Picture of Ontario Offer to Purchase Business Assets Picture of Ontario Offer to Purchase Business Assets

Ontario Offer to Purchase Business Assets

Write an offer to purchase the assets, inventory and supplies of an Ontario business with this downloadable template.

  • Once accepted by the seller, the Offer to Purchase becomes a binding agreement of purchase and sale between the parties.
  • The offer is conditional upon the purchaser receiving financing sufficient for the transaction.
  • The purchaser will take over the lease on the business premises and assume certain liabilities.
  • The purchaser is responsible for paying HST on the transaction.
  • The purchaser will pay the value of current inventory and supplies on hand as of the closing date, valued at lower of cost and net realizable value, as determined by the parties after conducting a physical inventory.
  • The parties will cooperate in obtaining any third party consents required to complete the transaction.
  • The parties will jointly file an election under section 167 of the Excise Tax Act.
  • Available in MS Word format.
  • Intended to be used only in the Province of Ontario, Canada.
Document Type: Microsoft Word
Last Updated: 05-January-2025
SKU: 3306
$29.99
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Canada Bill of Sale for Business Assets

Bill of Sale for Business Assets | Canada

If you're selling a business in Canada, this Bill of Sale form is essential to transfer ownership of the assets to the buyer.

The form is not only a bill of sale, it's also a conveyancing form that transfers, conveys and assigns title to the business assets (such as equipment, vehicles, inventory, trade marks, etc) to the purchaser.

Power of Attorney

With this form, you can also appoint the purchaser as your attorney to demand, receive, give receipts for and deal with the assets being transferred.

Format and Jurisdiction

This downloadable Bill of Sale form is available in MS Word format and is fully editable. It is intended to be used only in Canada.

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Picture of Broker Contract for Sale of Business

Broker Contract for Sale of Business

Prepare an Agreement for Sale of Business between a business broker and a client with this fully editable template.

  • The broker will list the business for sale, identify potential buyers and act on behalf of the seller to complete a sale.
  • The broker's commission rate will be calculated as a percentage of the sale price or a minimum fixed rate, whichever is more.
  • The seller grants the broker a lien over the business assets until the commission is paid in full.
  • The parties agree to arbitration in the event of a dispute.
  • This template includes a confidentiality agreement which potential buyers must sign before reviewing confidential business information of the seller.
  • Available in MS Word format, easy to use and customize.
  • This is a generic form that can be used in many jurisdictions.
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