Sample Letter of Intent to Purchase Business

When a buyer is interested in purchasing a business, a Letter of Intent to Purchase a Business will need to be sent to the owner. This letter will entail the intent of the sale, a list of agreement terms, and steps to complete the sale. A Sample Letter of Intent to Purchase a Business can be found through the link below.

To write a Letter of Intent to Purchase a Business, include the following information:

1. Today's date and the buyer's and seller's name and address.
2. A line stating that this letter is a "Letter of Intent to Purchase [Business Name]."
3. Explain in the opening lines that this letter serves as intent to purchase [Business Name] from [Seller's Name] to [Buyer's Name].
4. List the name of the seller, the buyer, and name of the business.
5. Include the purchase price that has been agreed upon as of the date of this letter.
6. If there will be additional property included in the sale (such as an office, office equipment, or supplies) include all items and the value of each item.
7. Detail how the payment(s) will be made, on what date, and when final payment to complete the sale is due.
8. Signature and date section for the buyer and seller.

Not what you need? Check out these related templates:

• Generic Letter of Intent to Purchase Business;
• Letter of Intent for a Job;
• Letter of Intent to Purchase Real Estate.