A Letter of Intent to Purchase Business Assets is a formal notification prepared by the prospective buyer of a business to inform the current owner of the company about their wish to buy the valuable resources of the business. Whether your goal is to purchase every item the organization owns becoming the business owner or you want to offer a good price for the inventory, equipment, or copyrights of the business, you may use this letter as the first step in negotiations with the individual who owns the company at the moment.
You can download a sample Letter of Intent to Purchase Business Assets through the link below. While this document is not legally binding, it can significantly reduce the time the parties will spend on negotiations if the future buyer shares their plans and expectations straight away and discourage competitors that may be after the same assets. Identify the parties, indicate the purchase price you are comfortable with and tell the letter recipient whether you are ready to bargain, list the assets you are interested in, and state which party will be responsible for the closing costs of the transaction.
Haven't found the sample you're looking for? Take a look at the related samples and templates below: