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1. Parties: Identification of the seller and purchaser with 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, including Business, Premises, Assets, Completion Date, etc.
4. Sale and Purchase: Core transaction terms, including what is being sold and purchased
5. Purchase Price: Details of the purchase price, payment terms, and any adjustments
6. Deposit: Amount, payment terms, and handling of the deposit
7. Conditions Precedent: Conditions that must be satisfied before completion, including regulatory approvals and licenses
8. Pre-Completion Obligations: Seller's obligations in running the business before completion
9. Completion: Process and requirements for completing the transaction
10. Seller's Warranties: Warranties regarding the business, assets, employees, and compliance
11. Purchaser's Warranties: Basic warranties from the purchaser, including capacity to enter into the agreement
12. Employee Matters: Treatment of existing employees and related obligations
13. Post-Completion Obligations: Ongoing obligations after completion, including transition support
14. Restrictive Covenants: Non-compete and non-solicitation provisions
15. Confidentiality: Obligations regarding confidential information
16. Notices: Process for giving formal notices under the agreement
17. General Provisions: Standard boilerplate clauses including governing law, jurisdiction, etc.
1. Real Estate Provisions: Required when the purchase includes property transfer or assignment of lease
2. Intellectual Property: Required when significant IP assets such as brands, recipes, or trade secrets are involved
3. Environmental Matters: Required when there are specific environmental concerns or compliance requirements
4. Third Party Consents: Required when key contracts or licenses require third party approval for transfer
5. Earn-out Provisions: Required when part of the purchase price is contingent on future performance
6. Due Diligence: Required when specific findings from due diligence need to be addressed
7. Tax Matters: Required when complex tax structuring or specific tax indemnities are needed
8. Financing Provisions: Required when the purchase is subject to external financing arrangements
1. Schedule 1 - The Business: Detailed description of the business being sold, including premises details
2. Schedule 2 - Assets Inventory: Comprehensive list of assets included in the sale
3. Schedule 3 - Excluded Assets: List of assets specifically excluded from the sale
4. Schedule 4 - Employee Information: Details of all employees, their terms and conditions
5. Schedule 5 - Contracts: List of contracts being transferred or assigned
6. Schedule 6 - Intellectual Property: Details of all IP rights included in the sale
7. Schedule 7 - Licenses and Permits: List of all operational licenses and permits
8. Schedule 8 - Property Information: Details of owned or leased property and related agreements
9. Schedule 9 - Completion Requirements: Detailed list of documents and actions required for completion
10. Appendix A - Form of Transfer Instruments: Templates for various transfer documents
11. Appendix B - Handover Inventory: Template for final inventory check at completion
12. Appendix C - Employee Communications: Template communications for staff regarding the transfer
Assets
Business
Business Day
Cantonal Authorities
Completion
Completion Date
Confidential Information
Consideration
Contracts
Deposit
Effective Date
Employees
Encumbrance
Environmental Laws
Equipment
Excluded Assets
Existing Licenses
Financial Statements
Food Safety Regulations
Goodwill
Health Permits
Intellectual Property Rights
Inventory
Landlord
Lease
Liabilities
Licenses
Material Adverse Change
Operating Permits
Premises
Purchase Price
Purchaser
Records
Regulatory Approvals
Relevant Authority
Restaurant Equipment
Seller
Stock
Swiss GAAP
Tax
Trade Fixtures
Transaction
Transfer Date
Transferred Employees
VAT
Warranties
Working Capital
Purchase Price
Payment Terms
Deposit
Conditions Precedent
Due Diligence
Completion
Asset Transfer
Property Transfer
Lease Assignment
Employee Transfer
Inventory
Equipment
Intellectual Property
Licenses and Permits
Regulatory Compliance
Food Safety
Health and Safety
Environmental Compliance
Warranties
Representations
Indemnification
Non-Competition
Non-Solicitation
Confidentiality
Data Protection
Employee Matters
Tax Matters
VAT
Insurance
Force Majeure
Assignment
Third Party Rights
Notices
Governing Law
Jurisdiction
Dispute Resolution
Severability
Entire Agreement
Amendments
Post-Completion Obligations
Transition Services
Business Continuity
Record Keeping
Compliance with Laws
Contract Novation
Further Assurance
Hospitality
Food & Beverage
Restaurant
Real Estate
Legal Services
Financial Services
Business Services
Retail
Tourism
Franchise Operations
Legal
Finance
Operations
Compliance
Real Estate
Human Resources
Risk Management
Business Development
Mergers & Acquisitions
Commercial
Restaurant Owner
Business Development Manager
Chief Executive Officer
Chief Financial Officer
Legal Counsel
Corporate Lawyer
Business Broker
Restaurant Manager
Operations Director
Finance Director
Compliance Officer
Property Manager
Commercial Director
Franchise Manager
Merger & Acquisitions Manager
Business Transfer Specialist
Risk Manager
General Counsel
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