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The form defines key deal elements including buyer and seller identities, business scope, purchase price and ownership percentage, optional real estate inclusion, payment structure (cash at closing, owner financing, or terms in the definitive agreement), deposits, financing conditions, deposits refundability, closing costs allocation, termination timing, information access, confidentiality, and good-faith and exclusive negotiation commitments, supported by governing law.",{"@graph":63,"@context":119},[64,80,102],{"@type":65,"itemListElement":66},"BreadcrumbList",[67,71,74,77],{"item":68,"name":69,"@type":70,"position":9},"https://docshare.wps.com","Home","ListItem",{"item":72,"name":10,"@type":70,"position":73},"https://docshare.wps.com/template/",2,{"item":75,"name":41,"@type":70,"position":76},"https://docshare.wps.com/template/letters/",3,{"item":78,"name":59,"@type":70,"position":79},"https://docshare.wps.com/template/business-purchase-letter-of-intent-template/278703/",4,{"url":78,"name":59,"@type":81,"image":82,"author":87,"headline":59,"publisher":90,"fileFormat":93,"inLanguage":57,"description":61,"dateModified":94,"datePublished":95,"encodingFormat":93,"isAccessibleForFree":96,"interactionStatistic":97},"DigitalDocument",{"url":83,"@type":84,"width":85,"height":86},"https://docshare.wps.com/thumbnails/business-purchase-letter-of-intent-template/278703.png","ImageObject",442,249,{"name":88,"@type":89},"Fahsai","Person",{"url":68,"name":91,"@type":92},"DocShare","Organization","application/pdf","2026-10-30","2026-09-15",true,{"@type":98,"interactionType":99,"userInteractionCount":101},"InteractionCounter",{"@type":100},"ViewAction",22,{"@type":103,"mainEntity":104},"FAQPage",[105,111,115],{"name":106,"@type":107,"acceptedAnswer":108},"What are the key parties and deal basics included in the letter of intent?","Question",{"text":109,"@type":110},"The template identifies the Buyer and Seller and describes the Business being purchased, including the proposed purchase structure tied to an ownership interest.","Answer",{"name":112,"@type":107,"acceptedAnswer":113},"How does the template handle purchase price payment options?",{"text":114,"@type":110},"It provides checkboxes for paying upon closing, using owner financing with down payment/interest/term/payment due, paying as stated in the definitive agreement, or other terms.",{"name":116,"@type":107,"acceptedAnswer":117},"What confidentiality and exclusivity obligations are stated?",{"text":118,"@type":110},"The template requires confidentiality of negotiations and information limited to necessary advisors or internal staff, prohibits press releases without authorization, and restricts the parties from negotiating with others during the process unless another agreement already exists.","https://schema.org",{"og:url":78,"og:type":121,"og:title":59,"og:site_name":91,"og:description":61},"article",{"robots":123,"canonical":78},"index,follow",{"doc_id":125,"site_id":56},278703,1789511813,{"code":4,"msg":5,"data":128},{"doc_id":125,"user_id":129,"nickname":88,"user_avatar":130,"doc_module":9,"category_id":40,"category_name":41,"doc_title":59,"doc_description":61,"doc_content":131,"file_id":132,"file_url":133,"file_type":134,"file_size":135,"view_count":101,"is_deleted":4,"is_public":9,"is_downloadable":9,"audit_status":9,"page_count":79,"language":136,"language_code":57,"site_id":56,"html_lang":57,"table_of_contents":137,"faqs":138,"seo_title":139,"seo_description":61,"update_tm":126,"read_time":73},549768702563,"https://ap-avatar.wpscdn.com/avatar/8000c4aa63b76e948b?x-image-process=image/resize,m_fixed,w_180,h_180&k=1786536092046926083","LETTER OF INTENT  \nTO PURCHASE BUSINESS  \nDate:   (the “Effective Date”)  \n______________________  \n______________________  \n______________________  \n______________________  \n______________________  \n______________________  \nRE: Purchase of a Business Entity  \nThis Business Purchase Letter of Intent (the “Letter”) sets forth the proposed terms and conditions of the Purchase described hereunder and shall govern the relationship between the Buyer and Seller (the “Parties”) until replaced by a definitive, formal agreement addressing the same purchase and subject matter (the “Definitive Agreement”) . The Purchase considered in this Letter and in the Definitive Agreement is subject in all respects to the following:  \n1. THE BUYER   (the “Buyer”) with a mailing address of    \n2. THE SELLER   (the “Seller”) with a mailing address of    \n3. THE BUSINESS   (the “Business”) .  \n4. THE PURCHASE. Unless otherwise agreed to by the Parties, the Buyer agrees to pay the Seller the amount of $  (the “Purchase Price”) in exchange for   % ownership interest in the Business (the “Purchase”) .  \n5. REAL ESTATE. Unless otherwise agreed to by the Parties, the Purchase will:  \n☐ - Include Real Estate. The Seller agrees to include in the Purchase the real estate located at   and with a legal description of:  \nfor the price of $   \n☐ -NOT Include Real Estate. Real estate will not be included in the Purchase.  \n6. PAYMENT. Payment shall be made: (check one)  \n☐ -Upon Closing. The Purchase Price must be paid at the time of closing the Purchase , either by executing the Definitive Agreement or as otherwise agreed by both Parties.  \n☐ -Owner Financing. The Purchase Price will be paid through financing using the following payment plan:  \ni) Down Payment: $   \nii) Interest Rate:   %  \niii) Term:   Months  \niv) Payment Due: The   day of every month  \n☐ -As Stated in the Definitive Agreement. The Purchase Price must be paid as stated in the Definitive Agreement between the Parties.  \n☐ -Other    \n7. DEPOSIT. The Parties agree that a: (check one)  \n☐ -Refundable Deposit is Required. The Buyer shall remit to the Seller, together with this Letter, payment in the amount of $  (the“Deposit”) . The Deposit shall be REFUNDABLE under the following terms:  \n  .☐ -Non-Refundable Deposit is Required. The Buyer shall remit to the Seller,  \ntogether with this Letter, payment in the amount of $ (the “Deposit”) . The Deposit shall be NON-REFUNDABLE.  \n☐ -Deposit is NOT Required. The Buyer shall not be required to make a deposit payment at the time of signing this Letter.  \n8. FINANCING. The Letter is: (check one)  \n☐ -Conditional Upon Financing. This Letter is conditional on the Buyer’s ability to obtain financing. Financing shall be under the following terms:  \n☐ -NOT Conditional Upon Financing. This Letter is not conditional on the Buyer’s ability to obtain financing.  \n9. BANK ACCOUNTS. The Seller would agree to leave $  in the  \nBusiness’s financial accounts to maintain the accounts operational for the Buyer.  \n10.SELLER’S CONDUCT. Until the closing date of the Purchase, the Seller must continue to uphold their fiduciary duty in the best interests of the Business and shall not engage in any conduct that would adversely affect the Business and its respective operations.  \n11.CLOSING COSTS. The expenses associated with closing the Purchase will be paid in the following manner: (check one)  \n☐ -The Seller will be responsible for all expenses.  \n☐ -The Buyer will be responsible for all expenses.  \n☐ -Each party will be responsible for their own expenses.  \n12.TERMINATION. This Letter will terminate unless a Definitive Agreement is signed orthe closing is completed within   days from the Effective Date.  \n13.ACCESS TO INFORMATION. The Buyer and their advisors shall have full access to the Business's information, and they will be held to a fiduciary duty of confidentiality and must not misappropriate or disclose the information to any third (3rd ) parties without the Seller’s ","cbCairpK1WWgtZMc","https://ap.wps.com/l/cbCairpK1WWgtZMc","pdf",983935,"English","# Letter of Intent\n## Parties and Business\n## Purchase Terms and Payment\n## Real Estate and Deposit\n## Financing, Closing, and Termination\n## Information Access and Confidentiality\n## Negotiation, Exclusivity, and Governing Law","[{\"question\":\"What are the key parties and deal basics included in the letter of intent?\",\"answer\":\"The template identifies the Buyer and Seller and describes the Business being purchased, including the proposed purchase structure tied to an ownership interest.\"},{\"question\":\"How does the template handle purchase price payment options?\",\"answer\":\"It provides checkboxes for paying upon closing, using owner financing with down payment/interest/term/payment due, paying as stated in the definitive agreement, or other terms.\"},{\"question\":\"What confidentiality and exclusivity obligations are stated?\",\"answer\":\"The template requires confidentiality of negotiations and information limited to necessary advisors or internal staff, prohibits press releases without authorization, and restricts the parties from negotiating with others during the process unless another agreement already exists.\"}]","Business Purchase Letter of Intent - Template | PDF"]