Texas 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 Texas 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 in the state of Texas. This agreement covers the sale of the retail store along with its inventory, fixtures, and equipment at the invoice cost plus a specified percentage. This agreement is specifically designed for sole proprietors who wish to sell their retail store while ensuring that both parties involved are protected. It helps establish a clear understanding between the seller and buyer regarding the sale price, payment terms, transfer of ownership, and any other relevant legal aspects. The Texas Agreement for Sale of Retail Store by Sole Proprietorship with Goods and Fixtures at Invoice Cost Plus Percentage can be further categorized into various types based on specific circumstances or preferences. Some different types of this agreement may include: 1. Basic Agreement: This type of agreement outlines the general terms and conditions for the sale of a retail store, including the purchase price, payment terms, and transfer of ownership. 2. Inventory Inclusion Agreement: In some cases, the buyer may be interested in purchasing only the inventory of the retail store, without the fixtures or equipment. This type of agreement specifies that the sale includes only the goods and not the fixtures or equipment. 3. Fixtures and Equipment Exclusion Agreement: On the other hand, the buyer may wish to purchase only the fixtures and equipment of the retail store, without the inventory. This type of agreement excludes the sale of goods and focuses solely on the fixtures and equipment included in the sale. 4. Percentage Adjustment Agreement: In certain situations, the buyer and seller may agree to adjust the percentage added to the invoice cost. This could be due to unique circumstances, market fluctuations, or other factors that warrant a different percentage calculation. It is important to consult with a legal professional to ensure that you select the appropriate type of Texas Agreement for Sale of Retail Store by Sole Proprietorship with Goods and Fixtures at Invoice Cost Plus Percentage, tailored to your specific needs and circumstances. Use this document as a legally binding agreement that protects the interests of all parties involved in the sale of a retail store in Texas.

The Texas 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 in the state of Texas. This agreement covers the sale of the retail store along with its inventory, fixtures, and equipment at the invoice cost plus a specified percentage. This agreement is specifically designed for sole proprietors who wish to sell their retail store while ensuring that both parties involved are protected. It helps establish a clear understanding between the seller and buyer regarding the sale price, payment terms, transfer of ownership, and any other relevant legal aspects. The Texas Agreement for Sale of Retail Store by Sole Proprietorship with Goods and Fixtures at Invoice Cost Plus Percentage can be further categorized into various types based on specific circumstances or preferences. Some different types of this agreement may include: 1. Basic Agreement: This type of agreement outlines the general terms and conditions for the sale of a retail store, including the purchase price, payment terms, and transfer of ownership. 2. Inventory Inclusion Agreement: In some cases, the buyer may be interested in purchasing only the inventory of the retail store, without the fixtures or equipment. This type of agreement specifies that the sale includes only the goods and not the fixtures or equipment. 3. Fixtures and Equipment Exclusion Agreement: On the other hand, the buyer may wish to purchase only the fixtures and equipment of the retail store, without the inventory. This type of agreement excludes the sale of goods and focuses solely on the fixtures and equipment included in the sale. 4. Percentage Adjustment Agreement: In certain situations, the buyer and seller may agree to adjust the percentage added to the invoice cost. This could be due to unique circumstances, market fluctuations, or other factors that warrant a different percentage calculation. It is important to consult with a legal professional to ensure that you select the appropriate type of Texas Agreement for Sale of Retail Store by Sole Proprietorship with Goods and Fixtures at Invoice Cost Plus Percentage, tailored to your specific needs and circumstances. Use this document as a legally binding agreement that protects the interests of all parties involved in the sale of a retail store in Texas.