Your data doesn't train Genie's AI
You keep IP ownership of your information
1. Parties: Identification of the seller and purchaser, including full legal names and addresses
2. Background: Context of the transaction, including brief description of the restaurant business and purpose of the agreement
3. Definitions: Defined terms used throughout the agreement
4. Purchase and Sale: Core transaction terms including the assets being purchased and excluded assets
5. Purchase Price: Total consideration, payment terms, and adjustments
6. Closing: Closing date, conditions precedent, and closing deliverables
7. Seller's Representations and Warranties: Statements of fact about the business, assets, licenses, and operations
8. Purchaser's Representations and Warranties: Statements regarding purchaser's capacity and authority to complete the transaction
9. Covenants: Pre-closing and post-closing obligations of both parties
10. Employee Matters: Treatment of existing employees, benefits, and related liabilities
11. Licenses and Permits: Transfer of operational licenses, health permits, and liquor licenses
12. Indemnification: Mutual indemnification provisions and survival periods
13. Termination: Circumstances allowing termination and consequences
14. General Provisions: Standard clauses including governing law, notices, and entire agreement
1. Non-Competition: Restrictions on seller's future business activities - include when seller remains active in restaurant industry
2. Training and Transition: Seller's obligations to train new owners - include when requested by purchaser
3. Franchise Obligations: Special provisions if restaurant is franchised - include only for franchise locations
4. Environmental Matters: Environmental representations and obligations - include if property is being purchased or environmental concerns exist
5. Third Party Consents: Process for obtaining required third party approvals - include if key contracts require consent for transfer
6. Intellectual Property Assignment: Transfer of restaurant-specific IP - include if restaurant has unique recipes, brands, or trade secrets
7. Lease Assignment: Terms for transferring lease - include if premises are leased rather than owned
1. Schedule A - Purchased Assets: Detailed inventory of all assets including equipment, furnishings, and supplies
2. Schedule B - Excluded Assets: List of assets specifically excluded from the sale
3. Schedule C - Purchase Price Allocation: Breakdown of purchase price across asset categories for tax purposes
4. Schedule D - Contracts and Agreements: List of all contracts being assigned to purchaser
5. Schedule E - Employee Information: List of employees, positions, and compensation details
6. Schedule F - Permits and Licenses: Copies of all operational permits and licenses
7. Schedule G - Intellectual Property: Details of trademarks, recipes, and other IP being transferred
8. Schedule H - Lease Details: Copy of lease and related documents if premises are leased
9. Appendix 1 - Form of Bill of Sale: Legal document transferring title to personal property
10. Appendix 2 - Closing Certificate: Certificate confirming satisfaction of closing conditions
Applicable Law
Assets
Business
Business Day
Closing
Closing Date
Closing Time
Contracts
Effective Date
Employees
Encumbrance
Environmental Laws
Excluded Assets
Financial Statements
FF&E (Furniture, Fixtures & Equipment)
Food Service Licenses
Goodwill
GST/HST
Health Permits
Intellectual Property
Inventory
Leased Premises
Licenses and Permits
Liquor License
Material Adverse Change
Menu Items
Operating Hours
Ordinary Course of Business
Parties
Permitted Encumbrances
Personal Information
Purchase Price
Purchased Assets
Real Property
Recipes
Restaurant
Seller's Knowledge
Small Supplies
Trade Fixtures
Trade Names
Transaction
Transfer Taxes
Working Capital
Purchase Price
Payment Terms
Closing Conditions
Due Diligence
Representations and Warranties
Health and Safety
Food Safety Compliance
Liquor License Transfer
Employee Matters
Premises Transfer
Equipment Transfer
Inventory
Intellectual Property
Confidentiality
Non-Competition
Non-Solicitation
License and Permit Transfer
Environmental Compliance
Tax Matters
Indemnification
Insurance
Assignment
Force Majeure
Dispute Resolution
Governing Law
Termination
Transition Services
Customer Data Protection
Regulatory Compliance
Lease Assignment
Third-Party Consents
Restrictive Covenants
Survival
Notice
Food Service
Hospitality
Restaurant
Food and Beverage
Real Estate
Franchise
Business Services
Legal Services
Financial Services
Hospitality Equipment
Commercial Property
Food Distribution
Legal
Finance
Corporate Development
Real Estate
Operations
Compliance
Risk Management
Business Development
Mergers & Acquisitions
Property Management
Restaurant Owner
Business Development Manager
Chief Executive Officer
Chief Financial Officer
Corporate Lawyer
Business Broker
Commercial Real Estate Agent
Restaurant Operations Manager
Franchise Development Manager
Mergers & Acquisitions Specialist
Legal Counsel
Business Transfer Specialist
Restaurant Consultant
Commercial Property Manager
Financial Controller
Find the exact document you need
Generic Home Purchase Contract
A Canadian-compliant legal agreement template for residential property purchases, establishing terms and conditions between buyer and seller.
Purchase Agreement For Used Boats
A Canadian-law governed agreement for the sale and purchase of used boats, ensuring compliant transfer of vessel ownership and protecting parties' interests.
Vehicle As Is Sales Agreement
A Canadian-compliant Vehicle As Is Sales Agreement for documenting vehicle sales without warranties, suitable for both private and commercial transactions.
Contract Of Purchase And Sale For Commercial (Real Estate)
A Canadian law-governed agreement for the purchase and sale of commercial real estate property, establishing terms, conditions, and obligations for all parties involved.
Contract To Sell (Real Estate)
A legally binding Canadian real estate sale agreement that establishes the terms and conditions for property transfer between seller and buyer.
