Restaurant sale and purchase agreement

Recommended
Bespoke Drafting

A document drawn just for you to your exact requirements. Free discussion before we provide an estimate. Fixed fee for each stage of work.

Key features

This is a comprehensive purchase and sale agreement for a restaurant business, pub or entertainment venue (such as a nightclub or comedy venue), where the business sells food and drink for consumption on premises.
Compliant
Compliant with the latest law in
  • England & Wales
  • Scotland
Document propertied
Document properties
  • Length:28 pages (4000 words)
  • Available in:
    MsWordMicrosoft Word DOCXApple pagesApple PagesRTFRTF
watertight guarantee
Backed by our watertight guarantee

If the document isn’t right for your circumstances for any reason, just tell us and we’ll refund you in full immediately.

writing in plain english
Written in plain English

We avoid legal terminology unless necessary. Plain English makes our documents easy to understand, easy to edit and more likely to be accepted.

Notes
Guidance notes included

You don’t need legal knowledge to use our documents. We explain what to edit and how in the guidance notes included at the end of the document.

email
Support from our legal team

Email us with questions about editing your document. Use our Lawyer Assist service if you’d like our legal team to check your document will do as you intend.

About this document

This is a sale agreement for a business that produces and serves food and beverages on premises. It is likely to be used most commonly for the sale of a restaurant business, but it could also be used for the sale and puchase of a pub, bar or entertainment venue such as a nightclub or comedy club.

Specifically, the agreement deals with:

  • business premises: whether the seller owns the freehold of the property where the business operates, or rents. This sale agreement includes provisions for the transfer of premises by sale or lease to the new owner in both cases.

  • a premises licence or a club premises certificate to serve alcohol.

  • arrangements for the transfer of staff employed in the running of the business.

  • sale of stock that is likely to include food and drink, and also commercial kitchen equipment, tableware and drinks ware.

The purchase price may be apportioned among the assets to assist in tax planning.

Use throughout the sale process

You can use this template agreement throughout the sale process: initially during negotiations to remind you what may be important to you; then as the basis of a heads of terms document that sets out the key terms; and then in full as a final sale and purchase agreement.

It is usual for the buyer to produce the sale document because that allows them to set their terms that the seller must accept. However, if the seller wants to set the initial negotiating position, they might suggest that they write the contract.

For the sale of business assets, not shares

This type of sale agreement is also known as an asset puchase agreement. That is because what is being sold are the assets of the business. If the business operates through a limited company, you might consider instead selling or buying the shares of the company. For a company sale, see our sale agreements for companies section.

Warranties

Warranties are statements as to the condition of the subject matter where the condition cannot be ascertained easily by the buyer otherwise. For example, you might have a warranty that there is currently no litigation threatened against the business.

Warranties are an important tool within a business sale because if the seller can be shown to have given a warranty that later is shown to be untrue, then they have broken the contract and the buyer can seek damages to put right what is wrong.

This template includes 73 warranties relevant to the sale of a food and beverage retail business from which you can choose which you want the seller to give. If you are the seller, you might use these to help inform what the buyer might require and choose whether you are willing to give them (or draw attention to them).

Contents

As with all Net Lawman documents, at the end of the restaurant purchase and sale agreement template we provide extensive notes, in plain English, that guide you as to how to edit it.

The contract contains the following sections:

  • Interpretation
  • Agreement for sale
  • Purchase price
  • Items to be delivered at completion
  • Completion
  • Stocks
  • Debtors
  • Creditors and liabilities
  • Value Added Tax
  • Warranties by the seller
  • Future activities
  • Guarantor
  • Communications
  • Miscellaneous matters
  • Jurisdiction

Warranties cover

  • Assets
  • Stocks
  • Accounts
  • Employees
  • Suppliers and customers
  • Licences, consents and passwords
  • Insurance
  • Joint ventures and partnerships
  • Statutory restrictions
  • Litigation
  • Seller’s activities
  • Contracts
  • Defective products and service liabilities
  • Properties
  • Leasehold properties
  • Freehold properties
  • Intellectual property
  • Internet domain names
Sample restaurant sale and purchase agreementSample page from the restaurant pub or bar sale agreement

