Home
Forms Library
Offer to Purchase Business, Including Good Will

Offer to Purchase Business, Including Good Will 2025

Offer to Purchase Business, Including Good Will Preview on Page 1

See details

4.6 out of 5

54 votes

The document is an Offer to Purchase Business agreement, outlining the terms under which a buyer intends to acquire a business, including its personal and real property, goodwill, and other assets. It details the purchase price, payment terms, contingencies related to licenses and permits, seller warranties, and conditions for closing. The agreement also specifies the responsibilities of both parties regarding the transfer of ownership and any potential liabilities.

Here's how it works

01. Edit your form online

Type text, add images, blackout confidential details, add comments, highlights and more.

02. Sign it in a few clicks

Draw your signature, type it, upload its image, or use your mobile device as a signature pad.

03. Share your form with others

Send it via email, link, or fax. You can also download it, export it or print it out.

How to use or fill out Offer to Purchase Business, Including Good Will with our platform

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

Click ‘Get Form’ to open the Offer to Purchase Business, Including Good Will in the editor.
Begin by entering the Buyer’s name and corporation details in the designated fields. Ensure accuracy as this information is crucial for legal purposes.
Fill in the Seller's business name and type, along with its address. This identifies the business being purchased.
In Section I, list all personal property included in the sale. Be thorough; include furniture, equipment, customer lists, and any other relevant assets.
Proceed to Section II to specify real property details. Include a description of the property and any restrictions that may apply.
Complete the purchase price allocation section by detailing amounts for good will, stock-in-trade, accounts receivable, and other items.
Review all sections for completeness before saving your document. Utilize our platform’s features to ensure everything is filled out correctly.

Start using our platform today for free to streamline your document editing and signing process!

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

How does goodwill work in an acquisition?

Goodwill is created when a company pays more for an acquisition than the fair market value of the net assets acquired. The difference between the purchase price and the fair market value of the net assets acquired represents the premium that the acquiring company is willing to pay for the target company.

Is purchase of business goodwill?

When a company purchases another, it often pays more than the net fair value of the targets assets and liabilities. This excess is recorded as goodwill, an intangible asset reflecting brand strength, customer loyalty, and proprietary technology, among other factors.

Do you recognize goodwill in an asset acquisition?

Goodwill is recognized only if a business is acquired. Thus, no goodwill is recognized in an asset acquisition.

What is goodwill when purchasing a business?

To record goodwill on a balance sheet, the acquirer must list it as an intangible asset under the Assets section. For example, if Company A acquires Company B for $500,000 and the fair market value of Company Bs net identifiable assets is $400,000, the goodwill would be calculated as $500,000 - $400,000 = $100,000.

What happens to goodwill when a company is acquired?

That may be customer lists, it could be name recognition, it could be patents, the kinds of things that are intangible assets that you cant pick up and move, but have a value over time. The calculation appears straightforward: Goodwill equals the purchase price minus the fair market value of net identifiable assets.