15 Outstanding Letter of Intent to Purchase Business Samples

Sample 1: Letter of Intent to Purchase a Small Retail Store

[Your Name]
[Your Address]
[City, State, ZIP Code]
[Email Address]
[Phone Number]
[Date]

[Seller’s Name]
[Business Name]
[Business Address]
[City, State, ZIP Code]

Dear [Seller’s Name]:

I am writing to express my formal intent to purchase [Business Name], located at [Business Address]. After a thorough review of your business’s performance, market position, and community reputation, I am prepared to offer $150,000 for the acquisition of the business as a going concern, inclusive of all inventory, fixtures, equipment, intellectual property, and goodwill.

This offer is contingent upon the successful completion of a 30-day due diligence period, during which I will review detailed financial records for the past three years, verify inventory and equipment, and assess the terms of your existing lease. I also request access to supplier contracts and employee agreements. Pending a satisfactory due diligence outcome, we can move forward with drafting a definitive purchase agreement.

Please note that this letter of intent is non-binding and intended to outline my sincere interest, subject to further negotiation of final terms and execution of a binding contract. I look forward to your response so that we may arrange next steps.

Sincerely,
[Your Name]

Sample 2: Letter of Intent to Purchase a Service-Based Business

[Your Name]
[Your Address]
[City, State, ZIP Code]
[Email Address]
[Phone Number]
[Date]

[Seller’s Name]
[Business Name]
[Business Address]
[City, State, ZIP Code]

Dear [Seller’s Name]:

I am pleased to submit this letter of intent regarding my proposed purchase of [Business Name]. I am offering $275,000, contingent upon completion of due diligence including the examination of client contracts, review of your business’s receivables and payables, and verification of any existing service agreements.

I request a 45-day due diligence window, during which time I will also review all business licenses, insurance policies, and employee compensation records. If my findings are satisfactory, I anticipate closing on the transaction within 30 days after the due diligence period. Upon agreement, I am willing to provide a deposit in escrow to demonstrate my commitment.

This letter is intended as a statement of good faith and not as a binding agreement. I am prepared to enter into a confidentiality agreement and would appreciate your cooperation throughout the process.

Kind regards,
[Your Name]

Sample 3: Letter of Intent to Purchase a Franchise Location

[Your Name]
[Your Address]
[City, State, ZIP Code]
[Email Address]
[Phone Number]
[Date]

[Franchise Owner’s Name]
[Franchise Business Name]
[Franchise Address]
[City, State, ZIP Code]

Dear [Franchise Owner’s Name]:

I am writing to confirm my interest in purchasing your [Franchise Business Name] franchise at [Franchise Address]. My proposal is to acquire the business for $320,000, which includes all tangible and intangible assets such as inventory, furnishings, franchise rights, and any software licenses.

This offer is contingent on satisfactory approval by the franchisor, review of franchise transfer terms, and the successful completion of a 60-day due diligence period. During this time, I will review the franchise agreement, all business financials, local marketing strategies, and vendor relationships. I would also like to discuss the process for transferring existing employees and ensuring continuity of service.

This letter of intent is non-binding, but demonstrates my genuine desire to move forward in good faith. If you are in agreement, I suggest we execute a confidentiality agreement and schedule a meeting to discuss the timeline.

Best regards,
[Your Name]

Sample 4: Letter of Intent to Purchase an Online Business

[Your Name]
[Your Address]
[City, State, ZIP Code]
[Email Address]
[Phone Number]
[Date]

[Seller’s Name]
[Online Business Name]
[Seller’s Address]
[City, State, ZIP Code]

Dear [Seller’s Name]:

I am submitting this letter to express my intent to purchase [Online Business Name] for $95,000. My offer is subject to satisfactory verification of revenue, site analytics (including traffic and conversion data), and the transfer of all digital assets such as the website, domain, hosting account, intellectual property, and associated social media profiles.

I request a 21-day due diligence period to review your Google Analytics data, merchant statements, advertising accounts, and any affiliate or advertising agreements. During this period, I will also verify the absence of pending litigation or claims against the business. Following completion of diligence, I am prepared to submit a 10 percent deposit and proceed with drafting a formal purchase agreement.

This letter is not legally binding but is intended to outline my serious interest and the principal terms under which I am willing to proceed. Please let me know your thoughts on moving forward.

Sincerely,
[Your Name]

Sample 5: Letter of Intent to Purchase a Manufacturing Business

[Your Name]
[Your Address]
[City, State, ZIP Code]
[Email Address]
[Phone Number]
[Date]

[Owner’s Name]
[Manufacturing Business Name]
[Business Address]
[City, State, ZIP Code]

Dear [Owner’s Name]:

I am writing to present my letter of intent for the purchase of [Manufacturing Business Name]. Based on preliminary discussions and a high-level review of your operations, I am offering $800,000 for the business, including all machinery, inventory, intellectual property, and customer lists.

This offer is contingent on completion of a 60-day due diligence process, including inspection of production equipment, review of environmental compliance records, OSHA reports, existing vendor contracts, and a thorough audit of your financial statements. I am also requesting a review of employee agreements, warranties on major assets, and any pending legal matters. The offer presumes clear title to all assets.

