This Offer to Purchase Assets of a Business is between the seller and purchaser of the assets of a business. This agreement sets out the specific terms of the offer including the assets purchased, purchase price, how the purchase price will be paid, date of closing and lease of the business premises. It also includes the scope of the documents which should be delivered at closing. It is important that this business offer be set out in writing. This Offer to Purchase Assets of a Business will prove invaluable in the event of misunderstandings or litigation.

This Offer to Purchase Assets of a Business includes the following provisions:

• Parties: Sets forth the name of the seller and buyer of the business assets;
• Payment of Purchase Price: How buyer will pay and satisfy the purchase price at closing;
• Closing Date: Sets forth the date, time and location of the closing;
• Normal Course of Business: Seller will carry on the business as usual until the closing date;
• Lease of Premises: Seller will provide buyer with a copy of the lease to the business premises and buyer will obtain landlord’s consent to an assignment of the lease;
• Deliveries at Closing: Sets forth the specific documents both parties shall deliver at the time of closing;
• Non-Compete: Sets out that seller will deliver buyer a non-competition agreement at closing;
• Signatures: Both buyer and seller must sign this offer in the presence of witnesses;
• Assets: The assets of the business are set forth in detail on Schedule A.

Protect your rights and your business by using our attorney-prepared forms.

This attorney-prepared packet contains:

1. General Instructions
2. Offer to Purchase Assets of Business

State Law Compliance: This form complies with the laws of all states