Hello all,

I'm looking at an opportunity that is run by a family and is very profitable with solid growth opportunity. But they do not have a digital accounting system and conduct business via cash and POS transactions.

They said the business doesn't have tax returns (the business is 3 years old). They say all the transactions are in pink and yellow slip ledger style books.

My question is, how do I verify cashflow and revenue without tax returns? And will accountants be able/willing to assist with due diligence on something like this?

Thanks!