Upon acceptance of this letter, I am prepared to provide a letter of credit and move forward with the drafting of a binding asset purchase agreement. Please indicate your willingness to proceed so that we can initiate next steps.

Respectfully,
[Your Name]

Sample 6: Letter of Intent to Purchase a Family-Owned Business

[Your Name]
[Your Address]
[City, State, ZIP Code]
[Email Address]
[Phone Number]
[Date]

[Seller’s Name]
[Business Name]
[Business Address]
[City, State, ZIP Code]

Dear [Seller’s Name]:

This letter serves as my formal intent to acquire [Business Name], which has served the community with distinction for many years. My proposed purchase price is $220,000, which includes all business assets, inventory, trade secrets, and the right to use the business name.

As part of my offer, I wish to ensure a smooth transition and would ask for a 30-day overlap period, during which you or a designated family member can provide consulting and training to facilitate continuity for employees and customers. My due diligence will involve reviewing historical financials, tax filings, customer lists, and any outstanding debts or liabilities.

This letter of intent is not binding and is subject to negotiation of definitive terms. I look forward to your response and hope to honor the legacy of your family’s business.

Thank you,
[Your Name]

Sample 7: Letter of Intent to Purchase a Medical Practice

[Your Name]
[Your Address]
[City, State, ZIP Code]
[Email Address]
[Phone Number]
[Date]

[Doctor’s Name]
[Medical Practice Name]
[Practice Address]
[City, State, ZIP Code]

Dear Dr. [Last Name]:

I am pleased to submit this letter of intent regarding the acquisition of [Medical Practice Name]. I am prepared to offer $400,000 for the practice, inclusive of medical equipment, patient records (subject to HIPAA compliance), leasehold improvements, and all ongoing service agreements with insurers and vendors.

The offer is subject to a 45-day due diligence period, during which I will review all business licenses, patient lists, equipment maintenance logs, existing staff contracts, and insurance reimbursements. I would like to discuss the possibility of you providing transition assistance for a period of 60 days following closing, to ensure continuity of patient care and staff relations.

This letter of intent is non-binding, and any agreement will be formalized through a mutually acceptable purchase contract. Please indicate your interest in proceeding so we can coordinate next steps.

Sincerely,
[Your Name]

Sample 8: Letter of Intent to Purchase a Restaurant

[Your Name]
[Your Address]
[City, State, ZIP Code]
[Email Address]
[Phone Number]
[Date]

[Owner’s Name]
[Restaurant Name]
[Restaurant Address]
[City, State, ZIP Code]

Dear [Owner’s Name]:

I am writing to express my interest in acquiring [Restaurant Name] at [Restaurant Address]. My offer of $185,000 covers all furniture, kitchen equipment, recipes, inventory, point-of-sale systems, and transfer of the current lease agreement.

I would like to conduct a 30-day due diligence period to inspect kitchen equipment, review current supplier contracts, evaluate three years of financial records, and ensure all health code violations have been resolved. My intent is to retain current staff and continue serving your established clientele. If mutually agreeable, I propose entering into a non-compete agreement and a confidentiality agreement as part of the transaction.

Please let me know if you wish to proceed, so we can outline a proposed closing schedule and draft a formal contract.

Best regards,
[Your Name]

Sample 9: Letter of Intent to Purchase a Consulting Firm

[Your Name]
[Your Address]
[City, State, ZIP Code]
[Email Address]
[Phone Number]
[Date]

[Seller’s Name]
[Consulting Firm Name]
[Business Address]
[City, State, ZIP Code]

Dear [Seller’s Name]:

This letter sets forth my intent to purchase [Consulting Firm Name] for $350,000. My proposal covers all intellectual property, active contracts, client lists, office equipment, and transition of key employees, subject to negotiation and due diligence.

I request a 60-day period to review current and pending contracts, assess staff retention rates, examine financial statements, and review all outstanding legal or regulatory matters. I would appreciate an opportunity to meet with senior management to discuss business continuity plans. I am also prepared to provide an initial earnest money deposit upon mutual agreement.

This letter of intent is not legally binding but outlines my interest and principal deal terms. Please respond at your earliest convenience so we may proceed with next steps.

Sincerely,
[Your Name]

Sample 10: Letter of Intent to Purchase a Car Dealership

[Your Name]
[Your Address]
[City, State, ZIP Code]
[Email Address]
[Phone Number]
[Date]

[Dealership Owner’s Name]
[Car Dealership Name]
[Dealership Address]
[City, State, ZIP Code]

Dear [Owner’s Name]:

I am submitting this letter to formally express my intent to purchase [Car Dealership Name]. My offer of $2,100,000 includes all vehicle inventory, dealership equipment, franchise rights, intellectual property, and assignment of the facility lease or property deed, as applicable.

