Professional templates for buying and selling a business
Thorough Danish templates from the first NDA to the signed purchase agreement — with placeholders and guidance in every section. The agreements themselves are in Danish.
- Word and PDFEdit in Word, or fill in the fields here and download a finished PDF.
- With guidanceEach section explains what is normal and what to watch out for.
- For sellers and dealsRead excerpts freely. Fill in, edit and download with an active listing or an ongoing deal.
All documents
In the order you will typically need them — from first contact to signing.
- Confidentiality
Non-disclosure agreement (NDA) for the sale of a business
One-way or mutual non-disclosure agreement for use before the seller shares accounts, customer information and other sensitive data with a potential buyer. Includes non-solicitation, no-contact, return of information, an optional contractual penalty and a GDPR section.
Free with accountWord + PDF - Deal agreements
Letter of intent (LOI) for buying a business
Letter of intent setting out the preliminary main terms of a business acquisition — purchase price, payment structure, conditions and timetable — with binding exclusivity and confidentiality and clearly separated non-binding terms.
With listing or dealWord + PDF - Deal agreements
Asset purchase agreement for buying a business
Comprehensive purchase agreement for the sale of a business’s assets — fixtures and equipment, stock, goodwill, domains, customer records, intellectual property rights and contracts — with purchase price allocation, employees, seller’s warranties, limitation of liability, non-compete clause and VAT-free transfer.
With listing or dealWord + PDF - Deal agreements
Share purchase agreement (SPA) for an ApS or A/S
Template for the purchase and sale of shares in an ApS or A/S — with a purchase price mechanism, closing, comprehensive seller’s warranties, tax indemnity and limitation of liability.
With listing or dealWord + PDF - Deal agreements
Power of attorney for a business sale
Power of attorney giving a person the right to negotiate and sign on behalf of the seller or buyer in a business transaction — as a general or specific power of attorney, with limitations, a period of validity, rules on revocation and attesting witnesses.
With listing or dealWord + PDF - Sales material
Sales presentation (information memorandum)
Template for a sales presentation that tells the whole story of your business to buyers who have signed an NDA — from summary and market to financials, growth opportunities and the deal.
With listing or dealWord + PDF - Sales material
Key figures sheet
Interactive key figures sheet: enter three years of accounts and get gross margin, profit margin, normalised EBITDA, equity ratio and current ratio. Download as a spreadsheet (CSV) or PDF.
FreeInteractive - Sales material
Seller’s guide: how to sell your business
The complete guide from the decision to sell to the handover: preparation, valuation, asset or share sale, buyer, negotiation, due diligence and purchase agreement.
FreeGuide - For buyers
Due diligence checklist for buying a business
Buyer’s guide and checklist with more than 120 points for examining a business thoroughly before you buy — finances, tax, contracts, employees, IT, rights, leases and regulatory matters.
Free with accountPDF - Premises and business leases
Commercial lease for business premises
Template for leasing a shop, office, warehouse or restaurant premises under the Danish Commercial Leases Act (erhvervslejeloven) — with non-terminable periods, rent adjustment, deposit, maintenance, assignment on the sale of a business and moving out.
With listing or dealWord + PDF - Premises and business leases
Business lease agreement (forpagtning)
Template for the business lease (forpagtning) of a restaurant, café, shop, kiosk or hotel — with an inventory list, fixed or turnover-based fee, duty to operate, employees, stock, purchase option and handback.
With listing or dealWord + PDF
How to choose the right template
Use the template that fits where you are in the deal. That way you include the important information, and the process gets easier for both parties.
- 1Choose your purposeAre you selling, buying, sharing confidential information or renting premises?
- 2Find the documentThe categories follow the order of a deal, from first contact to signing.
- 3Fill in and adjustFill in the fields in the editor, and adjust the text to your deal.
- 4Use it in the dealDownload the document in Word or PDF, and share it with the buyer, seller or adviser.
Example: Sales presentation
- {{virksomhed_navn}}
- Resumé
- Virksomheden
- Historie
- Produkter og ydelser
- Marked og konkurrence
Frequently asked questions
Usually a non-disclosure agreement (NDA), a sales presentation, a letter of intent (LOI), a due diligence checklist for the buyer and a purchase agreement for either the assets or the shares. Depending on the deal, you may also need a power of attorney, a new lease or a business lease agreement.
You can read the first sections for free. The NDA and the due diligence checklist can be filled in and downloaded with a verified account. The other templates require an active or pending listing or an ongoing deal on Sitavo. Listings are free.
