The Letter of Interest to Buy a Business is a crucial preliminary document in business acquisitions under Irish law. It is typically used when a potential buyer has identified a target business and wants to formally express their serious intention to pursue a purchase, without yet making a binding commitment. This document serves multiple purposes: it demonstrates the buyer's credibility, outlines preliminary terms and conditions, requests access to due diligence materials, and sets the stage for negotiations. While non-binding in nature, it should be carefully drafted to comply with Irish legal requirements and business practices, particularly considering the Companies Act 2014 and other relevant legislation. The letter helps establish clear communication between parties and often serves as a foundation for more detailed negotiations and eventual purchase agreements.

1. Date and Address Block: Formal business letter heading with date and recipient's full business address

2. Introduction: Identify the writer/buying entity and clearly state the purpose of the letter

3. Business Identification: Clearly identify the target business, including its legal name and location

4. Expression of Interest: Clear statement of interest in purchasing the business and brief explanation of why

5. Preliminary Terms: Basic outline of proposed transaction structure and potential purchase price range if known

6. Buyer's Background: Brief overview of the potential buyer's relevant experience, financial capability, and business background

7. Due Diligence Request: Request for access to necessary information and documents for evaluation

8. Timeline: Proposed timeline for next steps, including due diligence and negotiations

9. Confidentiality Statement: Commitment to maintain confidentiality of any shared information

10. Contact Information: Details for further communication and primary point of contact

11. Closing and Signature: Professional closing, signature block with full name and title