Offer to Buy a Business Template

How to Write a Proposal to Buy a Business?

A Proposal to Buy a Business should be developed after an individual has researched a business and decided they want to buy it. The main parts that a document should consist of include the following:

1. Introduction . In the first part of the document, a filer should state their intent to buy a business. Sometimes it can be useful to make a refundable good faith deposit ad mention it in this part of the document.
2. Information about the Business . An individual should state the full address and the name of the company they would like to buy, as well as describe the nature of the business.
3. Subject . In this part, individuals should list all the assets they want to buy, including real estate, equipment, machinery, etc.
4. Purchase Price . Here an individual should designate how much they are willing to pay for a business and the details of the transaction.
5. Debt Resolution . Filers use this part of the offer to show how the debts and the liabilities of the business will be resolved (if applicable).
6. Down Payment . How the down payment will be made and if it is out of the financing should be mentioned as well.
7. Monthly Payments . The amount, duration, and other information about monthly payments must be entered here.
8. Other Terms and Conditions . Any other conditions under which a buyer wants to close the deal should be stated in this part of the offer.
9. Contact Information . A prospective business buyer should provide their contact information for the business owner in case they have any questions.

An individual can change the contents of the Offer to Buy a Business depending on their needs and the circumstances of the situation. A business buyer should consider making an arrangement with a business broker before sealing the deal.

Looking for something else? Check out these related files:

• Business Sale Agreement;
• Business Purchase Agreement;
• Business Contract.