Business Sale Agreement

WHAT’S IT FOR?

If you are selling a business, it is important that you negotiate and sign a legally binding Business Sale Agreement with the purchaser of your business. The agreement will set out the purchase amount, list the assets that are included as part of the sale, and include other provisions to reflect the details of the deal you have agreed with the purchaser. As a seller, it is important to ensure this agreement is drafted correctly, to confirm your rights to payment and ensure you are protected from from liability for issues that may occur with the business after the sale.

WHAT’S INCLUDED?

We’ll draft a Business Sale Agreement according to the requirements of your business.

This package includes:

• Drafting a Business Sale Agreement in accordance with the requirements of your business
• Phone consultations (up to 60 minutes) with a Sprintlaw lawyer who will take your instructions, advise you on the legal issues you need to know and answer your questions about the agreement
• 1 x complimentary amendment to the final draft we provide you, as long as you request the amendment within 10 business days of us delivering the final draft

Please note that this is a limited-scope package for contract-drafting. This package does not include any other assistance with the business sale process, such as negotiations or correspondence with the buyer or their lawyers. 

This scope also assumes that the transaction does not involve any employment or other compliance issues, and does not include us conducting any due diligence on the business, advising on tax, or attending signing or settlement.

If you need any assistance with the business sale beyond the drafting of the Business Sale Agreement, please let our team know and we can quote you for a more comprehensive service.