Proposal to Buy a Business

{{company_name}}

{{company_address}}

Phone: {{phone}} | Email: {{email}} | Web: {{website}}

Proposal to Buy a Business

Proposal to Buy a Business

{{company_name}}

{{company_address}}

Phone: {{phone}}

Email: {{email}}

Website: {{website}}

Date

{{date}}

Recipient Details

To: {{seller_company_name}}

Attn: {{seller_contact_person}}

{{seller_company_address}}

Subject: Proposal to Purchase {{target_business_name}}

Dear {{seller_contact_person}},

This letter serves as a formal, non-binding proposal by {{buyer_company_name}} (the 'Buyer') to acquire 100% of the issued and outstanding shares / assets of {{target_business_name}} (the 'Target Business'), located at {{target_business_address}}, from {{seller_company_name}} (the 'Seller').

Proposed Purchase Price

The proposed purchase price for the Target Business is {{currency}} {{purchase_price}} ({{purchase_price_words}}).

This price is based on the information provided to date and is subject to further due diligence.

Payment Terms

The purchase price will be settled as follows:

1. A non-refundable deposit of {{currency}} {{deposit_amount}} will be paid upon the signing of a definitive Sale of Business Agreement.

2. The balance of {{currency}} {{balance_amount}} will be paid at closing (the 'Closing Date') upon the satisfaction of all conditions precedent outlined in the definitive agreement.

Conditions Precedent

This proposal and any subsequent definitive agreement are subject to, but not limited to, the following conditions:

1. Satisfactory completion of financial, legal, operational, and commercial due diligence by the Buyer within {{due_diligence_period}} days from the date of acceptance of this proposal.

2. Obtaining all necessary internal corporate approvals from the Buyer's board of directors and shareholders.

3. Negotiation and execution of a definitive Sale of Business Agreement acceptable to both parties, which will supersede this proposal.

4. Obtaining all required regulatory approvals, if any.

Confidentiality

Both parties agree to maintain strict confidentiality regarding the existence and terms of this proposal, as well as any non-public information shared during the due diligence process. A separate Non-Disclosure Agreement (NDA) may be entered into if deemed necessary.

Exclusivity

Upon acceptance of this proposal, the Seller agrees to grant the Buyer an exclusive period of {{exclusivity_period}} days to conduct due diligence and negotiate the definitive agreement. During this period, the Seller shall not solicit, encourage, or entertain any other offers or proposals for the sale of the Target Business.

Governing Law

This proposal shall be governed by and construed in accordance with the laws of {{country}}.

Acceptance

If the terms and conditions of this proposal are acceptable, please signify your agreement by signing and returning a copy of this letter by {{response_date}}.

Sincerely,

{{buyer_contact_person}}

{{buyer_title}}

For and on behalf of {{buyer_company_name}}

------------------------------------

Signature of Seller Representative

Name: {{seller_contact_person}}

Title: {{seller_title}}

Date: _______________

For and on behalf of {{seller_company_name}}