Business Sale Agreement Template UK

The Business Sale Agreement Template UK is offered in multiple formats, including PDF, Word, and Google Docs, featuring customizable and printable examples.


Sample

Business Sale Agreement Template UK

Editable – Printable



Business Sale Agreement Template UK

1. Seller Information


2. Buyer Information


3. Business Details


4. Sale Terms

5. Payment Structure

6. Assets Included in Sale

7. Liabilities Assumed by Buyer

8. Conditions Precedent

9. Warranties and Representations

10. Confidentiality Agreement

11. Termination Conditions

12. Signatures and Agreement Confirmation

13. Declaration and Signatures




PDF


WORD

Examples


Business Sale Agreement Template UK (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]
[Buyer’s Phone]
[Buyer’s Email]
Introduction:
This Business Sale Agreement outlines the terms for the sale of [Business Name], which will be effective from [Effective Date].
Clause 1: Business Description
The Seller agrees to sell and the Buyer agrees to purchase the business known as [Business Name] located at [Business Address], including all assets, inventory, and goodwill.
Clause 2: Purchase Price
The total purchase price for the business is [Amount], to be paid as follows: [Payment Schedule, e.g., deposit amount and remaining balance].
Clause 3: Closing Date
The completion of this sale will take place on or before [Closing Date], at which time possession of the business shall be transferred to the Buyer.
Clause 4: Representations and Warranties
The Seller represents and warrants that: [List representations, such as ownership of the business and the legality of transactions].
Clause 5: Confidentiality
Both parties agree to keep all terms of this Agreement and any proprietary information confidential.
Clause 6: Governing Law
This Agreement shall be governed by the laws of [Jurisdiction, e.g., England and Wales].
Signed in [City], [Date].
Sincerely,
[Signature of the Seller]
[Name of the Seller]
[Signature of the Buyer]
[Name of the Buyer]
Business Sale Agreement Template UK (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]
[Buyer’s Phone]
[Buyer’s Email]
Introduction:
This agreement sets forth the understanding between the Seller and the Buyer regarding the sale of [Business Name], effective from [Effective Date].
Clause 1: Sale of Assets
The Seller will sell and the Buyer will purchase the assets of [Business Name], including but not limited to [List specific assets, such as equipment, inventory, and permits].
Clause 2: Purchase Price and Payment Terms
The total purchase price is [Amount], payable as follows: [Detail the payment structure, including down payment and financing terms if applicable].
Clause 3: Conditions Precedent
This Agreement is subject to the following conditions: [List any conditions, such as obtaining financing, approvals, or permits].
Clause 4: Indemnification
The Seller agrees to indemnify the Buyer for any potential liabilities incurred prior to the closing date.
Clause 5: Non-Compete Clause
The Seller agrees not to engage in any business that competes with [Business Name] for a period of [Time Period] within [Geographic Area].
Signed in [City], [Date].
Sincerely,
[Signature of the Seller]
[Name of the Seller]
[Signature of the Buyer]
[Name of the Buyer]

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Business Sale Agreement Template UK