Asset Purchase Agreements are reached when one business agrees to purchase the assets of another. All required information about the parties involved in the agreement.Buyers like asset purchases. This is because they get to evaluate the assets and pick and choose which ones they want. Key facts about business asset purchase agreement (APA) and sample template for asset sale in Florida and explanations about what should go in an APA. The most important document in an asset deal is the Asset Purchase Agreement (the "APA"). In this article, I will discuss the key provisions of an APA. An allocation of the purchase price is an essential component to a business sale transaction. Both buyer and seller have to work together to get it done.