Business Purchase Contract - 4442 Downloads

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Business Purchase Contract
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Downloads: 4442
Uploaded on: 2015-11-06 13:21:00
File Name: Business-Purchase-Contract.docx
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Business Purchase Contract explains the terms of the sale. It is vital to have a contract when transferring ownership of a business and it may be wise to involve an attorney in the process. Buying or selling a business is a significant event and a legal and binding contract is a necessity. The business purchase contract format should list the buyer and seller involved in the contract and the date that the purchase takes effect. The address of the purchased business should be listed along with any equipment and other property that is included in the purchase. The price that is being paid for the business and the terms of payment should be detailed. Both the buyer and seller should sign the document. This sample business purchase contract is for a cupcake shop that is purchasing another establishment that makes cupcakes and is located in the same town. The buyer of the shop is acquiring the building and all appliances and equipment, and the buyer will be changing the name of the shop.

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