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Business Sale Agreement

Business Sale Agreement

Business Sale Agreement

A Business Sale Agreement is a legally binding agreement between the seller and the buyer of a business. It sets out the terms and conditions of the transaction. The document is often drafted when the parties have come to an agreement on the commercial terms of the transaction, including the purchase price, deposit amount, conditions precedent, included assets, restraint of trade and settlement date. It is the main document that governs the sale and purchase of a business so it is important for the parties to have a legally drafted agreement.

Business Sale Agreement drafting service

West Perth Legal’s Business Sale Agreement drafting service includes:

  • Drafting the agreement to suit your transaction and business
  • Access to a lawyer
  • Various rounds of amendments
  • Quick turnaround
  • An agreement that complies with West Australian laws

The importance of having a legally drafted Business Sale Agreement

A legally drafted Business Sale Agreement is important for the following reasons:

  • Once signed, it is legally binding between the parties
  • It clearly sets out what is being transferred and each parties’ obligations
  • It includes key information of the business
  • It minimises the risk of dispute during and after the sale of business
  • It ensures that the business is sold in a timely manner and funds are received by the seller when ownership of the business is transferred

West Perth Legal Advantage

West Perth Legal provides a full suite of legal services for business sale and purchase. Our lawyers have assisted many businesses with their sale and purchase and can assist you with the entire business sale and purchase process. We offer fixed fees for many of our services.

Frequently Asked Questions


Thanks to David and the team at West Perth Legal, we achieved settlement of our business purchase. He gave great advice and we will be engaging services again. Living remote in WA it can be hard to work solely through emails and phone calls but West Perth Legal made it all very easy. I highly recommend the company.

- Nikki Litherland

Business Owner

David Shi has been an excellent lawyer for my company over the past 3 years providing advice on contracts, litigation, and arbitration. Very satisfied with the timeliness, professional approach, and advice for my business and personal needs. I would highly recommend David’s services!

-Talha Khan

MediXys Consulting

West Perth Legal helped me with the purchase of my café business, including drafting and finalising the sale and purchase agreement, reviewing the retail lease and attending settlement. David walked me through the business purchase process and highlighted the risk areas and how to minimise them. I highly recommend West Perth Legal.

- Jinkyoung Kim

The Electric Bean Co.

Perth Commercial Lawyer

We have helped hundreds of clients with their commercial legal needs.

Contact us for an obligation free quote or speak to our Commercial Lawyer for a confidential and complimentary discussion.

Transparent Pricing
Fixed Fees For Regular Documents
Obligation Free Quote
Complimentary 15 Minute Initial Telephone Consult