Business Sale Agreement
A Business Sale Agreement is used to clearly set out all relevant terms of the sale when selling or buying a business.
Last updated October 23, 2025
Suitable for Australia
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Frequently asked questions
Use this Business Sale Agreement if:
- You have negotiated the sale/purchase of a business;
- You want to set out the terms and conditions of the sale/purchase;
- You are a small to medium sized business and need a concise sale document to limit liabilities.
What does the Business Sale Agreement cover?
- Transfer of ownership of assets;
- Particular assets to be transferred;
- Confidentiality;
- Any conditions precedent;
- Employees;
- Relevant warranties; and
- Restraint clause
Other documents you may need:
View Sample Business Sale Agreement
The Legal Risk Score of a Business Sale Agreement Template is Medium
Our legal team have marked this document as medium risk considering:
- There is a risk that either party may fail to fulfill their obligations by the stipulated completion date, which could lead to financial losses or legal complications.
- There is a possibility that the information provided about the business or assets might not be entirely accurate or complete, potentially leading to unforeseen liabilities or disputes post-completion.
- The transition of employees may not proceed smoothly, either due to refusal of employees to transfer to the new employer or due to discrepancies in the handling of their accrued entitlements, which could affect business operations and incur additional costs.
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