Sell your business with its numbers already checked
Your figures are matched to your own documents before buyers see them. Your business stays anonymous until you approve a buyer. NextOwner takes no commission.
Why sell here
Confidential by default
Buyers see what the business does and roughly where it is. Its name, address and documents stay hidden until you approve a buyer's NDA.
Buyers you can see
Every buyer confirms their email and signs an NDA before anything names you. You see whether their ID was checked, their funds as a dated band and how they plan to pay.
No commission
$495 when you submit and $99 a month while you are live. Nothing when you sell, whatever the price.
What you will need
Every seller
These are what the numbers are checked against.
Business tax returns
Shared after an NDA, by defaultWhat to upload: The complete filed return for each of the last three fiscal years (Form 1120-S, 1120, 1065 or Schedule C; T2 or T2125 in Canada). All pages.
What it provesThe revenue and profit you reported to the tax authority.
Profit and loss statements
Shared after an NDA, by defaultWhat to upload: A P&L for each of the last three fiscal years, plus one for this year to date. Exports from your accounting system are best.
What it provesHow revenue and each expense line make up your profit, and how this year is going.
Business bank statements
Private unless you share itWhat to upload: Every monthly statement for the last 12 months, for each account that receives sales. Download the PDFs from your bank; do not scan or edit them.
What it provesThat the money actually arrived. We add up deposits and compare them with reported revenue.
Formation or registration document
Private unless you share itWhat to upload: Articles of organization or incorporation, a certificate of good standing, or your business registration.
What it provesThat the business exists and who owns it.
If it applies to you
Asked for only when your answers call for it.
Authorization to sell
Private unless you share itWhat to upload: A signed letter from the owner or board authorizing you to list and sell the business.
What it provesThat you have the authority to sell.
Lease agreement
Shared after an NDA, by defaultWhat to upload: The current signed lease with any amendments.
What it provesRent, term, renewal options and whether the lease can be transferred.
Franchise agreement
Shared after an NDA, by defaultWhat to upload: The current franchise agreement and any transfer terms.
What it provesRoyalty terms, remaining term and what the franchisor requires of a buyer.
Helpful, not required
Each one adds a second record a buyer can rely on.
Tax ID confirmation
Private unless you share itWhat to upload: Your IRS EIN letter (CP 575 or 147C) or CRA Business Number confirmation.
What it provesThat the tax ID you gave us belongs to this business.
Licenses and permits
Shared after an NDA, by defaultWhat to upload: Any license the business needs to operate.
What it provesThat the business is permitted to operate, and what a buyer must obtain.
Balance sheet
Shared after an NDA, by defaultWhat to upload: The most recent balance sheet from your accounting system.
What it provesAssets, debts and working capital at a point in time.
Sales tax filings
Private unless you share itWhat to upload: Sales tax returns for the last 12 months.
What it provesA second, independent record of your sales. Especially useful for cash-heavy businesses.
Card processor or POS statements
Private unless you share itWhat to upload: Monthly statements from your card processor or point-of-sale system.
What it provesCard sales by month, independent of your books.
Payroll reports
Private unless you share itWhat to upload: Your most recent quarterly payroll filings (Form 941) or a payroll provider summary.
What it provesHeadcount and wage costs, and what the owner is paid.
Equipment and asset list
Shared after an NDA, by defaultWhat to upload: A list of the equipment and vehicles included in the sale.
What it provesWhat a buyer is getting for the price.
About you
Never shown to buyers.
Photo ID and a selfie
A driver’s license, passport or other government photo ID, and a selfie taken on your phone or computer.
What it provesThat you are who you say you are. A member of the compliance team compares the two; software never compares faces.
How long it takes
What buyers see
Anyone, before an NDA
- The industry, and the city or only the region, as you choose.
- An approximate area on a map, never the address.
- Your title, description and highlights, written so they do not name the business.
- The asking price, revenue and cash flow, each with its evidence tier, and the report.
- Photos you mark as public.
- That your identity was checked. You appear as “The owner”.
Buyers whose NDA you approve
- The legal name, trading name, address and website.
- Your name.
- Photos you mark as confidential.
- The documents you choose to share in the data room. Each time one is opened, you can see who opened it.
No buyer, ever
- Your photo ID and selfie.
- Your tax ID.
- Documents you do not share, and any document an analyst rejected.
- Phone numbers and emails typed into messages before you approve access. They are hidden before the message is stored.
The listing coach suggests. You decide.
- Reads your answers and your draft listing, and suggests a clearer title, description and highlights.
- Never changes a figure, never recommends a price or terms, and never suggests leaving out a disclosure.
- Checks every suggestion before you see it: no banned claims, nothing that would name the business, no figure that is not on your listing.
- Changes nothing until you apply a suggestion. You can edit it first or dismiss it; a dismissed suggestion does not come back for 30 days.
- Runs on AI when it is switched on, and on NextOwner's listing checklist when it is not. The coach says which.
What it costs
- Verification fee
- $495
- Charged once, when you submit your listing for verification.
- Listing fee
- $99 a month
- Charged only for months your listing is live. Nothing while it is a draft, in verification or paused.
- Commission on the sale
- None
- NextOwner does not take a share of the price. The sale is between you and the buyer.
- Buyers
- Free
- Searching, messaging, signing an NDA, opening a data room and making an offer cost a buyer nothing.
Ready when you are
Start with a few questions about you and the business. Nothing is shown to buyers until an analyst has approved your listing and you choose to publish it.
Start your listingQuestions first?
The help page answers what owners ask most, and says how to reach NextOwner.