Name of Partner Offering to Purchase other Partner’s Interest, of Address of Partner Offering to Purchase other Partner’s Interest (“Buyer”) hereby offers to purchase from Name of Partner Receiving Offer, of Address of Partner Receiving Offer (“Seller”) all of Seller’s one-half (1/2) partnership interest (the “Partnership Interest”) in the partnership (the “Partnership”) carrying on the business of Brief Description of Nature of Partnership Business (ie. a Pizza Restaurant) from premises at Premises of Partnership under the name Partnership Name, upon the following terms and conditions:
- The purchase price for the Partnership Interest will be Purchase Price of Partnership Interest (ie. $50,000.00), which will be payable by cash or by certified check on the Closing Date (as defined below). The Buyer will also assume all liabilities of the Partnership on the Closing Date.
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