Agreement

to Sell Business

Get your agreement to sell business drafted starting at just INR 2,999/- only.

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Agreement to Sell Business  

All About Service

What is an Agreement to Sell Business?   

An agreement to sell a business is a legal contract that transfers the ownership of an existing running business from the seller to the buyer. It outlines the terms of sale, sale price, business assets included, liabilities taken over, and the responsibilities of both parties during and after the transfer. Selling a business involves more than handing over operations. Important details like assets, stock, goodwill, employees, licenses, debts, and handover timelines must be clearly mentioned to avoid future disputes. This written agreement protects both the seller and the buyer by documenting every term of the transaction. This agreement can be used to sell any type of business such as retail stores, restaurants, franchises, manufacturing units, professional service offices, or online businesses. A properly drafted agreement ensures clarity, trust, and a smooth transfer of ownership.

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Why Ebizfiling for Agreement to Sell Business?   

Ebizfiling prepares accurate, clear, and customized agreements to sell business that protect both the buyer and seller. Our legal experts ensure that all essential details like business assets, consideration amount, warranties, liabilities, and handover terms are properly covered. Along with this service, we also offer Specific Power of attorney, Mortgage Deed, and Foreign Collaboration Agreement.

For more details, contact 09643203209 or email info@ebizfiling.com or visit ebizfiling.com.

Charges for Agreement to Sell Business

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ESSENTIAL

2999/-

(All Inclusive)

  • Drafting of Business Sale Agreement

 What are the Benefits of an Agreement to Sell Business? 

Ownership Clarity

This agreement clearly defines which assets, rights, and elements of the business are being transferred, ensuring both parties understand the exact scope of sale.

Payment Structure

It sets out the sale price, payment timelines, and mode of payment in clear terms, helping both parties avoid confusion and preventing disputes in the future.

Liability Allocation

The contract explains which liabilities stay with the seller and which move to the buyer, giving both parties strong legal clarity and reducing unnecessary risks.

Handover Planning

It includes timelines, staff arrangements, and operational transition steps so both parties experience a smooth and well coordinated transfer of the business.

Legal Safeguards

A properly drafted agreement reduces misunderstandings and protects both parties by documenting clear rules that help prevent legal conflicts later.

Buyer Confidence

Buyers feel more secure when all sale terms are written clearly, building trust and supporting a confident and successful transfer of business ownership.

 Documents Required for Drafting an Agreement to Sell Business   

Documents for Drafting an Agreement to Sell Business  

  • Business registration documents

  • ID and address proof of seller and buyer

  • List of assets and inventory included in the sale

  • Details of business liabilities (if any)

  • Financial statements of the business

  • Existing licenses or permits

  • Past agreements or communication (if applicable)

 Stepwise Process of Drafting an Agreement to Sell Business   

1

Share Business Details

2

Provide Asset Information

3

Drafting of Agreement

4

Review and Revisions

5

Final Delivery of Agreement

 What Does Ebizfiling Do for Agreement to Sell Business Drafting?   

  • We understand the nature of the business being sold and the terms agreed between the parties.

  • Our team reviews all necessary documents, including assets, liabilities, and financial details.

  • We draft a customized agreement that clearly outlines terms, responsibilities, and warranties.

  • We include clauses related to payment terms, handover, confidentiality, liabilities, and dispute resolution.

  • We revise the draft as needed based on your inputs and prepare the final version for signing.

  • We guide you on proper execution, stamping, and legal requirements applicable to your state.

FAQs

FAQs on Agreement to Sell Business   

Get answers to all your queries

  • What is an agreement to sell a business?

    An agreement to sell a business is a legal document that records the sale terms between a business seller and a buyer, ensuring a smooth and clear transfer of ownership.

  • Why is this agreement important?

    It protects both parties by clearly stating what assets, liabilities, and responsibilities are being transferred, reducing future disputes.

  • Can any business be sold using this agreement?

    Yes, retail shops, restaurants, franchises, service companies, and even online businesses can be sold using a properly drafted agreement.

  • Does the agreement include business assets?

    Yes, it details assets such as machinery, stock, goodwill, licenses, and customer lists that are included in the sale.

  • Is the payment schedule included in the agreement?

    Yes, the agreement describes the sale consideration, installments, and method of payment to ensure clarity and compliance.

  • Are business liabilities transferred too?

    Only the liabilities that both parties agree to transfer are included; others remain with the seller unless specified in writing.

  • Can this agreement include employee arrangements?

    Yes, it can outline whether employees will continue under the new owner or be settled by the seller before transfer.

  • Is due diligence required before signing?

    Due diligence is recommended so the buyer can verify business performance, liabilities, and operational details before purchase.

  • Does the agreement include warranties?

    Yes, seller warranties ensure the buyer that the business is being sold in good faith without undisclosed liabilities.

  • Can the agreement be cancelled after signing?

    Cancellation depends on the terms. Some agreements allow termination under specific conditions mentioned in the contract.

  • Is it mandatory to notarise the agreement?

    Notarization is not mandatory, but stamping and proper execution as per state law is required for validity.

  • Can the agreement include non-compete clauses?

    Yes, the seller can be restricted from starting a competing business for a defined period to protect the buyer’s interests.

  • Does the buyer need financial statements?

    Yes, reviewing financial statements helps the buyer understand profitability, liabilities, and the true value of the business.

  • Can the agreement include asset valuation?

    Yes, asset valuation may be included to clarify the basis of the sale price and avoid disputes later.

  • Is GST or tax liability included in the agreement?

    The agreement can specify which party handles pending GST, tax dues, or any statutory liabilities related to the business.

  • Can the seller train the buyer after sale?

    Yes, a training or transition support clause can be added to ensure the buyer understands business operations.

  • What happens to existing licenses?

    The agreement may specify whether licenses are transferred, renewed, or reapplied depending on regulatory rules.

  • Can the buyer verify debts before purchase?

    Yes, verifying debts is part of due diligence and is strongly recommended before signing the agreement.

  • Is stamp duty applicable to this agreement?

    Yes, stamp duty applies based on state laws, and the amount varies depending on the nature of the business transfer.

  • How does Ebizfiling assist in drafting this agreement?

    Ebizfiling drafts clear and customized agreements to sell business, ensuring all essential clauses are included to protect both parties legally.

Reviews

  • Addittya Tamhankar

    21 Jul 2018

    EBIZFILING COMPANY IS GOOD. I APPRECIATE THEIR WORK, THEY HAVE BEEN VERY MUCH RESPONSIVE AND RESPONSIBLE, THEIR SERVICE COMES AT AN AFFORDABLE PRICE. TOO GOOD TO BELIEVE. KEEP ROCKING GUYS! GOD BLESS.

  • Akash Mitra

    Akash Mitra

    02 Mar 2024

    I had a very complicated LLP striking off requirement. It took a long time due to Government (MCA) delays. Through out the period EbizFiling continued to support me and successfully completed the assignment. Truly stellar service, and I particularly want to thank Aman for his support. Will continue to do business with them.

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    Akanksha Kakwani

    19 Nov 2021

    It was a great experience with Anitha from ebizfiling who guided me for doing the IEC renewal.

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