ASSET SALE AGREEMENT

Crafted by legal professionals in Australia, our documents are not only legally sound but also easily customisable to suit your needs.

Every purchase includes a free drafting handbook to guide you step-by-step.

✔  Crafted by Australian legal professionals

✔  Free drafting handbook Included

✔  Fully editable Word Format

 

🛒 Purchase → ⬇️ Download Instantly → ✏️ Customise & Use

At a Glance

Asset Sale Agreement (Australia)

 

About This Agreement

An Asset Sale Agreement sets out the terms for the sale and purchase of a business’s assets, including goodwill, stock, plant and equipment, contracts, and licences. This template outlines the obligations of both vendor and purchaser from signing to completion, ensuring clarity and legal protection.

Key Features

  • Defines assets included and excluded from the sale

  • Clear purchase price and apportionment across goodwill, plant, stock, and contracts

  • Vendor and purchaser obligations before and at completion

  • Transfer of customer orders, contracts, and statutory licences

  • Provisions for employees, leave entitlements, and continuity of service

  • Vendor and purchaser indemnities and liability allocation

  • Comprehensive warranties covering solvency, assets, employees, and property

  • GST, tax, and stamp duty clauses

  • Confidentiality, notices, and governing law provisions

 

Why Choose This Download?

This Asset Sale Agreement is a detailed, professionally drafted legal template created for Australian business sales. It ensures the smooth transfer of assets while protecting both parties with warranties, indemnities, and dispute resolution procedures. Unlike generic documents, this template is comprehensive, practical, and enforceable under Australian law.

Who Should Use It?

This agreement is suitable for:

  • Vendors selling part or all business assets in Australia

  • Purchasers acquiring goodwill, stock, equipment, and licences

  • Lawyers and advisors managing asset transfers

  • Businesses needing a complete, enforceable contract to protect their transaction

INCLUDES

  • Defined terms & interpretation
  • Conditions
  • Sale and purchase
  • Purchase Price
  • Obligations before Completion
  • Completion
  • Apportionable Outgoings and final payment of Purchase Price
  • Customer Orders
  • Title and risk
  • Trading and other responsibilities
  • Assumed Contracts
  • Employees
  • Book Debts
  • Motor vehicles
  • Warranties
  • Capacity
  • After Completion
  • GST
  • Notices and other communications
  • Miscellaneous

Business Sale Agreements with Annexures to the Contract are divided up into Schedules. Unwanted schedules can be deleted depending on the circumstances.

  • Schedule 1 – Apportionment of Purchase Price
  • Schedule 2 – Plant and Equipment
  • Schedule 3 – Warranties
  • Schedule 4 – Business Contracts
  • Schedule 5 – Property Lease
  • Schedule 6 – Employees
  • Schedule 7 – Statutory Licences
  • Schedule 8 – Employee offer letters
  • Schedule 9 – Client List

39 pages

 Get Your Template

Fully editable & ready to download instanty

 Instant download + free drafting Guide.

 

✔  Secure checkout

✔  Instant Download

✔  Australian-law-compliant