SALE OF BUSINESS NSW
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At a Glance
A Sale of Business Contract is where one party (the seller) wants to sell their business to another party (the buyer).
In the event that the sale and purchase of the business includes the buyer purchasing real estate or taking over a lease then we recommend that legal advice be sought.
A Contract for Sale of Business up to date with recent changes in commercial leasing and other legislation affecting the sale of business.
Contract for Sale of Business (Australia)
About This Agreement
This Contract for Sale of Business is a comprehensive legal document used when selling or purchasing a business in Australia. It sets out all key terms, including the sale of assets, consideration, completion steps, warranties, liabilities, restrictive covenants, and governing law
Contract for Sale of Business -…
The contract provides certainty for both vendor and purchaser, ensuring that assets such as goodwill, intellectual property, stock, leases, and licences are properly transferred. It also includes clauses for indemnities, warranties, employee entitlements, and dispute resolution.
Key Features
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Covers all aspects of a business sale, including assets, liabilities, and contracts
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Detailed provisions for consideration and deferred payments
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Vendor warranties and indemnities
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Restrictive covenants protecting goodwill and intellectual property
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Procedures for settlement and post-completion obligations
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Governing law and jurisdiction under Australian law
Why Choose This Download?
This contract is a professionally drafted legal template tailored for Australian business sales. It provides clarity, reduces risk, and ensures compliance with the requirements for selling a business. Unlike generic versions, this template is complete, detailed, and ready to use immediately.
Who Should Use It?
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Vendors selling a business in Australia
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Purchasers seeking a secure contract framework
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Lawyers, accountants, and business advisors
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Businesses needing a legally enforceable sale contract
✨🎁 FREE with this download:
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Checklist: Acting for the Vendor
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Checklist – Sale of Business
INCLUDES
Covers the following essential items:
Definitions & Interpretation
Key Person and guarantor
Sale and purchase
Price
Finance
GST
Title and risk
Continuation of business
Work orders
Vendor assistance
Access to records and copies
Completion
Stock
Adjustments
Creditors
Debtors
Transfer of premises lease
New lease
Transfer of franchise
Lease and hire agreements
Business agreements and arrangements
Employees
Superannuation
Restraint
Vendor Warranties
Warranties of the purchaser
Limits on warranties
Notice to complete
Guarantees
Termination of contract
Disputes
General Provisions
List of Annexures
21 pages long.
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