Document background
The Restaurant Sale Agreement is a crucial legal document used in the Netherlands when transferring ownership of a restaurant business. It serves as the primary contract governing the sale of both tangible and intangible assets, including equipment, inventory, goodwill, and operational rights. This agreement is particularly important in the Dutch context as it must comply with specific regulatory requirements, including the Drank- en Horecawet (Licensing and Catering Act), food safety regulations, and employment law provisions. The document is designed to protect both the seller's and buyer's interests while ensuring a smooth transition of ownership, addressing key aspects such as asset valuation, employee transfers, permit assignments, and ongoing obligations. It's essential for any restaurant sale transaction in the Netherlands, whether involving small independent establishments or larger restaurant operations.
