Letter of Intent to Purchase Business
We offer you two professional attorney-drafted letters 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.
A letter of intent to purchase a business is used by the buyer and seller to determine whether or not there is sufficient agreement between them in order for them to proceed 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.
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The purpose of the non-binding letter of intent is make sure that the buyer and seller agree on the major points of the purchase and sale of the business. In 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 to purchase a business covers the following topics:
- 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 upon 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
1) 100% money-back guarantee.
2) Fast and easy checkout, available for immediate download after ordering. This document is yours to use whenever you need it for as long as you like.
3) Technical support is available 7 days per week should you need help accessing your forms.
Letter of Intent Ordering Options:
1) Letter of intent to purchase entire business
- Price - $19.95
- Click Here to Order - Windows & Macintosh
2) Letter of intent to purchase business assets only
- Price - $19.95
- Click Here to Order - Windows & Macintosh
System Requirements:
Any Windows® or Macintosh® computer that can read rich text (RTF) or word documents.