DealScreen · Sample
Established HVAC Contractor
Palm Springs, California · NAICS 238220
Advance to diligenceSeller earnings
Unverified
Financing
Modeled
Outside evidence
Open
Asking price
$650,000
Seller-stated SDE
$240,000
Price / SDE
2.71×
Price / revenue
0.54×
The Economics Justify a Controlled Next Step—Not an Unconditional Offer.
At $650,000 and seller-stated SDE of $240,000, the listing implies 2.71× SDE. With 20% down, this sample produces 2.85× indicative coverage before taxes, replacement management, capital spending, and working-capital changes.
Recommended posture
Request the evidence package, validate normalized earnings, and use the coverage-constrained price as a negotiating reference—not a valuation conclusion.
Financing Sensitivity
Illustrative 10-year amortization at 10.5%, with 120 monthly payments. Debt service = principal × monthly rate ÷ (1 − (1 + monthly rate)⁻¹²⁰) × 12. Fees, taxes, owner replacement pay, capex and working capital are excluded.
| Down payment | Cash required | Loan amount | Annual debt service | DSCR |
|---|---|---|---|---|
| 15% | $97,500 | $552,500 | $89,462 | 2.68× |
| 20% | $130,000 | $520,000 | $84,199 | 2.85× |
| 25% | $162,500 | $487,500 | $78,937 | 3.04× |
| 30% | $195,000 | $455,000 | $73,675 | 3.26× |
Downside test
Earnings Resilience
Seller-stated SDE
$155,801 after debt
2.85×
10% decline
$131,801 after debt
2.57×
20% decline
$107,801 after debt
2.28×
30% decline
$83,801 after debt
2.00×
Evidence request package
Before Final Terms
- 01Three years of federal business tax returns
- 02Monthly P&Ls and balance sheets plus current YTD
- 03SDE bridge with support for every add-back
- 04Bank and merchant statements
- 05Revenue and gross profit by customer and service line
- 06Lease, amendments, CAM, and assignment terms
Government-data context
Source Coverage Map
Official county and tract matching; geography is not business identity.
Population, income, housing and labor estimates; not target performance.
NAICS 238220 establishments, employment and payroll; not valuation comparables.
Facility and compliance search; not an environmental assessment.
Carrier screening applies only when a USDOT number or carrier identity is relevant.
Complaint and enforcement context applies only to consumer-finance activities.
Entity, lien and license status require jurisdiction-specific confirmation.
Official searches may require manual review, accounts, fees or exact identifiers.
Run the Numbers on the Listing You Are Considering.
Start with a free QuickCheck. Purchase DealScreen only if the opportunity clears the first screen.
Illustrative Evidence Entries
These fictional entries show the distinction between supplied claims, market context and unresolved checks. They are not results from a live lookup.
Seller listing
Unverified claim
$650,000 price, $1,200,000 annual revenue and $240,000 SDE; fictional listing LIST-01.
- Publisher:
- Relevant official authority; separate searches required
- Reference:
- Official jurisdiction-specific search remains open. Portal links are navigation aids, not saved evidence of this fictional finding.
- Sample as-of:
- September 12, 2026. No live retrieval was performed for this sample. Dataset periods are retained in the source name or finding.
- Match confidence:
- Illustrative status; no measured identity confidence or live clearance.
- Limitation:
- The listing supplies inputs, not evidence of earnings.
- Buyer action:
- Confirm exact identifiers and review the underlying record before relying on the result.
Census ACS 2024
Context
Illustrative county match: Riverside County, CA; county FIPS 06065. Numeric demographic values are not supplied in this example.
- Publisher:
- U.S. Census Bureau
- Reference:
- Official source portal. Portal links are navigation aids, not saved evidence of this fictional finding.
- Sample as-of:
- September 12, 2026. No live retrieval was performed for this sample. Dataset periods are retained in the source name or finding.
- Match confidence:
- Geographic context only; no company attribution.
- Limitation:
- County context is not company performance and cannot verify revenue.
- Buyer action:
- Compare local context with company-specific operating records.
EPA ECHO
Official search required
No company-specific result is asserted. Exact legal name and physical location must be confirmed.
- Publisher:
- U.S. Environmental Protection Agency
- Reference:
- Official source portal. Portal links are navigation aids, not saved evidence of this fictional finding.
- Sample as-of:
- September 12, 2026. No live retrieval was performed for this sample. Dataset periods are retained in the source name or finding.
- Match confidence:
- Illustrative status; no measured identity confidence or live clearance.
- Limitation:
- An incomplete search cannot be interpreted as a clean result.
- Buyer action:
- Complete and preserve the official search with verified identifiers; obtain professional interpretation where needed.
Choose Save as PDF in the print dialog. All figures and evidence in this sample are fictional.
Report protocol
How Evidence Is Classified
The report keeps claims, calculations, contextual data, and official records separate. No missing search is silently converted into a clean result.
Seller claim
Information entered or extracted from the listing. It remains unverified until reconciled to documents.
Acquisition math
A reproducible calculation based on labeled inputs and assumptions, not an appraisal or lender decision.
Market context
Geographic or industry data used for comparison. It does not prove target-company performance.
Public-record evidence
An official-source result that still requires identity matching and legal or specialist interpretation where appropriate.
Unresolved
Missing, stale, conflicting, unavailable, or incomplete evidence that creates a buyer follow-up.
Required Fields on Every Evidence Entry
- Publisher
- The agency, seller, user, or document custodian responsible for the underlying information.
- Source and URL
- The named dataset, search system, or document with a link when one is available.
- Retrieved / as-of
- When the result was collected and the period represented by the underlying data.
- Status
- Matched, possible match, no match returned, manual review, unavailable, or not run.
- Confidence
- Support for attribution—not a probability that the business is safe or the finding is legally conclusive.
- Limitation
- What the source and result cannot establish.
- Buyer action
- The document request, official search, specialist review, or deal protection prompted by the evidence.