Use and store this free template to specify obligations between sellers and buyers. From drafting to signing, Contractbook is with you every step of the way.This business sale agreement template can be used as a binding document to govern the sale of a business to a new owner. You may prepare your own contract starting with the template below to fit your business needs and use it as the agreement you enter into with your customers. A sales agreement is used to describe and track the exact details of quantity and cost of purchasing or selling goods, services, or real estate. , name, address and contact number of the buyer and seller. This document is a business purchase agreement between two entities. It details the sale of a business from the Seller to the Buyer. In this guide to business contracts, explore business contract templates and examples for small and growing businesses.