Letter Of Intent To Purchase Business

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LETTER OF INTENT TO PURCHASE BUSINESS

[DATE]

Dear [RECIPIENT NAME],

This letter establishes the intention of [Name of Buying Company] acquiring all the assets of [COMPANY NAME].

We have discussed over the phone on [DATE 1] about the initial offer of our proposal. I have attached to this letter the documents containing the full terms and conditions of the agreement, including the price and mode of payment. However, the terms and conditions stated in the documents are open to further negotiations.

We would require that you keep the intent of acquisition private until the agreement has been completed. If you accept the terms and conditions specified in the enclosed documents, you may provide your written acceptance to initiate the final purchase agreement for the said assets. Should you want to discuss this further, call me at [YOUR PHONE NUMBER] or email me at [YOUR EMAIL ID].

Regards,

[YOUR SIGNATURE]

[YOUR NAME]