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The Informal Offer To Buy A Business is a crucial initial document in Canadian business acquisition processes, typically used when a potential buyer has identified a target business and wants to formally express their interest without immediately entering into binding legal commitments. This document serves as a structured way to communicate purchase intentions and basic terms while maintaining flexibility for negotiations. It includes essential elements such as proposed purchase price, payment terms, assets to be included, and basic conditions, all while adhering to Canadian business practice standards. The document is designed to be less intimidating than formal purchase agreements while still providing sufficient detail to demonstrate serious intent and serve as a foundation for subsequent negotiations. It's particularly useful in small to medium-sized business transactions where parties prefer to begin with a more approachable format before proceeding to more complex legal documentation.

1. Buyer Information: Full legal name and contact details of the potential buyer

2. Date: Date of the offer letter

3. Addressee Details: Current business owner's name and business address

4. Subject Line: Clear indication that this is an offer to purchase the business

5. Purchase Price: Proposed purchase price and payment terms

6. Assets Included: List of assets to be included in the purchase (inventory, equipment, intellectual property, etc.)

7. Basic Terms: Key terms including proposed closing date and major conditions

8. Due Diligence: Request for access to conduct due diligence and timeline

9. Confidentiality: Statement regarding confidentiality of the negotiations

10. Offer Validity: Period for which the offer remains valid

11. Closing Statement: Expression of interest in moving forward and request for response

12. Signature Block: Space for buyer's signature and date