Evaluate / Acquisition underwriting
The asking price is one input. Model the cash required, debt service, operating assumptions and investor economics of the acquisition—with separate structures for self-funded and traditional search.
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Try changing the price, percentages or note term.
12-month earnout. Payable at 90% revenue retention. Define the customer baseline before agreeing terms.
Illustrative calculation and sample letter. No live AI call, saved offer or message sent.
Make the terms work for you.
Follow the full acquisitionSpecific tools for the decisions and follow-through your search depends on.
Start with SBA-financed self-funded search, SBA with passive investors or traditional funded search. Each structure carries the financing and return assumptions relevant to that buyer profile.
Evaluate the deal for the way you intend to acquire it.
Review reported earnings, seller and buyer add-back bridges, SDE or EBITDA, salary, maintenance capex and tax assumptions. Input labels distinguish source facts, defaults and figures you entered.
Make your view of the business explicit in the model.
Build sources and uses with purchase price, fees, working capital and other uses. Inspect buyer cash, investor equity, debt, equity injection and any funding gap.
Understand the cash needed beyond the price on the CIM.
Model SBA loan sizing, guaranty fees, repayment and seller-note terms alongside lender-view and buyer-view coverage. See debt service and leverage as the structure changes.
Explore how financing terms affect the cash the business must generate.
Explore maximum price at a debt-coverage target, minimum buyer cash, a seller-note split and revenue decline to 1.00x coverage. Review lender-style checks and their cited rules.
Turn a failing assumption into a specific financing question.
For self-funded scenarios, review buyer cash, equity IRR, MOIC, year-one cash-on-cash, payback, owner earnings and modeled personal-guarantee exposure.
Connect the acquisition structure to your own investment and income.
Explore passive-investor terms or traditional search capital, preferred returns and carry. Keep investor economics and the searcher's modeled outcome visible in the same scenario.
Evaluate the terms that divide value between capital and operator.
Change exit assumptions, test target returns and inspect sensitivity grids and one-driver-at-a-time analysis. Save alternative scenarios and compare their assumptions and outputs.
Identify where conviction depends on an assumption holding up.
Choose a primary scenario to inform the deal's price check. When you create an offer, its saved underwriting scenario is locked so the analytical basis stays attached to the terms.
Keep pipeline prioritization and offer preparation connected to your model.
IN YOUR WORKDAY
Start with your search structure and financing targets, then review the source figures used to seed the scenario.
Adjust earnings, price and sources of capital. Review coverage, returns, rule checks and sensitivity before saving a case.
Compare alternatives, review the structure with your advisors and use a saved scenario as the basis for an IOI or LOI.
BEFORE YOU START
Yes. SearchWare includes SBA self-funded, SBA with passive investors and traditional funded-search structures. You can save and compare scenarios with their respective financing and return assumptions, including investor and searcher economics where applicable.
The financial model uses deterministic calculations. AI helps extract and analyze source material; you review the figures and edit the assumptions that feed the model. Outputs change when those inputs change, and saved scenarios keep the assumptions with the deal.
No. SBA rule sets are explicitly marked pending lender review, and the checks are analysis rather than a credit decision. Review the model, applicable rules and current financing terms with your lender. The Prime input carries an as-of date and should be checked before use.
BUILT BY OPERATORS, FOR OPERATORS.
Choose a plan, bring a real opportunity, and see the workflow with your own evidence and assumptions.