Business Purchase Letter Format
Business Purchase Letter Format
[Your Company Name]
[Your Company Address]
[City, State, Zip Code]
[Your Company Number]
[Your Company Email]
[Your Company Website]
[Date]
[Seller's Name]
[Seller's Business Name]
[Seller's Address]
[City, State, Zip Code]
[Phone Number]
[Email Address]
Subject: Letter of Intent to Purchase [Product/Business Name]
Dear [Seller's Name],
I hope this letter finds you well. I am writing to express my interest in purchasing [describe the product, service, or business you wish to acquire] from [Seller's Business Name]. After carefully considering the potential benefits of this acquisition, I believe that it would be a valuable addition to my business operations.
The details of the proposed purchase are as follows:
1. Purchase Item(s):
-
[List or describe the specific products, assets, or business you intend to purchase]
2. Purchase Price:
-
The proposed purchase price for the [product/service/business] is [$XXX.XX], subject to any necessary adjustments following due diligence.
3. Payment Terms:
-
The payment will be made via [payment method] as follows:
-
Initial deposit: [$XXX.XX]
-
Remaining balance: [$XXX.XX] payable within [number of days/weeks]
-
4. Closing Date:
-
We propose a closing date for the transaction on [specific date], subject to mutual agreement and the completion of due diligence.
5. Due Diligence:
-
The purchase is contingent upon the successful completion of a due diligence process, during which I would like to review relevant financial documents, contracts, and other pertinent information related to the business/product.
6. Conditions:
-
[List any additional conditions that apply to the purchase, such as warranties, contingencies, or other legal obligations]
Please let me know if you would be open to discussing the details of this proposal further. I am happy to arrange a meeting or provide additional information as needed. I look forward to the opportunity to move forward with this purchase and hope we can reach a mutually beneficial agreement.
Thank you for considering this offer. I look forward to your response.
Sincerely,
[Your Name]
[Your Position/Title]
[Your Company Name]