EDMONTON, AB — July 8, 2026 — Napkin Deals today reported that its live index has crossed 23,600 active business-for-sale listings, drawn from more than 840 broker sites and national marketplaces across 50-plus countries — all deduplicated into a single feed. Structuring a listing once cost an analyst 20 to 60 minutes; the engine now does it for roughly four cents.
The Napkin Estimate
The milestone release also formalizes the Napkin Estimate, the platform's answer to the industry’s least useful phrase: “financials not stated.” Every listing is classified four ways — stated, unconfirmed, ruled out, or genuinely blind — and because 93 percent of listings that withhold earnings still state an asking price, the system can bound what a business likely earns. A filter that once returned thousands of unusable results now returns a stated list and a qualified shortlist.
Price history as a signal
Napkin now anchors a listed-at baseline across more than 32,700 tracked deals, surfacing price reductions that incumbents quietly erase when a listing reappears. A seller who has cut twice is one of the strongest buying signals in this market — and it is now a sortable column.
The index is the input, not the product: everything Napkin builds — matching, valuation, advisory — compounds on top of a corpus that grows by thousands of deals a month.