Sample Letter of Intent

Send a letter of intent to indicate your intention on a particular matter. As is the case with all letters, the style and wording you use in a letter depends on the specific circumstances.

Use appropriate tone in your letters, depending on your audience. For example, if you know the recipient well and are not sending a formal letter of intent, you can use more casual tone. Most business letters call for a formal style. In general, it is best to keep letters as short and concise as possible while still communicating the necessary information.

Feel free to customize and modify any of these letters according to your individual needs. Send letters well in advance of any relevant due dates-for example, if there is a date by which you must notify a college of your intent to enroll.

NOTE: In all letters, brackets indicate information that you should fill in. Remove the brackets when you have modified the text to your liking.

It is appropriate to use a letter of intent in several different situations. The most common situation is when you intend to purchase a business. This sample letter of intent demonstrates how to notify an individual of your intent to purchase his or her business.

Your Name
Your street address
Your city and state

Date (MM/DD/YYYY)

Dear [present owner]:

After our discussion on Wednesday, my business partners and I discussed the situation, and we concluded that we intend to purchase your business, Twice Over. We are willing to pay your requested purchase price of $75,000, which includes both the business and all the equipment necessary to operate it, as per our discussion.

We would like to meet with you next Thursday, June 3rd, to finalize the sale. We will bring all the necessary paperwork, signed and completed, and we will tender payment, as agreed. At that meeting, we will also set a date that will not exceed thirty (30) days for when we will take over the operation.

Sincerely,

[Signature]
Typed name

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