New Mexico Agreement for Sale of Retail Store by Sole Proprietorship with Goods and Fixtures at Invoice Cost Plus Percentage

• Category: Real Estate - Contracts - Commercial
• State: Multi-State
• Control #: US-00869BG
• Format: Word; Rich Text

Description

This form is used to document an agreement of the sale of a business. Particular statutory requirements may have to be complied with in the sale of certain businesses. If the statutory requirements are not met, the sale is void as against the seller's creditors, and the buyer may be personally liable to them. The New Mexico Agreement for Sale of Retail Store by Sole Proprietorship with Goods and Fixtures at Invoice Cost Plus Percentage is a legal document that outlines the terms and conditions for the sale of a retail store owned by a sole proprietor. This agreement includes details about the goods, fixtures, and inventory included in the sale, as well as the purchase price, payment terms, and any additional provisions. Keywords: 1. New Mexico Agreement: This agreement is specific to the state of New Mexico and must comply with the state's laws and regulations regarding the sale of a retail store. 2. Sale of Retail Store: This agreement pertains to the sale of a retail store, including all its assets, goods, fixtures, and inventory. 3. Sole Proprietorship: The retail store being sold is owned and operated by a sole proprietor, who is the only individual responsible for its management and finances. 4. Goods and Fixtures: The agreement covers the transfer of all tangible assets, such as products, merchandise, equipment, furniture, and other fixtures associated with the retail store. 5. Invoice Cost Plus Percentage: The purchase price for the retail store is determined by adding a predetermined percentage to the cost of the goods and fixtures as stated on the invoices. Different types of New Mexico Agreement for Sale of Retail Store by Sole Proprietorship with Goods and Fixtures at Invoice Cost Plus Percentage may include variations in terms and provisions. However, the main aim of all these agreements remains the same, which is to outline the terms of the sale and transfer of a retail store by a sole proprietorship, including the valuation of goods and fixtures at invoice cost plus a predetermined percentage.

The New Mexico Agreement for Sale of Retail Store by Sole Proprietorship with Goods and Fixtures at Invoice Cost Plus Percentage is a legal document that outlines the terms and conditions for the sale of a retail store owned by a sole proprietor. This agreement includes details about the goods, fixtures, and inventory included in the sale, as well as the purchase price, payment terms, and any additional provisions. Keywords: 1. New Mexico Agreement: This agreement is specific to the state of New Mexico and must comply with the state's laws and regulations regarding the sale of a retail store. 2. Sale of Retail Store: This agreement pertains to the sale of a retail store, including all its assets, goods, fixtures, and inventory. 3. Sole Proprietorship: The retail store being sold is owned and operated by a sole proprietor, who is the only individual responsible for its management and finances. 4. Goods and Fixtures: The agreement covers the transfer of all tangible assets, such as products, merchandise, equipment, furniture, and other fixtures associated with the retail store. 5. Invoice Cost Plus Percentage: The purchase price for the retail store is determined by adding a predetermined percentage to the cost of the goods and fixtures as stated on the invoices. Different types of New Mexico Agreement for Sale of Retail Store by Sole Proprietorship with Goods and Fixtures at Invoice Cost Plus Percentage may include variations in terms and provisions. However, the main aim of all these agreements remains the same, which is to outline the terms of the sale and transfer of a retail store by a sole proprietorship, including the valuation of goods and fixtures at invoice cost plus a predetermined percentage.