Restaurant Bill of Sale Template

RESTAURANT BILL OF SALE TEMPLATE FAQ

What is a Restaurant Bill of Sale?

A Restaurant Bill of Sale is a written document that records the sale and transfer of a restaurant’s business assets — such as kitchen equipment, furniture, inventory, and the restaurant trade name — from a seller to a buyer. It confirms what was sold, the purchase price, and the effective date of transfer.

Does this document sell the whole business or just the assets?

This template is written mainly as an asset sale document. It records the transfer of the restaurant’s business assets and, if agreed, the trade name and goodwill. If the parties are selling the entire company (shares or membership interests), they would usually use a separate share or equity transfer agreement, sometimes together with a bill of sale for assets.

What should a Restaurant Bill of Sale include?

It should clearly identify the parties, describe the restaurant and its location, list the assets being sold (kitchen equipment, furniture, POS, inventory, décor, etc.), state the purchase price and payment, set the transfer date, address whether the assets are sold “as-is” or with limited warranties, and clarify responsibility for taxes and fees.

Does this document transfer the restaurant lease or licenses?

Not by itself. Commercial leases and certain licenses (for example, liquor licenses or health permits) often require landlord or government approval and separate paperwork. This template lets you reference related agreements, but lease assignments and license transfers are usually handled separately according to local law and the lease terms.

Do I need to notarize a Restaurant Bill of Sale?

Not always. Some transactions do not require notarization, but it can provide extra proof that the parties signed the document and may be requested by lenders, landlords, or authorities. This template includes optional witness and notary blocks you can use if notarization or witnessing is required.

Can AI Lawyer help me customize this Restaurant Bill of Sale?

Yes. AI Lawyer can help you adapt this Restaurant Bill of Sale template with your restaurant details, asset list, purchase price, payment terms, and governing law so you have a clear, professional document ready for review and signature.