Restaurant Business Purchase Agreement

Note: Not suitable for selling shares in a company. For more information on selling a business, see Business Sales Agreements section. In the end, sellers, sell, transfer, transfer, transfer and deliver to the buyer, and the buyer will buy sellers who buy assets, free and free of charges, except in this agreement. Although buying a restaurant is a difficult and laborious process, it is even more difficult to rework from there (i.e. build a restaurant store from there), which requires the purchase of hundreds or even thousands of tools (such as kitchen utensils, tablecloths, towels, silver cutlery and much more) needed for the daily operation of a restaurant. For this reason, most people prefer to buy an existing restaurant and change the methods of operation. 2.1. Closing. The acquisition and sale of the assets (Closing) is completed on the [date] at the same time as the execution of this agreement (hereafter referred to as the completion date). When you buy assets in a business, you are not buying the business yourself, but only one aspect of it. This can mean a product, a client list or some kind of intellectual property. The company retains its name, commitments and tax returns.

This document is very comprehensive. Before you select it, you should consider alternative versions that are already suitable for the most common business applications. They are listed in the column on the right. From and after the closing, the seller and the seller`s individual partners undertake to: to: the buyer, his affiliated companies, his successors, the beneficiaries of the assignment and their respective directors, to the representatives, representatives, employees and representatives, free of all losses, liabilities, rights, damages, costs and expenses (including, but not limited, the legal fees and rights incurred » by the persons who result from the sale of the restaurant to the prior to or related to the closing or related to it, either in connection with (a) the seller`s operation of the restaurant, b) the seller`s failure to take charge, pay, honour and honour his obligations other than those paid by the Buyer in accordance with item 1.2 of this Agreement. or (c) a violation of any insurance, warranty, contract or agreement that must be honoured by the seller under this Agreement.

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