Selling Business Agreement Template

📝 Create

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

Open Template

Sample

Selling Business Agreement Template

Printable | Editable Form

PDF 1 PDF 2

Selling Business 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 document formalizes the agreement for the sale of the business known as [Business Name], effective [Contract Start Date].
Clause 1: Description of the Business
The business being sold includes: [Detailed description of the business, assets, inventory, etc.].
Clause 2: Purchase Price
The Buyer agrees to pay the Seller a total purchase price of [Amount], payable in the following manner: [Specify payment schedule].
Clause 3: Due Diligence
The Buyer shall have [Number] days to conduct due diligence and inspect the business’s financial statements, assets, and liabilities.
Clause 4: Closing Date
The closing of the sale will take place on [Closing Date], at which time ownership will be transferred.
Clause 5: Representations and Warranties
The Seller warrants that: [List any representations and warranties such as legitimacy of the business, ownership of assets, etc.].
Clause 6: Confidentiality
Both parties agree to keep all information related to the business and transaction confidential.
Clause 7: Governing Law
This agreement shall be governed by the laws of [Jurisdiction].
Signed in [City], [Date].
Sincerely,
[Signature of the Seller]
[Name of the Seller]
[Signature of the Buyer]
[Name of the Buyer]
Selling Business 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 agreement serves to outline the terms for the sale of [Business Name], commencing on [Contract Start Date].
Clause 1: Business Overview
The Seller is selling the business which consists of: [Detailed list of business assets].
Clause 2: Total Consideration
The total consideration for the sale will be [Amount], to be paid by the Buyer as follows: [Specify payment terms].
Clause 3: Closing Obligations
The closure of this agreement is contingent upon: [State any closing conditions].
Clause 4: Indemnification
The Seller shall indemnify the Buyer against any liabilities related to [Specify liabilities].
Clause 5: Acknowledgment of Transfer
Upon completion of the transaction, the Buyer will acknowledge receipt of all business assets.
Clause 6: Confidentiality Clause
Both parties agree that any sensitive information will remain confidential and secure.
Clause 7: Applicable Law
This agreement will be governed by the legal provisions of [Jurisdiction].
Signed in [City], [Date].
Sincerely,
[Signature of the Seller]
[Name of the Seller]
[Signature of the Buyer]
[Name of the Buyer]

Template Online

Form

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

Selling Business Agreement Template

1. Seller Information


2. Buyer Information


3. Business Information


4. Sale Price and Payment Terms

5. Assets Included in the Sale

6. Liabilities and Obligations

7. Conditions Precedent

8. Representations and Warranties

9. Governing Law

10. Signatures and Acceptance

11. Declaration and Signatures



PDF

WORD

Printable

Selling Business Agreement Template

Printable | Editable Form

PDF 1 PDF 2

Selling Business Agreement Template