| Estimate No. | 1001 |
| Prepared Date | October 17, 2026 |
| Expiration Date | November 16, 2026 |
Your Company
Your Client
123 Street Name, Ste 987
Sampletown, XY 50001
Representing you as the buyer in the purchase of the assets of a local business, from the letter of intent through closing. The estimate is based on our hourly rates and the hours we expect each phase to take.
| Description | Qty | Total Price | ||
|---|---|---|---|---|
| Letter of intent | ||||
|
Review and negotiate letter of intent (partner hours) |
3 | $1,050.00 | ||
| Due diligence | ||||
|
Due diligence request list and document review (associate hours) |
14 | $3,150.00 | ||
|
Lien, judgment, and litigation searches (paralegal hours) |
4 | $500.00 | ||
|
Due diligence memo and call (partner hours) |
3 | $1,050.00 | ||
| Purchase agreement | ||||
|
Draft asset purchase agreement and schedules (associate hours) |
16 | $3,600.00 | ||
|
Review and negotiate the agreement (partner hours) |
10 | $3,500.00 | ||
| Closing | ||||
|
Bill of sale, assignments, and closing documents (associate hours) |
8 | $1,800.00 | ||
|
Closing checklist and coordination (paralegal hours) |
6 | $750.00 | ||
|
Closing and post-closing filings (partner hours) |
3 | $1,050.00 | ||
| Costs | ||||
|
Search and filing fees (estimated) |
1 | $450.00 | ||
| Total Due | USD $16,900.00 | |||
This estimate is valid for 30 days. It’s an estimate, not a fixed fee. Time is billed at our hourly rates in tenths of an hour.
What could change it: how organized the seller’s records are, how much the agreement is negotiated, leases or licenses that need consent to transfer, lender requirements, and any issues found in due diligence. Not included: tax advice, financing documents, real estate purchases, and employment matters. We’ll tell you early if the work is heading past this estimate.
Our engagement letter will set out the scope and terms once you’re ready to go ahead.