A complete agreement for the sale of an entire business as a going concern, covering purchase price, representations and warranties, non-compete provisions, and transition obligations. Suitable for stock or membership-interest sales.
The Business Sale Agreement is a ready-to-use corporate & business template you can send for signature in minutes. It is written for 2 signers (buyer and seller) and, by default, expires 30 days after it is sent if left unsigned. It covers business sale, acquisition, stock purchase, corporate. Like every Abundera Sign template it is a convenience draft structured for ESIGN Act and UETA compliance, not a substitute for legal advice. Each signed copy is sealed with PAdES-LTA digital signatures, dual RFC 3161 timestamps, and a tamper-evident evidence package in WORM storage.
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# Business Sale Agreement This Business Sale Agreement (this "Agreement") is entered into as of ___________ (the "Effective Date"), by and between: **Seller:** ___________, a ___________ organized under the laws of the State of ___________, with its principal place of business at ___________ ("Seller"); and **Buyer:** ___________, a ___________ organized under the laws of the State of ___________, with its principal place of business at ___________ ("Buyer"). The Parties agree as follows: --- ## ARTICLE 1 — SALE OF BUSINESS INTERESTS ### 1.1 Sale of Interests Subject to the terms and conditions of this Agreement, at the Closing (as defined herein), Seller agrees to sell, transfer, assign, and convey to Buyer, and Buyer agrees to purchase and acquire from Seller, ___________% of the issued and outstanding ___________ (the "Interests") of ___________ (the "Company"), free and clear of all Liens (as defined in Article 11). ### 1.2 Nature of Transaction This transaction is structured as a ___________. After the Closing, the Company shall continue as a going concern with Buyer as the owner of the Interests, and all assets, liabilities, contracts, employees, and operations of the Company shall remain with the Company. ### 1.3 Business Description The Company operates the following business: ___________ (the "Business"). --- ## ARTICLE 2 — PURCHASE PRICE ### 2.1 Purchase Price The total purchase price for the Interests shall be ___________ (___________ Dollars) (the "Purchase Price"), subject to adjustment as provided herein. ### 2.2 Payment Structure The Purchase Price shall be paid as follows: (a) **Closing Payment.** At the Closing, Buyer shall pay ___________ by wire transfer of immediately available funds to an account designated by Seller in writing at least three (3) business days prior to the Closing Date (the "Closing Payment");