Use a Business Bill of Sale to set out the terms for the sale of a business and transfer the ownership and all assets to the buyer. THIS ASSET PURCHASE AGREEMENT (this "Agreement"), dated as of September.In an asset sale, the new owner purchases the business's physical assets. The seller retains all rights to the legal entity. Who is the "Seller"? • Does it include the shareholders for purposes of representations and warranties and indemnification? Download Pennsylvania Asset Purchase Agreement template, modify and send for signing using BoloForms Signature. Call (215) 545-4830 - Danziger Shapiro, P.C. is dedicated to serving our clients with a range of legal services including Business and Corporate cases.