NDA
To protect the goodwill of the business for sale, most vendors will require a letter of confidentiality, more often referred to as an NDA or Non Disclosure Agreement
NON DISCLOSURE AGREEMENT (NDA)
General NDA. Please complete one for each business of interest. It can be downloaded and emailed or sent to us by fax.
To protect the goodwill of the business for sale, most vendors will require a letter of confidentiality, more often referred to as an NDA or Non Disclosure Agreement
NON DISCLOSURE AGREEMENT (NDA)
General NDA. Please complete one for each business of interest. It can be downloaded and emailed or sent to us by fax.
In most cases upon return of an NDA we will send an Information Memorandum. The content and structure of this document varies from business to business but in most cases will contain some of the following information:
- Copies of last 3 years accounts (Including latest accounting year)
- Copies of most recent management accounts
- Inventory of machinery, equipment and vehicles indicating
- any HP, contract hire, finance or loan arrangements. This would include details of website(s) and any domain names held
- For E-Commerce or Web Businesses – Details of web traffic, size of customer/subscriber database, Google Analytics
- Staff schedule with positions, length of service, ages and
- Salaries, including owners, indicating key staff and any vacancies
- Customer List (usually anonimised to protect goodwill) or a breakdown of the type of customers serviced
- Value/Breakdown of Current Order Book / Ongoing Contracts
- Details of licences in respect of goods or services
- Details of any professional or trade memberships e.g. NICEIC, REC, etc. or approvals (e.g. ISO 9002, Investors in People etc)
- Details of e.g. patents, trademarks, copyrights etc.
- Any specific supply contracts
- Copy of any marketing literature, price lists, website address
- Copy of any lease on equipment and/or vehicles
- Summary of Lease(s) / Rent / Rates / Maintenance Charges
- Plan / Photographs of Premises. Valuation (if Freehold)
- Energy Performance Certificate (EPC)
- List of any charges on property or equipment
- Details of any current legal claims or disputes for or against the business