Below, we explain what an asset purchase agreement is, what its advantages and disadvantages are, and how to prepare one. What Is an Asset Purchase Agreement?There are advantages and disadvantages to each type of sale, so it's best to consult with experienced Glendale business broker to discuss the best option. Generally speaking, asset sales take longer to complete than stock transactions, and the business may receive a higher fair market valuation. Brokers, Pros and cons: Business brokers are a good place to find an Arizona business. They often have good qualifications. An asset sale is the sale of just the good stuff: the equipment, trademarks, and customer list, for example. This article highlights the advantages and disadvantages of each. Advantages of an Asset Sale. Learn the key differences between asset sales and share sales when buying or selling a business, including the pros and cons of each method.