Sale of a Business Package - Virginia 2026

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  1. Click ‘Get Form’ to open it in the editor.
  2. Begin with the 'Agreement for Sale of Business - Sole Proprietorship'. Fill in the seller's name, business details, and terms of sale. Ensure all information is accurate to avoid future disputes.
  3. Next, complete the 'Asset Purchase Agreement'. Specify which assets are included in the sale. This section is crucial for clarifying what the buyer will receive.
  4. Proceed to the 'Bill of Sale for Personal Assets'. Here, list any personal items being sold alongside the business. This ensures transparency between parties.
  5. Fill out the 'Promissory Note' if financing is involved. Clearly state repayment terms and interest rates to protect both parties.
  6. Complete additional forms like 'Landlord’s Consent' and 'Non-Competition Covenant' as needed. These documents help secure your business interests post-sale.

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