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Letter of Intent to
Purchase a Business

A letter of intent to purchase a business is a preliminary and usually non-binding agreement that precedes a formal written purchase and sale agreement.

We offer you two professional attorney drafted letters of intent to purchase a business

letter
The last review and update of our letter of intent to purchase a business was completed in June 2008 by a licensed attorney.

If you live in California Click Here.


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Letter of Intent to Purchase A Business - A letter of intent to purchase a business is used by the buyer and seller to decide whether there is sufficient agreement between them to continue with the purchase and sale of the business. When a letter of intent to purchase a business is drafted, it normally sets forth the basic terms of the proposed transaction and is non-binding.

The goal for a letter of intent is to make sure the buyer and seller agree on the major points of the purchase and sale of the business. This way if there is a disagreement about the transaction, the buyer has not wasted the time and money preparing a detailed purchase agreement. The letter of intent should not be binding as it does not contain enough detail to complete the transaction.

Our letters of intent cover the following areas:

  • Purchase price
  • Assets covered and delivery date
  • Closing date
  • Due diligence period
  • Investigation of the business
  • Consulting arrangement with owner or key employees
  • Confidential information
  • Releasing of public information
  • Expenses
  • Conditions to closing

Once the letter of intent is signed, the buyer will usually begin the due diligence period where they will investigate the business of the seller with or without the help of a CPA and attorney. This period can last anywhere from 20-60 days depending on the agreed time frame between buyer and seller.

We offer you two types of attorney-drafted letters of intent:

  • A letter of intent to purchase the entire business including
    all the assets
  • A letter of intent to purchase only the assets of a business

Fast and easy checkout, available for immediate download after ordering. They are yours to use whenever needed for as long as you like. Technical support is available 7 days a week should you need
help accessing your forms.

1)  Attorney-drafted agreements
2)  Payment made on secure servers
3)  Major credit cards accepted
4)  100% money-back guarantee
Pen Writing

We Accept All Major Credit Cards

Immediate Access to Forms After ordering.

Ordering Options

If you need additional contracts to purchase a business or a due-diligence checklist for buying a business Click Here.

System Requirements:

Any Windows® or Macintosh® computer that can read rich text or word documents.