Business Sale Contract Template Qld – Australia

The Business Sale Contract Template – QLD, Australia comes in several formats, including PDF, Word, and Google Docs. Each version is designed to be both customizable and printable, ensuring you can fulfill your requirements effortlessly.


Sample

Business Sale Contract Template Qld – Australia

Editable | Printable



1. Parties to the Contract



2. Description of the Business

3. Sale Price
AUD

4. Payment Terms

5. Assets Included in the Sale

6. Warranties and Representations

7. Conditions Precedent

8. Settlement Dates

9. Termination Clause

10. Governing Laws

11. Signatures and Acknowledgment




PDF


WORD

Examples


Business Sale Contract Template – QLD, Australia (1)
Between:
[Seller’s Name]
[Seller’s ID]
[Seller’s Address]
[Seller’s Phone]
[Seller’s Email]
And:
[Buyer’s Name]
[Buyer’s ID]
[Buyer’s Address]
[Buyer’s Phone]
[Buyer’s Email]
Introduction:
This Business Sale Contract (“Contract”) outlines the terms under which [Seller’s Name] agrees to sell, and [Buyer’s Name] agrees to purchase the business located at [Business Address] (“Business”) for the total price of [Purchase Price], effective from [Effective Date].
Clause 1: Sale of Business
The Seller agrees to sell and transfer to the Buyer, and the Buyer agrees to purchase, the Business including all its assets, goodwill, and inventory, as outlined in this Contract.
Clause 2: Payment Terms
The Buyer shall pay the Seller a total purchase price of [Purchase Price] as follows: [Payment Schedule], including a deposit of [Deposit Amount] to be paid on signing this Contract.
Clause 3: Warranties
The Seller represents and warrants that the Business is fully operational, all financial records are accurate, and there are no pending legal actions against the Business.
Clause 4: Conditions Precedent
This sale is conditional upon the Buyer obtaining financing approval and satisfactory due diligence regarding the Business’s operations and financials.
Clause 5: Governing Law
This Contract shall be governed by the laws of Queensland, Australia.
Signed in [City], [Date].
Sincerely,
[Seller’s Signature]
[Seller’s Name]
[Buyer’s Signature]
[Buyer’s Name]
Business Sale Contract Template – QLD, Australia (2)
Between:
[Seller’s Name]
[Seller’s ID]
[Seller’s Address]
[Seller’s Phone]
[Seller’s Email]
And:
[Buyer’s Name]
[Buyer’s ID]
[Buyer’s Address]
[Buyer’s Phone]
[Buyer’s Email]
Introduction:
This Contract governs the sale and purchase of the business known as [Business Name] situated at [Business Address] as agreed by both parties commencing on [Effective Date].
Clause 1: Purchase Price
The total purchase price for the Business shall be [Purchase Price], paid as follows: [Detailed Payment Terms], with a deposit of [Deposit Amount] due at signing.
Clause 2: Assets Included
The sale includes all tangible and intangible assets of the Business including but not limited to equipment, customer lists, and intellectual property.
Clause 3: Indemnification
The Seller agrees to indemnify the Buyer against any claims or liabilities arising from acts or omissions of the Seller prior to the date of sale.
Clause 4: Closing
The closing of the transaction shall take place on [Closing Date] at a location mutually agreed by both parties, where the Buyer shall pay the remaining balance of the purchase price.
Clause 5: Governing Law
This Contract shall be governed and construed in accordance with the laws of Queensland, Australia.
Signed in [City], [Date].
Sincerely,
[Seller’s Signature]
[Seller’s Name]
[Buyer’s Signature]
[Buyer’s Name]

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Business Sale Contract Template Qld - Australia