Unlock Successful Transactions with Our Free Business Sale Agreement Template
Johnny-lee-Clarke
This Business Sale Agreement outlines the terms and conditions under which the Seller agrees to sell, and the Buyer agrees to purchase, a specified business including its goodwill, fixtures, plant, machinery, stock, and associated internet properties. It details the purchase price, payment method, and the responsibilities of both parties, including the payment of applicable taxes by the Buyer. The document also includes warranties from the Seller regarding the legal and financial status of the business, conditions precedent for the Buyer to fulfill, and access rights for due diligence. Additionally, it stipulates employee management, notices, severability, governing law, and general provisions, making it useful for formalizing the sale of a business and ensuring both parties' obligations and rights are clearly defined and protected.