This short-form asset purchase agreement is for use in the sale of a seller's assets for cash. This short-form asset purchase agreement is used for an all-cash acquisition.Draft your next sellside asset purchase agreement using this annotated proseller short form asset purchase agreement. A simple form asset purchase agreement (APA) for the sale and purchase of a small business, operating from a single freehold site, as a going concern. The Seller has agreed to sell, and the Purchaser has agreed to purchase, the Assets (as defined below) on the terms of this agreement.