Yes. The templates are written for both online and physical businesses, and there are separate templates for commercial leases and for leasing out a business such as a restaurant, café or shop.
The templates are filled in with the editor in your account and downloaded in Word and PDF. The due diligence checklist downloads as a PDF, and the key figures sheet as a spreadsheet (CSV) or PDF.
That is recommended, particularly for the purchase agreement. The templates are a thorough starting point, but they do not take account of the specific circumstances of your deal, such as tax, employees, leases or special warranties.
- Save timeStart from a finished structure instead of a blank document.
- Professional resultCome across as thorough and trustworthy to the other party.
- Better dialogueDiscuss the same points, so you reach agreement faster.
Get access to all templates
With an active listing or an ongoing deal, you can fill in, edit and download every template in Word and PDF. The buyer NDA and due diligence checklist only require a free account.
How the deal process worksWhich document do you need,
and when?
A business sale almost always follows the same order, and that applies to an online shop, a SaaS product, a hair salon and a trade business alike. The documents below are listed in the order you will usually need them. Each builds on the previous one, so it pays to get the first one right.
Guides on the topic
Step-by-step knowledge that helps you make the right decision.
Overview1.Introduction
| Stage | Document | What it does |
|---|---|---|
| 1. First contact | Non-disclosure agreement (NDA) | The buyer promises to keep figures and details confidential before you share them. |
| 2. Presentation | Sales presentation and key figures sheet | The full story of the business and its numbers, so the buyer can make an informed offer. |
| 3. Negotiation | Letter of intent (LOI) | Price, payment structure, conditions, timetable and exclusivity before anyone spends money on advisers. |
| 4. Investigation | Due diligence checklist | The buyer reviews finances, contracts, employees, IT and rights. |
| 5. Agreement | Asset purchase agreement or share purchase agreement | The binding contract with price, warranties, liability and handover. |
| As needed | Power of attorney, commercial lease, business lease | When someone else signs, when premises are rented, or when the business is leased out instead of sold. |
Asset sale or share sale?The biggest choice in the documents is what is being sold.Selling
The biggest choice in the documents is what is being sold. In an asset sale, the buyer acquires the individual parts of the business, such as fixtures, stock, domains, customer records and goodwill, while the company and its history stay with the seller. In a share sale, the buyer acquires the whole company (a Danish ApS or A/S) with all its assets, contracts and liabilities. The choice affects tax, liability, employees and which contracts need third-party consent. The seller’s guide chapter on asset or share sale explains the differences, and your accountant should look at the tax position before you decide.
Online and physical businessesThe templates cover both.Types
The templates cover both. For an online business, much of the work is transferring domains, hosting, source code, accounts and traffic sources, which is covered in the purchase agreement’s asset list and the due diligence checklist. For a physical business, the lease, fixtures, stock, licences and employees often matter most. That is where the commercial lease and possibly the business lease come in, and the Danish Transfer of Undertakings Act (virksomhedsoverdragelsesloven) can mean that employees move to the buyer; see the chapter on physical businesses.
Who can use the templates?Everyone can read the first sections of each template on this site.Guide
- Everyone can read the first sections of each template on this site.
- With a verified account you can fill in and download the NDA and the due diligence checklist, because buyers need them before there is an offer.
- With an active or pending listing, or an ongoing deal, you can use the whole library: fill in the fields in the editor in your account, edit the wording directly, save drafts and download in Word and PDF. Fields can be pre-filled from your own listings and deals.
- The seller’s guide and the key figures sheet are free for everyone with an account.
The agreement texts are in Danish, because the deals they cover are governed by Danish law. Listings on Sitavo are free, so if you have a business for sale, you get access to the templates by creating a listing.
Template or lawyer?A good template saves time and gives you a structure, so you know what needs deciding.Guide
A good template saves time and gives you a structure, so you know what needs deciding. It does not replace advice. The larger the deal, and the more employees, leases or customers with personal data involved, the more important it is to have a lawyer review the agreement and an accountant look at tax and VAT. If you want help with the whole process, you can find an adviser or broker, and if you want a realistic price level first, start with a valuation.
Not legal advice. The template is a general starting point and not legal, tax or financial advice. It does not take account of the specific circumstances of your particular deal. Always adapt the document, and have a lawyer and an accountant review it before it is signed. Sitavo is not a party to the agreement and accepts no liability for the use of the template.