Sale of a Business Package - Hawaii 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 and buyer's details, including names and addresses, as well as the agreed sale price and terms.
  3. Next, complete the 'Asset Purchase Agreement' by listing all assets being sold. Ensure that each item is clearly described to avoid any confusion.
  4. Proceed to the 'Bill of Sale for Personal Assets'. Here, specify any personal items included in the sale, ensuring they are free from claims.
  5. Fill out the 'Promissory Note' if financing is involved. Clearly state repayment terms and interest rates.
  6. Complete the 'Landlord’s Consent to Assignment of Lease' if applicable, ensuring you have landlord approval for lease transfer.
  7. Use the 'Retained Employees Agreement' to list employees who will be retained post-sale along with their benefits.
  8. Finalize with the 'Non-Competition Covenant by Seller', ensuring it outlines restrictions on business activities after sale.

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