Business Law > Agreements or contracts > Sale of a business

Sale of a business

Your agreement for sale of business allows you to set out the different terms and conditions to the sale transaction...more

Answer the questionnaire.

Print your sale agreement.

Sign it.

On payment the document will be instantly generated
Starting from $150 * Details
Have your questionnaires reviewed by a member of our legal team for an additional $60
Description
  • The agreement for sale of business is an agreement reached between the seller of a business, which is sometimes commonly called the "goodwill", and the purchaser.
  • The agreement for the sale of business enables you to set forth the various terms and arrangements made between the parties.
  • If the sale of the business includes a real estate property, this type of property must then be subject to a separate sale agreement, since the sale of a real estate property requires the signing of a notarized deed.
  • The agreement for sale of business, available on this website, is a document that contains the main provisions whereof an overview can be found in the "Summary" tab above.
  • This is a document that will meet your needs for a relatively simple sale of business. For a sale of business of which conditions are more complex, especially for a transaction with a balance of sale price or for a transaction including the sale of an immovable/real estate property, we invite you to contact  .

Other services offered

Business purchase offer RDPRM - Preliminary movable property search RDPRM - Search with the vehicle identification number (motor vehicle - trailer)
Options and fees
Price
Sale of a business $150
For the intervention of a third-party as buyer's guarantor $7
To add a non-competition clause $10
To add a non-solicitation of customers clause $10
To add a non-solicitation of personnel clause $10
To add all contractual terms relating to a balance of sale price to be eventually paid by the buyer directly to the seller himself. $7
To obtain the extract of resolution of the seller which is a corporation with the consent of shareholders, where applicable. $7
To obtain the extract of resolution of the buyer which is a corporation $5
Have your questionnaires reviewed by a member of our legal team
- This option requires the intervention of a member of our team, so its cost is never credited.
$60
Guidelines

You may choose to prepare your "Agreement for sale of business" online. Here are the steps to follow:

  • Start the service by clicking on the blue button labelled "Click here to start";
  • If you have not already done so, please sign up;
  • It is recommended that all parties involved in the transaction complete the questionnaire by entering the information required for the preparation of your agreement for the sale of business;
  • It is also advisable for the purchaser to ensure that the assets sold are free of any charge, encumbrance and mortgage by using our "RDPRM preliminary movable property search" service
  • Once you have completed the questionnaire, you pay the required fees with your credit card;
  • Print your agreement and proceed with its signing;

For more complex situations requiring further examination, please contact  .

Summary

Summary of clauses available for the preparation of your agreement for sale of business.

  • Identification of the parties
  • Sale
  • Consideration
    • Price
    • Breakdown of the sale price
    • Adjustments
    • Statements relating to taxes
  • Declarations of the buyer
    • Capacity
    • Assets/Property
    • Residence
  • Declarations of the seller
    • Capacity
    • Assets/Property
    • Human resources
    • Financial management
    • Permit
    • Disputes
  • Obligations of the buyer
  • Obligations of the seller
    • Transition
    • Delivery
    • Non-competition (optional)
    • Non-solicitation of customers (optional)
    • Non-solicitation of personnel (optional)
    • Stocktaking
    • Compensation
    • Layoff
  • Additional clause (The parties may add customized clauses)
  • Closing formalities
Why SCRIPTALEGAL?
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