Standard LOI Terms

by a searcher from Northwestern University - Kellogg School of Management

3 days ago

Happy Friday! 

Looking for standard LOI terms for a smaller self funded searcher deal. Target company is in home services and sub $1M revenue. I have an LOI template from the broker but wondering what is fairly standard term wise. 

Thanks!

0 likes
81 views
6 comments

searcher from Northwestern University - Kellogg School of Management

I’d be happy to help out and walk you through it - feel free to reach me out at --@----.com

1 hour ago | like reply | 0 likes

lender from University of Missouri - Columbia

Hi, please reach out if you are in need of SBA funding

7 hours ago | like reply | 0 likes

More on Searchfunder

Just Closed on My First Deal! Reflections and Takeaways for other Searchers

45,152 transactions are available on Searchfunder (now searchable by keyword)

Now everyone has unlimited IBISWorld access

Family office looking for traditional searchers

Investor seeking Self-Funded Search Deals

2 Best Ways To Find Motivated Sellers, Off-Market Deals

Downsides of "buying a job" below 750k+ EBITDA?

6-7x for a Self-funded Search Deal?

Searchfunder is an online community and toolkit for searchfunds. Over 80% of those involved in searchfunds maintain a Searchfunder.com account to help them network, problem solve challenges, and keep up with the industry.

We maintain partnerships with database providers that make searching more effective, efficient and affordable along with features that help searchers find deals and investors and vice versa.