One record. Three depths.
Every tier reads the same research. The difference is how much of it you can act on: the name, the conditions, the model.
Billed monthly, in euros, VAT included where it applies. Readers only: no broker fee, no success fee, no stake in any deal.
Always
No card, and no trial clock.
For the reader who wants to see the method first.
- The five covers every Saturday
- Descriptor, metro and the four figures
- Both ways to own it, as ranges
- Two things each listing doesn't say
- The verdict and the count of conditions
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a month
At launch, €14.49 a month for your first 5 months.
For the buyer who will call the broker.
- The business named, with the original listing
- The conditions, and what would close each
- Questions to ask the broker
- The plain-English file, every question
- The annex and four editions of archive
- Filters, saved searches, weekly alerts
Checkout opens soon; access codes work on the account page.
a month
At launch, €57.99 a month for your first 5 months.
For the analyst who will model it.
- Everything in Premium
- The model on both readings, and the workbook
- The scorecard with weights and sources
- The research trail with receipts
- Every edition, and the deals we killed
- One underwriting of your listing a month
Checkout opens soon; access codes work on the account page.
No. 04 · Peruvian rotisserie restaurant, Lee County, FL.
| In the file | Free | Premium | Pro |
|---|---|---|---|
| Asking, revenue, seller earnings | $300k · $817k · $169k SDE | Same, with the bridge to our view | Same, five years on both readings |
| If you run it · with a manager | $129k–$171k · $52k–$95k | + the owner-job build, task by task | + debt capacity and the cover, year by year |
| What the listing doesn't say | 2 of 9 findings | All 9, and what we could not establish | + every source and its receipt |
| The verdict | Proceed with conditions · 4 conditions before an offer | The 4 conditions, and what closes each | + the scorecard and its weights |
| The name and the listing | — | Name, address, broker, original link | + how the desk identified it |
| Questions for the broker | — | Written from the conditions | The same questions |
| Downloads | — | — | Workbook (.xlsx) and the PDFs |
Read the free file of No. 04. Every tier reads the same figures; a tier never gets different numbers, only more of them.
No stake
We take no fee from a seller, a broker or a lender. We are a publication.
Cancel any time
From your account page, any day of the month. Nothing to call, nobody to convince.
What we killed
Every edition publishes the cuts and the reasons. See this week's.
Before you join.
Is this investment advice?
No. Underwritten is a publication. We hold no stake in any business we write about, we take no fee from a seller or a broker, and nothing here is investment advice. Seller figures are the seller's until diligence proves otherwise; our figures are labelled as ours.
Can I switch between Premium and Pro?
Yes. One research record feeds every tier, so moving up opens more of the same file and moving down closes the Pro layer; nothing you have read changes. Members with an access code enter it on the account page.
Why euros?
The subscription is billed in euros. The deals are US businesses, and their figures stay in dollars, as the listings state them.
Do you cover my state?
The desk reads brokers' listings from every US state each week, and the five go wherever the method lands. Members can set an alert by state on the account page and hear when a deal appears there.