Nail Salon Bill of Sale Template

Nail Salon Bill of Sale Template

This Nail Salon Bill of Sale (“Bill of Sale”) is made as of [Date of Bill of Sale].

1. Parties

Seller
Full Legal Name: [Seller Full Legal Name]
Business Name (if any): [Seller Business Name]
Entity Type: [Individual / Corporation / LLC / Partnership / Other]
Address: [Seller Street Address]
City, State/Province, ZIP/Postal Code, Country: [Seller City, State/Province, ZIP/Postal Code, Country]
Phone: [Seller Phone Number]
Email: [Seller Email Address]

Buyer
Full Legal Name: [Buyer Full Legal Name]
Business Name (if any): [Buyer Business Name]
Entity Type: [Individual / Corporation / LLC / Partnership / Other]
Address: [Buyer Street Address]
City, State/Province, ZIP/Postal Code, Country: [Buyer City, State/Province, ZIP/Postal Code, Country]
Phone: [Buyer Phone Number]
Email: [Buyer Email Address]

2. Nail Salon and Location

Salon Trade Name: [Nail Salon Name]
Business Description: [Brief Description of Salon Services, e.g., manicures, pedicures, nail enhancements, related services]

Salon Address: [Salon Street Address]
City, State/Province, ZIP/Postal Code, Country: [Salon City, State/Province, ZIP/Postal Code, Country]

3. Assets Being Sold

Seller sells, assigns, transfers, and delivers to Buyer all of Seller’s right, title, and interest in and to the business assets listed in this Section 3 (the “Salon Assets”).

3.1 Furniture, Fixtures, and Equipment

The Salon Assets include, to the extent owned by Seller:

• Manicure tables and chairs

• Pedicure chairs and foot spas

• Reception desk and seating

• Storage cabinets, shelving, and workstations

• Lighting fixtures and décor items

• Trolleys, carts, and other salon furniture

• Tools and equipment used in providing nail services

3.2 Tools, Supplies, and Inventory

The Salon Assets include:

• Nail tools and implements

• UV/LED lamps and electrical devices

• Polishes, gels, acrylics, dips, and related nail products

• Lotions, scrubs, and other consumables

• Retail products held for resale

• Other on-hand inventory located at the salon on the Effective Transfer Date

3.3 Intangible Assets (If Included)

If agreed by the parties, the Salon Assets may also include:

• The salon trade name and branding associated with the Nail Salon Name stated in Section 2

• Salon telephone numbers and listed business numbers used exclusively for the salon

• Salon website, domain name, and social media accounts used primarily for the salon

• Appointment books, customer contact list, and customer preference notes, to the extent transferable under applicable privacy laws

3.4 Other Included Assets

Other Salon Assets included in this Bill of Sale:

• [Other Included Assets]

4. Excluded Assets

The following items are not included in this sale and remain the property of Seller (the “Excluded Assets”):

• Cash in bank accounts or on hand unless specifically listed as included

• Personal effects of Seller or staff

• Any equipment, tools, or décor specifically listed here as excluded: [Excluded Items]

• Any other assets not expressly included in Section 3

5. Purchase Price and Payment

5.1 Purchase Price

The total purchase price for the Salon Assets (the “Purchase Price”) is:

Purchase Price: [Purchase Price Amount and Currency]

5.2 Payment Acknowledgment

Seller acknowledges receipt from Buyer of the Purchase Price as follows:

Amount and Method of Payment: [Amount, Payment Method]
Date of Payment: [Date Payment Made]

If any portion of the Purchase Price remains unpaid as of the date of this Bill of Sale, the unpaid portion and repayment terms are:

Unpaid Portion (if any): [Unpaid Amount and Currency]
Payment Terms: [Payment Schedule and Method]

6. Transfer of Title, Possession, and Risk

6.1 Transfer Date

Title to the Salon Assets transfers from Seller to Buyer on:

Effective Transfer Date: [Transfer / Closing Date]

6.2 Possession

Seller has delivered, or will deliver, possession of the Salon Assets to Buyer on or before the Effective Transfer Date at:

Asset Location / Delivery Address: [Salon Address or Other Address]

6.3 Risk of Loss

Risk of loss or damage to the Salon Assets passes from Seller to Buyer on the earlier of:

• The Effective Transfer Date; or

• The time Buyer takes possession of the Salon Assets.

