content and newsletters | Traffic quality, SEO health, RPM stability, subscriber engagement |
| Agencies | Client concentration, contracts, team retention, delivery process |
If your buyer is financing through an SBA loan, our Franchable partnership helps get the deal SBA-ready earlier: eligibility screening, review of your historical P&Ls and tax returns, lender-grade financial projections, and lender packaging through closing. Sellers generally need 3 years of business tax returns, cash flow covering the proposed debt at 1.25x minimum, and a valuation supported by an independent appraisal. Note that updated SBA rules (SOP 50 10 8.1) took effect October 1, 2026, so flag an SBA-financed offer to your advisor early.
What we handle for you at this stage
- Buyer due diligence and vetting to ensure the highest probability of closing
- Driving continued buyer interest and initiating bidding activity through targeted outreach
- Keeping bidding momentum going by setting timelines for interested buyers
- Analyzing the offer with you and flagging any legal questions ahead of our legal team
By business typeWhat buyers verify in diligence
| Business type | What buyers verify |
|---|---|
| SaaS | MRR and ARR, churn, cohorts, billing integrity, code and infrastructure |
| Ecommerce | Landed costs, inventory health, supplier terms, return rates, ad accounts |
| Content and newsletters | Traffic quality, SEO health, RPM stability, subscriber engagement |
| Agencies | Client concentration, contracts, team retention, delivery process |
Answer with evidence, point to the exact file rather than a long explanation. Respond within one business day; slow answers make buyers nervous. Flag soft spots early, issues raised in week one rarely lead to a retrade, surprises in week four often do.
How escrow protects both sides
ResourcesEscrow partner one-pagers
Acquire.com works with two escrow partners. Your advisor will confirm which one applies to your deal.
ChecklistAsset transfer checklist
- Domains and DNS
- Hosting, repositories, and deploy tools
- Payment processors and billing
- Analytics, ad accounts, and email platform
- App store and marketplace accounts
- Social accounts and brand assets
- Vendor, supplier, and affiliate handoffs
- Support tools and knowledge base
- Inventory count and bill of sale
- Admin access, with yours removed at the end
Agree on a defined training period with set hours and topics. If the buyer wants more help afterward, offer it as a consulting package.
Stage eightStep into your next chapter
- Taxes: asset and stock sales are taxed differently, and the allocation inside an APA changes your outcome. Plan it with a CPA before closing.
- Earnouts and notes: put reporting cadence and data access in writing, with precise definitions.
- Your capital: decide what goes to reserves, what funds your next venture, and what you are willing to risk.
- Your story: your exit is proof you can build something a buyer wants. Many founders go on to build, buy, or advise again.