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Fax Asset Purchase Agreement Template

Fax Asset Purchase Agreement Template

Aug 6th, 2022

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How to Fax Asset Purchase Agreement Template

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In this video, Matthew Becker from Gym Lawyers PLLC addresses the importance of an asset purchase agreement for gym owners. He explains that if you plan to sell your gym or buy one, understanding the distinction between an asset purchase and a stock purchase is crucial. An asset purchase means the seller sells only the gym's assets, which include equipment, brand names (e.g., CrossFit affiliation), furniture, and digital accounts (like Facebook and Instagram). The seller does not sell the LLC itself, highlighting a key difference between asset and stock purchases. This clarification is essential for gym owners considering a sale or acquisition.

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