7. Condition of Salon Assets

The Salon Assets are sold and transferred to Buyer on the following basis (adapt as needed):

The Salon Assets are sold “as-is,” “where-is,” and “with all faults.” Seller does not make any warranties, express or implied, regarding condition, performance, merchantability, or fitness for a particular purpose, except for the ownership and authority representations in Section 8.

If the parties agree on any specific limited condition warranties, they may be described here:

Limited Warranties (if any): [Description or “None”]

8. Seller’s Representations and Warranties

Seller represents and warrants to Buyer that, as of the Effective Transfer Date:

• Seller is the lawful owner of the Salon Assets being transferred under this Bill of Sale, or otherwise has the right to transfer them.

• The Salon Assets are free and clear of all liens, pledges, and security interests, except as disclosed below.

• Seller has the power and authority to execute this Bill of Sale and to transfer the Salon Assets to Buyer.

Liens or Encumbrances on Salon Assets (if any): [Description or “None”]

9. Buyer’s Representations

Buyer represents to Seller that:

• Buyer has the power and authority to enter into this Bill of Sale and to purchase the Salon Assets.

• Buyer has paid, or will pay, the Purchase Price as stated in Section 5.

10. Lease, Premises, and Licenses (Reference Only)

The parties acknowledge that this Bill of Sale concerns the Salon Assets only. The premises lease, business licenses, and permits are handled separately.

If applicable, the parties may list related agreements here for reference:

• Commercial lease or lease assignment regarding the salon premises dated [Lease or Assignment Date]

• Local or state/provincial business licenses and permits to be obtained or transferred separately

Nothing in this Bill of Sale alone assigns a real property lease or guarantees licensing approvals.

11. Taxes, Fees, and Costs

The parties agree that:

• Any transfer, sales, or value-added taxes specifically applicable to this sale of Salon Assets will be paid by: [Seller / Buyer / Shared – specify].

• Each party is responsible for its own income, profit, or capital gains taxes resulting from this sale.

• Each party will bear its own legal, accounting, and advisory costs, unless they agree in writing to a different allocation.

12. Relationship to Other Agreements (If Any)

If this sale of Salon Assets is part of a larger transaction:

• This Bill of Sale may be delivered pursuant to a separate written agreement, such as a Nail Salon Asset Purchase Agreement dated [Agreement Date].

• If there is a direct conflict between this Bill of Sale and that agreement, the terms of the underlying written agreement will control to the extent of the conflict.

13. Governing Law

This Bill of Sale is governed by the laws of:

Governing Law: [State/Province, Country]

14. Entire Bill of Sale and Amendments

This Bill of Sale records the parties’ understanding with respect to the sale and transfer of the Salon Assets described in it. Any changes to this Bill of Sale must be in writing and signed by both Seller and Buyer.

Signatures

Seller:
Signature: _______________________________
Printed Name: [Seller Full Legal Name]
Title (if signing for a business): [Seller Title]
Date: [Date Signed by Seller]

Buyer:
Signature: _______________________________
Printed Name: [Buyer Full Legal Name]
Title (if signing for a business): [Buyer Title]
Date: [Date Signed by Buyer]

Witnesses (If Used)

Witness 1:
Signature: _______________________________
Printed Name: [Witness 1 Full Legal Name]
Address: [Witness 1 Address]
Date: [Date Signed by Witness 1]

Witness 2 (if required):
Signature: _______________________________
Printed Name: [Witness 2 Full Legal Name]
Address: [Witness 2 Address]
Date: [Date Signed by Witness 2]

Notary Acknowledgment (If Required)

State/Province of [State/Province]
County of [County]

On [Notarization Date], before me, [Notary Full Name], a Notary Public, personally appeared [Seller Full Legal Name] and [Buyer Full Legal Name], who proved their identities on the basis of satisfactory evidence and acknowledged that they executed this Nail Salon Bill of Sale for the purposes stated in it.

Notary Public Signature: _______________________________
Notary Public Printed Name: [Notary Full Name]
My Commission Expires: [Commission Expiration Date]
Notary Seal: ☐