Hot food takeaway business purchase agreement: comprehensive document covering stock, transfer of lease, website, full warranties, single or multiple outlets.
Business sale agreement
Takeaway food retailer
1 review
Rs.4999.00
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Document properties
- Length:22 pages (6800 words)
- Available in:
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RTF
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About this document
This is a comprehensive agreement for the sale and purchase of a business by an individual, a company or any other organisation.
Note: not suitable for sale of shares in a company.
It is usual for the buyer to produce the sale document but there is no reason why the seller should not obtain an advantage by providing the first draft.
Warranties have been used only so far as appropriate to the subject matter of the sale. The drafting notes contain a thorough explanation of how warranties work.
The purchase price may be apportioned among the assets to assist in tax planning.
Contents
- Interpretation
- Agreement for Sale
- The Purchase Price
- Items to be delivered at completion
- Completion
- Stocks
- Debtors
- Creditors and Liabilities
- Tax
- Warranties by the Seller
- Future Activities
- The Guarantor
- Communications
- Miscellaneous Matters
- Jurisdiction
Warranties covering
- Assets
- Stocks
- Accounts
- Employees
- Suppliers and customers
- Licences, consents and passwords
- Insurance
- Statutory restrictions
- Litigation
- Seller’s activities
- Contracts
- Properties
- Leasehold properties
- Intellectual property
- Internet domain names
Reviews of this document
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Recent reviews
I used this document as a basis for the acquisition of a bakery from the owner (a friend of mine). I am a retired barrister having worked all my professional life in the motor industry. I have done acquisitions of businesses during that time but I have not practised for ten years now. Your precedent made sure I covered all the bases. I did not disagree with any aspect of it but, of course, there were features that were more or less close to exactly what I wanted, as I expected. It was easy to adapt as necessary. The point is, it gave me the reassurance I needed that I would pick up on anything that has changed in the last ten years. I chose your firm because it was NOT free. I distrusted those that appeared to be free because I did not know what I was letting myself in for!
Charles Vacy-Ash
Review of the United Kingdom version
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