You can open the Letter Of Intent To Sell A Business Template in multiple formats, including PDF, Word, and Google Docs.
Letter Of Intent To Sell A Business Template Printable | Editable FormSample
Examples
[Seller’s Name]
[Seller’s ID]
[Seller’s Address]
[Seller’s Phone]
[Seller’s Email]
[Buyer’s Name]
[Buyer’s ID]
[Buyer’s Address]
This Letter of Intent (LOI) outlines the preliminary understanding between the Seller and the Buyer regarding the potential sale of [Business Name] located at [Business Address].
The Seller intends to sell and the Buyer intends to purchase [percentage]% of the business shares/assets of [Business Name] under the terms outlined herein.
The proposed purchase price for the business is $[Amount], subject to adjustments based on due diligence findings and final negotiations.
The Buyer will have a period of [Number of Days] days from the date of this LOI to conduct due diligence on the business operations, financial statements, and any other pertinent information.
Both parties agree to keep all information related to this transaction confidential and not disclose it to any third parties without prior written consent.
This Letter of Intent is non-binding and does not constitute a definitive agreement. A formal sales agreement will be executed upon completion of due diligence and agreement on final terms.
[Signature of the Seller]
[Name of the Seller]
[Signature of the Buyer]
[Name of the Buyer]
[Seller’s Name]
[Seller’s ID]
[Seller’s Address]
[Seller’s Phone]
[Seller’s Email]
[Buyer’s Name]
[Buyer’s ID]
[Buyer’s Address]
This Letter of Intent (LOI) serves as an initial outline of the Seller’s intention to sell their business, [Business Name], to the Buyer.
The business is engaged in [describe nature of business]. The Seller outlines that the business is well-established, with [number] years of operation and a stable customer base.
The parties agree to negotiate in good faith regarding the sale price, estimated at $[Amount], and any contingencies that may arise during the sales process.
The parties aim to complete the transaction by [target date], contingent upon successful negotiations and satisfactory completion of due diligence.
Both parties will be responsible for their own legal and advisory costs incurred during the negotiation and execution of this transaction.
This LOI shall be governed by the laws of [State/Country].
[Signature of the Seller]
[Name of the Seller]
[Signature of the Buyer]
[Name of the Buyer]
Format
Please complete the form below to create the Letter of Intent to Sell a Business Template. 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 to Sell a Business Template 1. Seller Information 2. Buyer Information 3. Business Details 4. Transaction Overview 5. Purchase Price 6. Terms of Payment 7. Due Diligence Period 8. Confidentiality Terms 9. Exclusivity Period 10. Representations and Warranties 11. Signatures and Acceptance 12. Declaration and Signatures
PDF
WORD
Google Docs
Letter Of Intent To Sell A Business Template Printable | Editable FormPrintable
