Letter of Intent to Purchase a Business CONFIDENTIAL
TO: [Name & Address of Receiving Company] FROM: [Name & Address of Offering Party] DATE: [Date Letter Sent] SUBJECT: [Describe nature of proposed agreement]
Dear: [Name of Receiving Party]: [Offering Party’s Name](“Offeror”) is pleased to express its intentions to acquire all business assets, goodwill, and properties of [Name of Receiving Party](“Offeree”). This Letter of Intention (“Letter”) sets forth the terms and conditions that [Offering Party] offers as they relate to the proposed acquisition of [Name of receiving party]. This Letter is non-binding and is not meant to be construed as an offer or impose any obligation on either party. The Terms and Conditions proposed are as follows: 1. Consideration: [Describe the nature of consideration offered including purchase price for assets, promissory not