Small Business Business Purchase Agreement Template

You can open the Small Business Purchase Agreement Template in multiple formats, including PDF, Word, and Google Docs.


Sample

Small Business Purchase Agreement Template

Printable | Editable Form




Small Business Purchase Agreement Template (1)
Between:
[Name of the Seller]
[Seller’s ID]
[Seller’s Address]
[Seller’s Phone]
[Seller’s Email]
And:
[Name of the Buyer]
[Buyer’s ID]
[Buyer’s Address]
Introduction:
This agreement is made to outline the terms for the sale of the small business known as [Business Name], effective as of [Date of Agreement].
Clause 1: Description of the Business
The Seller hereby agrees to sell, and the Buyer agrees to purchase the business described as follows: [Detailed description of the business, assets, liabilities, and any included inventory or equipment].
Clause 2: Purchase Price
The total purchase price for the business shall be [Total Amount], payable as follows: [Specify payment terms, such as deposit, installments, etc.].
Clause 3: Conditions Precedent
The completion of this agreement is subject to the following conditions: [Specify any contingencies, such as financing approval, due diligence, etc.].
Clause 4: Seller’s Representations and Warranties
The Seller warrants that: [List warranties, such as ownership of the business, valid licenses, absence of liens, etc.].
Clause 5: Confidentiality
Both parties agree to keep information regarding the business and its operations confidential, except as required by law.
Clause 6: Transition Assistance
The Seller agrees to provide transition assistance for a period of [Specify time frame] following the closing date to ensure a smooth transfer of operations.
Clause 7: Governing Law
This agreement will be governed by the laws of [Specify jurisdiction].
Signed in [City], [Date].
Sincerely,
[Signature of the Seller]
[Name of the Seller]
[Signature of the Buyer]
[Name of the Buyer]
Small Business Purchase Agreement Template (2)
Between:
[Name of the Seller]
[Seller’s ID]
[Seller’s Address]
[Seller’s Phone]
[Seller’s Email]
And:
[Name of the Buyer]
[Buyer’s ID]
[Buyer’s Address]
Introduction:
This Small Business Purchase Agreement is executed this [Date of Agreement], for the acquisition of [Business Name] located at [Business Address].
Clause 1: Assets Included in Sale
The purchase includes all tangible and intangible assets belonging to the business, including but not limited to: [List of included assets].
Clause 2: Payment Breakdown
The Buyer agrees to pay the Seller [Total Amount] as follows: [Detail payment structure, dates, and conditions].
Clause 3: due diligence
The Buyer shall have [Specify period] to conduct due diligence, including review of financial records, contracts, and employee agreements.
Clause 4: Seller’s Indemnification
The Seller agrees to indemnify the Buyer for any losses resulting from claims or liabilities arising from the business prior to the closing date.
Clause 5: Closing Date
The consummation of the transactions contemplated by this agreement shall occur on [Specify date], at which time the business will be transferred to the Buyer.
Clause 6: Post-Closing Obligations
Both parties agree to fulfill post-closing obligations as outlined in this agreement, including any necessary filings or notifications.
Signed in [City], [Date].
Sincerely,
[Signature of the Seller]
[Name of the Seller]
[Signature of the Buyer]
[Name of the Buyer]

Form

Please complete the form below to create the Small Business Purchase Agreement Template. All fields must be filled out to ensure a clear and complete agreement. We provide examples to guide you through each step.

Small Business Purchase Agreement Template

1. Seller Information


2. Buyer Information


3. Business Information


4. Purchase Price

5. Due Diligence Period

6. Assets Included in the Sale

7. Liabilities Assumed by Buyer

8. Contingencies

9. Closing Date

10. Signatures and Acceptance

11. Declaration and Signatures




PDF


WORD

Printable

Small Business Purchase Agreement Template

Printable | Editable Form




Small Business Business Purchase Agreement Template