Realty Purchase Agreement
A legally binding contract for real property transfer in Canada, outlining terms and conditions of sale while ensuring compliance with federal and provincial regulations.
Letter Of Intent To Sell (Real Estate)
A preliminary, typically non-binding document used in Canadian real estate transactions to outline proposed terms and conditions for a property purchase.
Real Estate Land Purchase Agreement
A legally binding agreement under Canadian law that documents the terms and conditions for the purchase and sale of real property, ensuring proper transfer of ownership.
For Sale By Owner Purchase Contract
A Canadian legal document for direct property sales between owners and buyers without real estate agent involvement, outlining all essential terms and conditions of the property purchase.
Assignment Of Purchase And Sale Agreement Form
A Canadian legal document that transfers rights and obligations under an existing Purchase and Sale Agreement from an original purchaser to a new buyer, commonly used in real estate transactions.
Offer To Buy Real Estate Form
A standardized Canadian legal document presenting a buyer's formal proposal to purchase real estate, including all essential terms and conditions of the proposed transaction.
Contract To Sell A Vehicle
A Canadian legal agreement facilitating the sale and transfer of ownership of a vehicle between parties, incorporating federal and provincial regulatory requirements.
Restaurant Purchase Contract
A Canadian legal agreement for the purchase and sale of a restaurant business, including assets, licenses, and operational rights transfer.
Purchase And Sell Agreement
A Canadian-law governed agreement that documents the terms and conditions for the transfer of assets or property from seller to purchaser.
Purchase And Sale Agreement For Wholesalers
A Canadian-law governed agreement establishing terms and conditions for wholesale purchase and sale transactions between suppliers and buyers.
Private Purchase Contract
A Canadian law-compliant contract documenting the terms and conditions of a private sale transaction between two parties, including purchase price, delivery terms, and transfer of ownership.
Land Only Purchase Agreement
A Canadian legal agreement for the purchase and sale of undeveloped land, governed by federal and provincial laws, outlining all terms and conditions of the land transfer.
Buyer Seller Home Contract
A legally binding Canadian agreement that documents the terms and conditions for the purchase and sale of residential property between buyers and sellers.
Purchase Of House Agreement
A Canadian legal contract documenting the terms and conditions for the purchase and sale of residential property.
Used Motor Vehicle Purchase Contract
Canadian-compliant contract for used vehicle sales, addressing both private and dealer transactions under federal and provincial regulations.
Agreement Of Purchase And Sale Commercial
A legally binding agreement under Canadian law governing the purchase and sale of commercial real estate properties, outlining all transaction terms and conditions.
Standard Real Estate Purchase And Sale Agreement
A legally binding agreement under Canadian law that documents the terms and conditions for the purchase and sale of real property.
Short Form Purchase And Sale Agreement
A streamlined legal agreement under Canadian law that documents the basic terms and conditions for the purchase and sale of property or assets between parties.
Modular Home Purchase Agreement
A Canadian-law governed agreement for the purchase and installation of a modular home, detailing specifications, terms, and obligations of all parties involved.
Vacant Land Lot Purchase Contract
A Canadian-law governed contract for the purchase and sale of vacant land lots, incorporating federal and provincial legal requirements for property transfer.
Real Estate Assignment Of Contract Form
A Canadian legal document that transfers real estate purchase rights from an original buyer to a new buyer, complying with federal and provincial regulations.
Offer To Sell Real Estate Form
A Canadian legal document outlining a property owner's formal offer to sell real estate, including terms, conditions, and price, compliant with provincial regulations.
Business Purchase Term Sheet
A preliminary Canadian business acquisition document outlining key transaction terms and conditions, serving as a framework for the definitive purchase agreement.
Private Land Purchase Agreement
A Canadian legal agreement governing the purchase and sale of private land between parties, outlining terms, conditions, and obligations for property transfer.
Third Party Car Sale Contract
A Canadian-compliant legal agreement for the sale and purchase of a vehicle between two parties, outlining sale terms and transfer of ownership requirements.
Purchase And Sale Agreement Extension Form
A Canadian legal document that extends or modifies the terms and timeframes of an existing Purchase and Sale Agreement.
Standard Sale And Purchase Agreement
A Canadian-law governed agreement that documents the terms and conditions for the sale and purchase of goods, assets, or property between parties.
Short Sale Purchase Agreement
A Canadian legal agreement for the purchase of property where the sale price is less than the outstanding mortgage balance, requiring lender approval and specific provisions for distressed property sales.
Short Form Real Estate Purchase Agreement
A streamlined agreement for Canadian real estate transactions that covers essential elements of property purchase and sale while ensuring legal compliance with federal and provincial requirements.
Simple Land Contract Purchase Agreement
A standardized Canadian legal agreement for the purchase and sale of land property, outlining essential terms and conditions for straightforward property transfers.
Business Opportunity Purchase And Sale Agreement
A Canadian law agreement governing the sale and purchase of a business opportunity, detailing terms, conditions, and transfer of ownership.
Agreement Of Purchase And Sale Business In Leased Premises
A Canadian legal agreement governing the sale of a business operating in leased premises, including both business asset transfer and lease assignment provisions.
Simple Commercial Real Estate Purchase Agreement
A legally binding agreement used in Canadian jurisdictions for the purchase and sale of commercial real estate, outlining all essential terms and conditions of the transaction.
Private Party Car Sale Contract
A Canadian legal agreement for the private sale of a motor vehicle between individuals, complying with federal and provincial regulations.
Multi Family Purchase And Sale Agreement
A Canadian legal agreement for the purchase and sale of multi-family residential properties, detailing transaction terms and conditions under Canadian law.
Genie’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; Genie’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it


.png)
.png)