Our APA builder allows you to create a contract within our Deal Room that is then supported by Dropbox Sign eSignature technology.
- Users can use the Flippa APA Builder to generate a legal document for the purchase of an asset.
- Users can also upload their own contract they may have (APA, Share Purchase Agreement, Contract of Sale)
- Both the APA Builder and the Purchase Agreement Upload utilize Dropbox Sign to capture signatures from both parties.
Features of the Flippa APA
Users can create an APA with the following fields, which can be customized and will produce a PDF document unique to their deal.
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Purchase Price - This is the agreed price between Buyer and Seller, excluding the value of any inventory the business may hold.
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Closing Date - The date on which the Buyer and Seller of the assets agree to complete the transaction. On this date, any funds held in escrow will also be approved for release.
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Milestone Payments and Milestone Dates
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Included Assets - Any and all assets that are used to operate the business.
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Excluded Assets - Sellers may wish to be explicit about any accounts or assets that are not part of the agreement.
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Transition Services - Buyers and Sellers can agree and document after-sales support that will be offered in relation to the sale.
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Non-Compete - Buyers may request that the Seller agree not to compete within the same line of business for a set period of time.
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Special Provisions - Specific conditions or requirements peculiar to the contract under consideration and are supplemental to the General Provisions. They are typically added to a contract to address unique circumstances or to clarify or modify the general terms of the contract.
- Warranties - These are assurances from the Seller as to the condition of the target company or business.
Note: This is not to be considered as legal advice. Buyers and Sellers are entitled to and encouraged to have the contract reviewed by their own legal counsel.
FAQs
How do I access and use the APA Builder?
Our APA Builder is available via a tab within the Deal Room for transactions with a sale price of $5,000 USD and above (or equivalent). Once you have clicked on the tab, you will be guided by our step-by-step wizard through each stage of the contact formulation process.
What listings have access to the APA Builder?
Our APA Builder is available for listings above $5,000 USD and where any of the following are met:
- Where a Letter of Intent (LoI) is signed by both parties
- An offer is accepted by both parties in a classified listing
- There is a winning bidder of an auction, including with Buy It Now.
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