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Acquisition Due Diligence Checklist

Due diligence checklist for acquiring another wireless retail store. Financial review, operational assessment, legal review, and transition planning included.

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What this Acquisition Due Diligence Checklist helps you do

Buying an existing wireless store can be faster than opening one from scratch - and disastrous if you skip proper due diligence. This Premier checklist walks through every area: financial review (real revenue and profit, not what they tell you), operational assessment (systems and processes), legal review (contracts, liens, employment), customer base quality, lease terms, and transition planning. Buy smart.

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Acquisition Due Diligence Checklist FAQ's

How long should due diligence take?

Realistic timeline: 30-60 days from offer acceptance to closing. Compressed timelines (less than 30 days) usually mean missed items that become problems later. Don't let the seller rush you through proper diligence.

What's the most important thing to verify?

Real financial performance. Sellers often present optimistic numbers. Verify through tax returns, bank statements, and POS reports - not just P&L statements. Discrepancies between sources are red flags worth investigating.

Should I use a lawyer for the acquisition?

Yes - acquisitions are complex enough that a business attorney is essential. Budget $3,000-$10,000 for legal fees on a typical wireless dealer acquisition. Money very well spent for the protection it provides.

What's a fair price for a wireless store?

Typical valuations: 1.5-3x annual EBITDA for independents, 3-5x for franchised stores. Add inventory at cost, subtract any liabilities assumed. Lower multiples for declining stores, higher for growing.

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