This business sale agreement template can be used as a binding document to govern the sale of a business to a new owner. Get your business purchase agreement form template now and ensure your transaction is secure with expert tips from Moton Legal Group.The easiest way to create a Business Purchase Agreement is to use a template that is customized to your state. The general rule is that contracts are freely assignable and can be transferred from one party to another. There are, however, exceptions to this general rule. One way of safeguarding a business is to create a buy-sell agreement.