This business sale agreement (the “Agreement”) is entered into between [Seller.FirstName][Seller.LastName] (Seller) and [Buyer.FirstName][Buyer.FirstName] (Buyer) furthermore known as “The Parties” on this day of (Agreement.CreatedDate).
The Buyer hereby agrees to purchase from the Seller the business assets, including all (what you’re selling) and property rights, known as (name of Property), located at (Address).
For a full description of the business and assets being purchased, refer to the subsection “Description of Business and Assets” under the heading “Terms and Conditions.”
In consideration of the purchase and sale of the property, the Parties have agreed to the following payment amounts. All deposits for this business sale Agreement should be made on (Agreement.Date).
In the instance the Buyer fails to adhere to any terms and conditions found within this business sale Agreement, all deposits will be retained by the Seller and considered liquidated damages.
Total purchase price inclusive of all furnishings, fixtures and equipment: (Total.PurchasePrice)
The purchase price of the business is expressed as a sale of the Assets of the business. It is not assessed as a price per asset but is an overall purchase price for all of the Assets.
Closing Costs: (Closing.Cost)
Interest Rates will be (Interest.Rate)% for a period of 30 years from the closure of sale.