LOI Sample Letter for CA Homecare Deal

by a searcher

1 year ago

I am about sending a LOI for a CA Homecare agency deal and I have some concerns on the letter. I got it from my CFO and it does not specially address the duediligent process, periods and no clauses are included to cover base.  Since the seller did not send me any P&L and tax documents, I have to trust the business numbers from the owner who got it from his CPA Paperworks.  The seller likes to see the offer first and would have their CPA to send me tax documents after the year tax return filed. 

Anyone has a sample of LOI for buying California homecare agency non-medical caregiving business. I appreciate if you can share it with me. My email address is --@----.com  

 Thanks, and Happy Holidays!

Shannon Lee

2 likes
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17 comments

intermediary from University of Arizona

Do NOT submit an LOI without seeing the financials first. If the broker will not send them then walk.

1 month ago | like reply | 0 likes

searcher from Florida International University - College of Business

This is a resource I use quite a lot. Look for Like companies in size, competitors ETC. It is free, you just need to create an account. https://www.glassdoor.com/Salaries/index.htm

1 year ago | like reply | 2 likes

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