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1. Parties: Identification of the seller and purchaser with full legal names, registration details, and addresses
2. Background: Context of the transaction, including brief description of the restaurant business and purpose of the agreement
3. Definitions: Definitions of key terms used throughout the agreement
4. Sale and Purchase: Core transaction terms including the subject matter of sale and purchase commitment
5. Purchase Price: Purchase price, payment terms, adjustments, and escrow arrangements if applicable
6. Closing Conditions: Conditions precedent to completion, including required permits, licenses transfer, and regulatory approvals
7. Due Diligence: Seller's obligations regarding disclosure and purchaser's inspection rights
8. Assets Transfer: Detailed provisions regarding the transfer of tangible and intangible assets
9. Premises: Treatment of property rights, whether owned or leased, including transfer or assignment of lease
10. Employee Matters: Transfer of employment contracts and related obligations under 搂613a BGB
11. Licenses and Permits: Transfer or reapplication of necessary operational licenses and permits
12. Seller's Warranties: Warranties regarding business, assets, employees, compliance, and financial statements
13. Purchaser's Warranties: Basic warranties regarding capacity to enter agreement and financial ability
14. Pre-Closing Obligations: Obligations of parties between signing and closing, including business operation requirements
15. Post-Closing Obligations: Ongoing obligations after closing, including transition support and non-compete provisions
16. Liability and Indemnification: Allocation of risks and indemnification obligations
17. Confidentiality: Confidentiality obligations regarding transaction and business information
18. Governing Law and Jurisdiction: Specification of German law application and jurisdiction for disputes
19. Miscellaneous: Standard boilerplate provisions including severability, entire agreement, and amendments
1. Inventory: Detailed provisions for handling and valuing inventory if included in purchase price
2. Intellectual Property: Specific provisions for trademark, trade name, or recipe transfers if significant IP exists
3. Franchise Arrangements: Required when the restaurant operates under a franchise agreement that needs to be transferred
4. Environmental Matters: Specific provisions regarding environmental compliance and liabilities if property is included
5. Training and Transition: Detailed provisions for seller providing operational training to purchaser
6. Earn-out Provisions: Structure for additional payments based on future performance if part of deal
7. Third-Party Consents: Specific provisions regarding obtaining required third-party consents
8. Data Protection: Specific GDPR compliance provisions if significant customer data is involved
1. Asset Register: Detailed list of all tangible assets included in the sale
2. Equipment List: Inventory of kitchen equipment, furniture, and fixtures
3. Employee Information: List of employees, their roles, and employment terms
4. Lease Details: Copy or summary of premises lease agreement if applicable
5. Licenses and Permits: List of all operational licenses and permits
6. Contracts: Schedule of all contracts being transferred
7. Financial Statements: Recent financial statements and management accounts
8. Inventory List: Current inventory of food, beverages, and supplies
9. Insurance Policies: List of existing insurance policies
10. Intellectual Property: Schedule of trademarks, trade names, and other IP rights
Hospitality
Food & Beverage
Real Estate
Restaurant Management
Franchise Operations
Food Service
Gastronomy
Commercial Property
Small Business
Retail Food Service
Legal
Corporate Development
Mergers & Acquisitions
Operations
Finance
Compliance
Real Estate
Business Development
Risk Management
Property Management
Business Owner
Restaurant Owner
Chief Executive Officer
Chief Financial Officer
General Counsel
Legal Counsel
Corporate Lawyer
Business Development Manager
Franchise Manager
Operations Director
Restaurant Manager
Property Manager
Compliance Officer
Food Service Director
Acquisition Manager
Real Estate Manager
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