SALE OF BUSINESS NSW

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✔  Crafted by Australian legal professionals

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At a Glance

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

  • Covers all aspects of a business sale, including assets, liabilities, and contracts

  • Detailed provisions for consideration and deferred payments

  • Vendor warranties and indemnities

  • Restrictive covenants protecting goodwill and intellectual property

  • Procedures for settlement and post-completion obligations

  • 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?

  • Vendors selling a business in Australia

  • Purchasers seeking a secure contract framework

  • Lawyers, accountants, and business advisors

  • Businesses needing a legally enforceable sale contract


✨🎁 FREE with this download:

  • Checklist: Acting for the Vendor

  • 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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✔  Australian-law-compliant