KSh 500
760 downloads Updated 22 Jul 2026

Business Sale Agreement

For selling a business as a going concern: what is included and excluded, price allocation between stock, equipment and goodwill, handover of suppliers and staff, and a non-compete undertaking.

What's included

  • Seller and buyer details
  • Business and assets included
  • Items expressly excluded
  • Price and payment terms
  • Handover date and transition support
  • Staff, suppliers and liabilities
  • Non-compete undertaking

Usage notes

  • Do a stock count on the handover date and attach the list.
  • Agree who settles debts incurred before handover.

These are general-purpose document templates for use in Kenya. They are not a substitute for legal advice and may need review for your specific transaction.

Sample details shown. Yours are filled in the builder.

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