Red Flag Report
A quick check on the business before you commit to a full due diligence, even before you sign an LOI. Within 48 hours of receiving the seller’s documents you get a risk rating, a price-range recommendation and, if the evidence justifies it, a recommendation to walk away. Go ahead and the full fee is credited against a Standard or Deep Dive Report. Walk away and it was cheap protection against a bad deal.
- Period analyzed
- 3–6 months
- Report length
- 5–10 pages
- Turnaround
- 48 hours
- Contracts
- Top 3 revenue contracts
*A supplement may apply to deals above $2M USD.
Fixed price
$990
Flippa charges $1,500
- Paid once, upfrontFixed price, no hidden fees
- Delivered within 48 hoursFrom receiving documents
- Full fee credited if you upgradeTo a Standard or Deep Dive Report within 60 days
Sample report
See what you get
A real Deep Dive Report we delivered to a buyer, with client and business details redacted. Your Red Flag Report follows the same format, with the scope described below.
What we review
Inside your Red Flag Report
A fast, low-cost check before you commit to a full due diligence, even before you sign an LOI. Within 48 hours of receiving the seller’s documents you get a risk rating, a price-range recommendation and, if the evidence justifies it, a recommendation to walk away. Upgrade to a Standard or Deep Dive Report within 60 days and the full fee is credited.
Your verdict
- Overall risk rating for the deal
- Price-range recommendation based on what the documents support
- A clear walk-away recommendation, if the evidence justifies one
- What to verify in a full review if you go ahead
Corporate & Ownership
- Certificate of Incorporation / Company Registration
- Directors and Shareholders list (latest)
- Confirmation of trading names and business locations
- Key-person dependency: who runs what, and what leaves with the seller
Financial Overview
- Last 3–6 months P&L (summary format acceptable)
- Review of payment processor summary reports (Stripe/PayPal/Shopify) — review of monthly totals.
- Review summary of current debts or liabilities (as declared by seller)
- High-level tax statement review (recent return or summary)
Traffic & Performance
- Google Analytics/GA4 - Traffic Overview, Channels, Conversions (3-6 months)
- Google Search Console screenshots - Performance Overview (3-6 months)
- Advertising spend summaries (Google Ads / Meta) as applicable
- 6 month customer/order volume summaries (Shopify/other)
Legal & Contracts
- Summary list of material contracts (customer, supplier, software tools)
- Review of Copies top 3 material contracts third parties that generate revenue (e.g., affiliate networks)
- Top-level summary of any disputes, claims or regulatory issues
- High-level compliance check: privacy policy, GDPR/CCPA basics and regulatory flags
Intellectual Property
- Domain ownership proof (registrar screenshot)
- List of trademarks (registered or unregistered)
- Evidence of content or code ownership (contractor list only; documents not required at this stage)
Technology & Operations
- Summary of key suppliers/fulfilment partners/platform accounts (Amazon, Shopify, apps etc.)
- Screenshot of platform account health (Amazon, eBay, app stores, etc., if relevant)
- Hosting and infrastructure summary (AWS, GCP, etc.)
- Software infrastructure summary (SaaS stack)
- Uptime/downtime summary (if available)
- High-level code review: ownership, stack and obvious risks
FlipAudit vs Flippa Comparison
See how FlipAudit Red Flag Report compares to Flippa's Red Flag Package.
| Feature | Flippa Red Flag | FlipAudit Red Flag |
|---|---|---|
| Price | $1,500 | $990 |
| Analysis Period | 3-6 Months | 3-6 Months |
| Report Size | 3-5 Pages | 5-10 Pages |
| Recommended Price Range | $1 - $50k | Any deal sizeSupplement above $2M |
| Corporate & Ownership Verification | Yes | Yes |
| Financial Overview | No | Yes |
Why Choose FlipAudit? We offer more comprehensive analysis, deeper verification, and better value. Our reports are prepared by experienced professionals who understand the nuances of online business acquisitions.
Peace of mind
You're protected
- Qualified lawyers
- No broker affiliations
- Fixed price, paid once
How upgrading works
Upgrade to a Standard or Deep Dive Report within 60 days of receiving your Red Flag Report and everything you paid for it counts towards the bigger report. You only pay the difference.
- Read your Red Flag Report. Your 60 days start on the day we deliver it.
- Book a free call and tell us which report you want.
- We send you a payment link for the difference only.
- Once it's paid, we start your full report.
- Upgrade to Standard
- $2,310
- Upgrade to Deep Dive
- $3,960
After 60 days, the full price of the upgraded report applies.
Timeline
How it runs
Order and kickoff
Pay the fixed price, then a kickoff call covers the deal, what to focus on and the documents we need.48-hour review
Once we have the seller's documents, we check the business metrics, financials, compliance, key-person risk and code.Your verdict
A risk rating, a price-range recommendation and, if justified, a recommendation to walk away.
Perfect for
- A quick check before you sign an LOI
- Deciding whether a deal is worth a full due diligence
- Screening several businesses before you pick one
- Getting a second opinion on the asking price
No risk if you go ahead
Upgrade to a Standard or Deep Dive Report within 60 days of receiving your Red Flag Report and the full Red Flag fee is credited against the new package. You only pay the difference.
If the report tells you to walk away, you've spent a fraction of a full review to avoid a bad deal.
Possible outcomes
Whatever we find, you win.
Peace of Mind
Clean bill of health - proceed with confidence
Fixable Issues
Problems found that could lead to better negotiation
Avoid Disaster
Serious issues discovered - potentially saving you thousands
FAQ
Common questions
What's the difference between the three report types?
Should I start with a Red Flag Report?
How does payment work?
How long does each type of report take?
What if you find problems during the due diligence?
Can I upgrade from a Red Flag Report to a more comprehensive package?
What industries do you specialize in?
What happens after you complete the report?
What documents will I need to provide?
Check the deal before you commit
A risk rating and walk-away advice within 48 hours of receiving the seller’s documents, fully credited if you upgrade within 60 days.