Recent reviews

Comprehensive Quality
22 April 2022
The three documents (all contracts) I have downloaded have all been comprehensive yet concise, precise, and clear. Having decided to use these to save £‘000s in fees from solicitors who, no doubt, use their own templates, I’m very happy to be an advocate for Netlawman and their mission to ‘commoditise the law’. Brilliant, thank you! Oh, and the follow up service has been great too, thank you Rashid!
Simon Rushton
Excellent Document
11 August 2013
Service was excellent and Net Lawman email a follow up. I decided to purchase the document as there was a guarantee to refund if it wasn't suitable. It was exactly what we needed and the contents was excellent for the purpose of a Business Offer and Agreement. I would definitely recommend Net Lawman to friends because of the document quality.
Nigel Smith
Review of the Australian version

Choose the level of support you need

Document only

Complete the document template yourself using our guidance notes
2 Reviews
£94.80 (incl. VAT)
Save with a membership
  • okComprehensive template covering legal and practical points
  • okDetailed guidance notes a step-by-step instructions to help you complete your document with confidence.
  • okUp to date with latest law our lawyers regularly review how new relevant law affects each document in our library
  • okWritten in plain English avoiding legal terminology unless necessary. plain English makes our documents easy to understand, easy to edit and more likely to be accepted
  • okSupport from our legal team email us with questions about editing your document
  • okMoney back guarantee that if the document isn't right
Most Popular

Lawyer Assist

Support from our legal team during and after editing
215 Reviews
£394.80 (incl. VAT)
Save up to 40% with a membership
  • okComprehensive template covering legal and practical points
  • okDetailed guidance notes a step-by-step instructions to help you complete your document with confidence.
  • okCustom workspace - get expert answers fast: a dedicated space for priority expert assistance, keeping you on track.
  • ok
    Review of your edited document by our legal team including:
    • understanding your requirements
    • checking that your document will achieve your goal
    • reporting on whether your changes comply with the law
    • answering your questions about how to word a new clause or achieve an outcome
    • checking that your use of defined terms is correct and consistent
    • correcting spelling mistakes
    • reformatting the document ready to sign

Bespoke

Drafted for you, to your precise requirements
from
£1,000.00 (incl. VAT)
Save up to 10% with a membership
  • okA document drawn just for you to your exact requirements
  • okPersonalised service provided by an experienced solicitor
  • okFree discussion before we provide an estimate, for you to ask questions and for us to understand your requirements
  • ok
    Transparent fees
    • fixed fee to draw a document to your initial instructions
    • additional or changed instructions charged either at fixed rates or on a time basis as agreed with you
    • no charges for office overheads or third party disbursements
  • okCareful and thorough consideration of your circumstances and your consequent likely practical and legal requirements
  • okProvision of options that you may not have considered with availability for discussion
  • okHelp and advice woven into the fabric of our service so that you can make the best decisions
Membership plans

Standard

For occasional users of small businesses and start-ups
£95.00 per year
no auto-renewal
Save on average £270*
  • Documents included
    (average document price £37)
    10
  • Lawyer Assist Service included
    (average price £196)
  • Discount on further Lawyer Assist
    30%
  • Discount on Bespoke Drafting
  • Telephone support
  • Priority email support
    ok

Professional

For larger businesses and professional service firms
£195.00 per year
no auto-renewal
Save on average £718*
  • Documents included
    (average document price £37)
    25
  • Lawyer Assist Service included
    (average price £196)
  • Discount on further Lawyer Assist
    40%
  • Discount on Bespoke Drafting
    10%
  • Telephone support
    ok
  • Priority email support
    ok

Professional Plus

For more frequent users of Lawyer Assist
£375.00 per year
no auto-renewal
Save on average £929*
  • Documents included
    (average document price £37)
    25
  • Lawyer Assist Service included
    (average price £196)
    2
  • Discount on further Lawyer Assist
    40%
  • Discount on Bespoke Drafting
    10%
  • Telephone support
    ok
  • Priority email support
    ok
* Calculated on the basis of average price.
© 1999 - 2025 Net Lawman Limited.
All rights reserved