A Texas Business Purchase Agreement will help transfer business ownership and outline the terms of the sale. Drafting a purchase agreement for buying or selling a business in Texas is a critical step to ensure a smooth transaction.Additionally, the agreement must specify the sales price, the payment methods, and identify the business to be sold. Utilize our Sales Agreement to document the sale of any item, ensuring protection for both the buyer and the seller. The names and locations of the buyer and seller will be clearly stated in the first paragraph or two of the contract. Our business and real estate attorneys are experienced in drafting and negotiating complex letters of intent and business purchase and sale agreements. This article discusses the elements of buying or selling a small business in Texas, whether the business is focused on real estate or otherwise.