This transaction is subject to a 75-day due diligence period, during which I will review audited financials, inventory records, employee contracts, franchise transfer procedures, and any pending litigation. I also request confirmation of manufacturer approval for franchise transfer and would like to discuss the transition plan for your current management team. An initial deposit will be made in escrow to demonstrate my commitment upon acceptance of these terms.

This letter is non-binding and intended to serve as a basis for further discussion. Please advise if you are prepared to proceed so that we can finalize terms.

Respectfully,
[Your Name]

Sample 11: Letter of Intent to Purchase a Technology Company

[Your Name]
[Your Address]
[City, State, ZIP Code]
[Email Address]
[Phone Number]
[Date]

[CEO’s Name]
[Tech Company Name]
[Business Address]
[City, State, ZIP Code]

Dear [CEO’s Name]:

This letter conveys my intent to purchase [Tech Company Name] for a proposed sum of $1,500,000. The transaction includes all intellectual property rights, software source code, patents, physical assets, and an agreement for key personnel retention as part of the acquisition.

As a condition of my offer, I request a 45-day due diligence period to conduct a full audit of proprietary technologies, client and vendor contracts, current revenue streams, and outstanding liabilities. I will also review your current product pipeline and development team structure. Upon successful due diligence, I am prepared to negotiate equity retention options for key employees and consider performance-based earnouts.

This letter of intent is not binding and is subject to the execution of a final purchase agreement. Please let me know if these terms are acceptable.

Kind regards,
[Your Name]

Sample 12: Letter of Intent to Purchase a Landscaping Business

[Your Name]
[Your Address]
[City, State, ZIP Code]
[Email Address]
[Phone Number]
[Date]

[Owner’s Name]
[Landscaping Business Name]
[Business Address]
[City, State, ZIP Code]

Dear [Owner’s Name]:

I am submitting this letter as a formal expression of my interest in purchasing [Landscaping Business Name] for $110,000. This offer includes all equipment, vehicles, client contracts, and business name rights, subject to satisfactory due diligence.

During a 30-day due diligence period, I would like to inspect all equipment, review client lists and service contracts, assess business licenses, and evaluate outstanding debts or liens. I am also interested in discussing a brief transition period during which you can provide training and client introductions to ensure a seamless handover.

This letter of intent is non-binding and outlines my interest in negotiating a mutually beneficial sale. I look forward to your reply.

Sincerely,
[Your Name]

Sample 13: Letter of Intent to Purchase a Fitness Center

[Your Name]
[Your Address]
[City, State, ZIP Code]
[Email Address]
[Phone Number]
[Date]

[Owner’s Name]
[Fitness Center Name]
[Business Address]
[City, State, ZIP Code]

Dear [Owner’s Name]:

This letter serves as my formal statement of intent to purchase [Fitness Center Name] for $270,000. The offer includes all gym equipment, member contracts, branding rights, and transfer of any active service or maintenance agreements.

I request a 30-day period to conduct due diligence, which will include review of membership rosters, examination of equipment condition, assessment of lease terms, and verification of compliance with all health and safety regulations. I would also like to meet with key staff to discuss employment continuity and retention bonuses.

This proposal is not binding, but reflects my earnest desire to proceed with a transaction pending satisfactory due diligence and a mutually acceptable purchase agreement. Please contact me to discuss the next steps.

Thank you,
[Your Name]

Sample 14: Letter of Intent to Purchase a Daycare Center

[Your Name]
[Your Address]
[City, State, ZIP Code]
[Email Address]
[Phone Number]
[Date]

[Owner’s Name]
[Daycare Center Name]
[Business Address]
[City, State, ZIP Code]

Dear [Owner’s Name]:

I am writing to present my letter of intent to acquire [Daycare Center Name] for a total consideration of $190,000. This sum includes all licenses, curriculum materials, equipment, furnishings, and transfer of all existing enrollment contracts.

As part of my due diligence, I will need access to three years of financial statements, regulatory inspection records, employee background checks, and evidence of compliance with all state and local childcare regulations. I would also like to discuss the possibility of a transition period in which you or a senior staff member provides operational guidance and parent introductions.

This letter is intended to outline my principal terms and is not legally binding. Please confirm your interest so that we may move toward a definitive agreement.

Sincerely,
[Your Name]

Sample 15: Letter of Intent to Purchase a Cleaning Service

[Your Name]
[Your Address]
[City, State, ZIP Code]
[Email Address]
[Phone Number]
[Date]

[Owner’s Name]
[Cleaning Service Name]
[Business Address]
[City, State, ZIP Code]

Dear [Owner’s Name]:

This letter expresses my formal intent to purchase [Cleaning Service Name] for $75,000. This amount covers all cleaning equipment, existing contracts, customer lists, business name rights, and a 14-day transitional consulting period post-closing.

I request a 21-day due diligence window to review client satisfaction records, examine all current service agreements, assess equipment condition, and ensure there are no outstanding liens or compliance violations. I also wish to verify that all necessary licenses and insurances are in place.

This letter is non-binding and is provided in good faith to facilitate further negotiation. If these terms are acceptable, please advise so we may proceed with the next steps.

Best regards,
[Your Name]