I'm looking at smaller deals in the Southeast and these are typically $1o0K -$200K in EBITDA and also only $300K-$500K in valuations. These are franchise and non-franchise independent businesses. I see typical due diligence services (QoE, legal DD) etc of the order of $20K-$50K each. While those fee ranges can make sense for bigger deals, it can have a big impact on the economics with such high closing costs for smaller deals.
Do I have any options for a more reasonable and simpler due diligence services for smaller deals? Has anyone here closed such very small deals, and if yes, how did you manage the due diligence services?
Minimize Due Diligence Costs for Smaller Deals ($100K-$200K SDE)?
by a searcher
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