|
Download Profit and Loss statement Template
|
| ||
Profit and Loss (P&L) and Finance Readiness FAQs
Why are you asking for a “sale purpose” Profit and Loss statement?
Because buyers, valuers and lenders typically underwrite a defensible net profit, not a marketing headline. A sale-purpose P&L is designed to show the operating reality clearly, including wages and contractor coverage, so serious buyers can move faster with fewer re-trades.
What period should the P&L cover, and how recent should it be?
Use the most recent 12-month period. Where possible, a management rights specialist accountant-prepared pre-sales P&L that is less than 90 days old can reduce disputes later because everyone works from the same baseline.
What happens after I upload my P&L?
We review it for earnings quality, risk discounts, and financeability. If the numbers are close but presentation is weak, we will tell you what needs to be normalised. If you want to move forward, we map the evidence pack and the fastest path to a lender-friendly Information Memorandum and signed listing paperwork.
LIABILITY DISCLAIMER
The information contained on this website has been uploaded by SIRE based on information supplied by the owners of the business for sale.
SIRE has not audited or otherwise confirmed this information and makes no representations, expressed or otherwise, regarding this information, and shall in no way be responsible for the content, accuracy and truthfulness of such information.
By requesting this business profile the recipient acknowledges their responsibility to perform a due diligence review prior to any acquisition of the subject business. Intending purchasers should satisfy themselves as to the truth and accuracy of all information by their own enquiries and should not rely only upon the information provided.
The information provided is to be used and accepted as a guide only. The Buyer acknowledges that it is the Buyer’s sole responsibility to verify and confirm all information contained in this document, and the Buyer furthermore resolves not to hold SIRE Brokers and/or its salespeople or authorised personnel responsible for its accuracy, including any liability or loss suffered by them in relation to the information contained in this
document.
