Buying and selling a business
Sale of Business Agreement (Simple)
Sell or buy a small business with a clear contract covering price, assets, stock, employees and a restraint.
Before you start
- Is this agreement right for you: it is designed for a business in NSW that is run from 1 leased premises in NSW, where the lease is being assigned to the Purchaser and no land (freehold or strata title) is included. If the business has more than 1 site, owns its premises or includes land, you need a different agreement.
- Party details: full legal names, ABN or ACN, addresses and emails of the Vendor and the Purchaser. If the Vendor is a company, the names and addresses of each director and owner (the Key Persons).
- The lease: a copy of the lease, the lessor's details, and whether it is a retail shop lease.
- Assets: a list of plant and equipment (with serial numbers for vehicles and other serial numbered items, and whether each item is a fixture), contracts and licences, the business name, and any excluded assets.
What you get
- The finished document in Word, completed from your answers
- A plain-English guide to completing, signing and keeping it
- DIY straight away, or a solicitor check within 1 to 3 business days
How it works
- Answer the questions, in 8 short steps.
- See your fixed price and pay.
- DIY documents download straight away. Solicitor-checked documents arrive within 1 to 3 business days.