Business Law - Sale of Business AU

Your Details
Name

Prefix First Name Last Name
Company Name
ABN/ACN
E-mail
Phone Number

- Area Code Phone Number
Mobile Phone Number

- Area Code Phone Number

Address

Street Address
Street Address Line 2
Town/Suburb	State
Post Code	Country

Your capacity as seller

Owner Executor/Trustee Trustee in bankruptcy/receiver in liquidation Receiver manager for mortgagee

Buyer
Name

Prefix First Name Last Name
Company Name
ABN/ACN
E-mail
Phone Number

- Area Code Phone Number
Mobile Phone Number

- Area Code Phone Number

Address

Street Address
Street Address Line 2
Town/Suburb	State
Post Code	Country

Solicitor For The Buyer
Name

First Name Last Name
Firm Name
E-mail
Phone Number

- Area Code Phone Number

Address

Street Address
Street Address Line 2
City	State / Province
Postal / Zip Code	Country

Business Agent
Name

First Name Last Name
Company Name
E-mail
Phone Number

- Area Code Phone Number

Address

Street Address
Street Address Line 2
City	State / Province
Postal / Zip Code	Country

The Business
Name
General nature of business
Phone Number

- Area Code Phone Number

Address

Street Address
Street Address Line 2
City	State / Province
Postal / Zip Code	Country

Is the business name registered?

Yes No
Registration number
Will it be transferred to the buyer?

Yes No
ASIC Key
Registered to
Date acquired

- Day - Month Year
Has consent to transfer been applied for already?

Yes No Not sure
Consent to transfer number

Mortgages/Charges/Security Agreements
Held by
Amount owing
Discharge of

Mortgage Charge Security Agreement
Required from
Held by
Amount owing
Discharge of

Mortgage Charge Security Agreement
Required from

Intellectual Property

This may include trade names, product names, trademarks, patents, copyrights, licences, website, social media or other intellectual property.
Details
To be assigned to buyer?

Yes No

Restraint of Trade
Who should be restrained from trading?

Seller Other key staff
Give details
Restraint period in years
Distance radius in km

Inclusions
Plant, Fixtures & Fittings
Please upload an itemised list with values attributed to all items
List any items subject to chattel lease or mortgage
List any warranties
List any contracts to be assigned to the buyer
List any licences, permits or authorisations to be transferred to the buyer
List fixtures and fittings to be taken by the seller
Stock in Trade
Inclusions
Exclusions
Buyer has the right to reject in excess of
Basis of price
Stocktake done by whom
Stocktake done when

- Day - Month Year
Other Assets Included in Sale
List
Liabilities
Are there any ongoing warranties or product liabilities which become the buyer's responsibility?

Yes No
If yes, give details

Employees
Are there any transferring employees?

Yes No
Upload details of entitlements

Notices, Orders & Proposals
Are there any council requirements

Yes No Not sure
Details
Is the use approved

Yes No Not sure
Details
Are there any outstanding notices, orders or proposals affecting the business or premises ?

Yes No Not sure
If yes, give details

Tuition
Will there be tuition before completion?

Yes No
If yes, give details
Will there be tuition after completion?

Yes No
If yes, give details

Customers and Work in Progress
Client list to be provided to buyer?

Yes No
Records, files, completed and current matters to be provided to buyer?

Yes No
Details of work in progress
Buyer to have benefit of work in progress?

Yes No

Premises
Tenure

Lease Licence New Assignment Not applicable
Give details

Other Instructions
What else do we need to know?
Should be Empty:

Your Details

Buyer

Solicitor For The Buyer

Business Agent

The Business

Mortgages/Charges/Security Agreements

Price

Apportionment

Deposit

Creditors & Debtors

Intellectual Property

Restraint of Trade

Inclusions

Plant, Fixtures & Fittings

Stock in Trade

Other Assets Included in Sale

Liabilities

Employees

Notices, Orders & Proposals

Tuition

Sellers Conduct Before Completion

Customers and Work in Progress

Premises

Other Instructions