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Business Purchase Offer Letter
"I need a Business Purchase Offer Letter for acquiring a small technology consulting firm in Ontario, Canada, with a proposed purchase price of $2.5M, including both assets and intellectual property, with closing targeted for March 2025."
1. Date and Address Block: Current date and full business address of the recipient
2. Recipient Information: Name and title of the person authorized to receive the offer
3. Subject Line: Clear indication that this is an offer to purchase the business
4. Introduction: Brief introduction identifying the potential buyer and stating the purpose of the letter
5. Business Identification: Clear identification of the business being offered to purchase, including legal name and location
6. Purchase Price: Proposed purchase price and payment terms, including any earnest money deposit
7. Assets/Shares Included: Specification of whether this is an asset or share purchase, and what is included/excluded
8. Key Terms and Conditions: Essential conditions of the purchase, including timing and major contingencies
9. Due Diligence: Outline of the due diligence process and requirements
10. Timeline: Proposed timeline for the transaction, including key milestones
11. Offer Validity: Period for which the offer remains valid
12. Closing Statement: Professional closing with next steps and contact information
13. Signature Block: Space for signatures of both parties, including titles and dates
1. Financing Contingency: Include when the purchase is dependent on securing specific financing arrangements
2. Employee Retention: Include when there are specific plans or requirements regarding existing employees
3. Non-Compete Provisions: Include when requiring the seller to agree to non-competition terms
4. Transition Period: Include when requesting seller assistance during a transition period
5. Inventory Adjustments: Include for businesses where inventory forms a significant part of the purchase
6. Intellectual Property: Include when IP assets are a crucial part of the purchase
7. Real Estate: Include when the purchase involves property transfers or lease assignments
8. Regulatory Approval: Include when the transaction requires specific regulatory approvals
1. Schedule A - Assets Listing: Detailed list of assets included in the purchase
2. Schedule B - Financial Terms: Detailed breakdown of purchase price, payment terms, and adjustments
3. Schedule C - Due Diligence Requirements: List of documents and information required for due diligence
4. Schedule D - Key Employees: List of key employees and any special arrangements
5. Schedule E - Excluded Assets/Liabilities: Clear listing of any assets or liabilities excluded from the transaction
6. Appendix 1 - Proof of Funds: Documentation showing buyer's ability to complete the purchase
7. Appendix 2 - Corporate Authorization: Evidence of authority to make the offer (if buyer is a corporation)
Authors
Retail
Manufacturing
Technology
Professional Services
Healthcare
Hospitality
Real Estate
Construction
Transportation
Agriculture
Energy
Mining
Financial Services
Education
Entertainment
Telecommunications
Legal
Finance
Corporate Development
Mergers & Acquisitions
Executive Leadership
Business Development
Strategy
Commercial
Risk Management
Compliance
Due Diligence
Chief Executive Officer
Chief Financial Officer
Business Development Manager
Corporate Lawyer
Managing Director
Business Owner
Merger & Acquisition Specialist
Investment Banker
Corporate Development Director
Business Broker
Financial Controller
Commercial Director
Legal Counsel
Board Member
Company Secretary
Acquisition Manager
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