Business

Business Purchase Agreement

Put the sale of a business on paper — the price, what's included, what's promised, and how closing happens.

Create My Business Purchase Agreement See What’s Included
$29.99 one-time — or unlimited from $99/yr
Category:
Business
Time:
Minutes
Formats:
PDF & Word
Works for:
Buyers & sellers

BUSINESS PURCHASE AGREEMENT

Prepared with BizDocs

Prepared for Cedar & Main Properties · July 25, 2026.

1. Buyer, seller, and the business

The parties and exactly what business is changing hands.

2. Purchase price and payment

The price, deposit, and how the balance is paid.

3. Assets, liabilities, and closing

What transfers, what doesn't, and closing conditions.

…

Signature
Signature
What’s included

What your Business Purchase Agreement covers

your answers shape each section — anything that doesn’t apply stays out
Parties and business details — Buyer, seller, and the business being sold
Purchase price and payment terms — Price, deposit, financing, and payment schedule
Included assets — Equipment, inventory, goodwill, IP — and what's excluded
Liabilities and debts — Which obligations transfer and which stay behind
Representations and warranties — What each side promises is true
Closing conditions and date — What must happen before the deal completes
The plain-English briefing

What is a Business Purchase Agreement?

A Business Purchase Agreement is the contract that transfers a business from seller to buyer — recording the price and payment terms, the assets and liabilities included, each side's representations, and the conditions that must be met before closing.

Most deals are structured as asset purchases (the buyer picks up specific assets and leaves the entity behind) or stock purchases (the buyer takes the entity whole). The builder supports both as variants of this document.

Why it matters

A handshake business sale leaves the hardest questions — what exactly was included, which debts came along, what was promised about revenue — to be argued about later. This agreement answers them before money moves.

How it works

Three steps to a finished document

1

Answer questions

Plain-English questions about your situation, parties, and terms.

2

Review the document

Read what was written from your answers and fine-tune any section.

3

Download & use

Export as PDF or Word — and come back to edit any time.

Fair questions

Business Purchase Agreement questions

In an asset sale the buyer purchases specific assets and typically leaves the entity and its liabilities behind; in a stock sale the buyer acquires the entity itself, obligations included. This document supports both — choose the variant that matches your deal.
The total price, any deposit or escrow, how the balance is paid (cash at closing, seller financing, earnout), and how price is allocated across assets — which has tax consequences for both sides.
Yes. Review financials, contracts, leases, taxes, and liabilities before you commit — and pair this agreement with an NDA during negotiations. The representations section then backs up what you were shown.
Yes. Your answers shape the sections and language of the final document — including your parties, terms, and where relevant your state — so you're not left editing a generic template.
Your finished document downloads as both a polished PDF and a fully editable Microsoft Word (.docx) file, professionally formatted and ready to use.
Yes — every BizDocs document is fully editable. Update names, dates, terms, and entire sections before downloading, or download the Word version and edit it anywhere.
Often created together

Documents that pair with this one

Legal

Non-Disclosure Agreement

Protect confidential information while you negotiate the deal.
Business

Partnership Agreement

Roles, ownership, and profit splits between business partners.
Finance

Promissory Note

A signed promise to repay — the backbone of seller financing.

Your agreement is minutes away.

Answer a few questions and download your customized document today.

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