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Offer / English starting point

Business acquisition letter of intent template

Free letter of intent to purchase a business in editable Word and PDF. Set out price, structure, diligence and binding provisions.

For buyers, sellers and brokersUpdated

Document preview

Preview of Business acquisition letter of intent
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What’s included

  • Proposed purchase price, currency and transaction structure
  • Deposit proposal, financing conditions and price adjustments
  • Diligence, closing, exclusivity and acceptance deadlines
  • Expressly binding provisions and execution by buyer and seller

Editable Word · PDF

A starting point for the actual deal.

A business acquisition LOI records the principal proposed terms before the definitive purchase agreement. This template separates the proposed transaction from provisions identified as binding, including confidentiality and exclusivity. It supports either an asset or equity proposal, but the structure and commercial terms still need to be completed for the actual deal.

Generic English edition. Governing law and transaction details require your review.

How to use this template

  1. Identify the contracting parties and the business or interests involved.
  2. Complete price, financing, timing and proposed conditions.
  3. Review which provisions are binding and how they interact with an existing NDA.
  4. Obtain transaction advice before signing; retain the signed version with the pursuit.

Common questions

Is the whole LOI nonbinding?

No. This template distinguishes nonbinding purchase proposals from provisions stated to be binding for their purposes. Review that distinction and the completed wording with your lawyer.

Can the LOI complete the business purchase?

It is a preliminary proposal. The parties still need appropriate definitive documents, satisfied conditions and the actual closing exchange.

Keep the next step in view.

Use the business buying guide for the full process, or review the due diligence guide for deeper checks.

Download the general buyer checklist PDF

These English resources are general starting points. Adapt them to the business, transaction and governing law with your advisers. They are not jurisdiction-specific legal documents or a substitute for professional advice. Free to adapt for your own business or transaction. Redistribution as a template product is not included.