You can open the Letter Of Intent Template Business Purchase in multiple formats, including PDF, Word, and Google Docs.
Letter Of Intent Template Business Purchase Printable | Editable FormSample
Examples
[Name of Buyer]
[Buyer’s ID]
[Buyer’s Address]
[Buyer’s Phone]
[Buyer’s Email]
[Name of Seller]
[Seller’s ID]
[Seller’s Address]
This Letter of Intent (LOI) outlines the preliminary understanding between the parties regarding the intended purchase of [Business Name] by [Name of Buyer].
The purpose of this LOI is to summarize the terms under which the Buyer intends to acquire the Seller’s business as a going concern.
The business being purchased is described as follows: [Provide a detailed description of the business, including assets, liabilities, and operations].
The parties agree that the purchase price for the business will be [Amount], to be paid as follows: [Specify payment terms].
The Buyer will have [Number] days to conduct due diligence on the Seller’s business and financial records prior to finalizing the purchase agreement.
Both parties agree to keep all information exchanged confidential and not to disclose it to any third parties without prior written consent.
This Letter of Intent is non-binding and solely reflects the intentions of the parties. A formal purchase agreement will be executed following due diligence.
[Signature of the Buyer]
[Name of the Buyer]
[Signature of the Seller]
[Name of the Seller]
[Name of Buyer]
[Buyer’s ID]
[Buyer’s Address]
[Buyer’s Phone]
[Buyer’s Email]
[Name of Seller]
[Seller’s ID]
[Seller’s Address]
This LOI is intended to outline the general terms and conditions concerning the proposed acquisition of [Business Name] by [Name of Buyer].
The Buyer intends to acquire 100% of the shares of the business located at [Business Address], including all associated intellectual property and assets.
The proposed purchase price is set at [Amount], with the following payment structure: [Detail payment structure, e.g., deposit, installments, etc.].
The parties aim to complete the transaction by [Target Completion Date], following the successful completion of due diligence.
The Seller agrees to grant access to all necessary business records and operations to facilitate the Buyer’s due diligence process.
This LOI shall be governed by the laws of [Jurisdiction].
The Seller agrees to assist with the transition of the business for a period of [Number] months following the closing of the transaction.
[Signature of the Buyer]
[Name of the Buyer]
[Signature of the Seller]
[Name of the Seller]
Format
Please complete the form below to create the Letter of Intent Template for Business Purchase. All fields must be filled out to ensure a clear and complete agreement. We provide examples to guide you through each step. Letter of Intent for Business Purchase 1. Buyer Information 2. Seller Information 3. Business Information 4. Purchase Price 5. Terms of Purchase 6. Due Diligence Period 7. Confidentiality Agreement 8. Conditions Precedent 9. Non-Binding Statement 10. Acknowledgment and Signatures 11. Declaration and Signatures
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Letter Of Intent Template Business Purchase Printable | Editable FormPrintable
