Skip to content

To continue with your enquiry please complete the form below.

The first section is our Undertaking of Confidentiality and the second section relates to Money Laundering Regulations and your specific enquiry.

Undertaking of Confidentiality

In consideration of My own business sales disclosing or agreeing to disclose to us any Confidential Information (meaning information in whatever format or medium and whether written or oral as supplied by My own business sales directly or indirectly) on any of the businesses My own business sales are marketing for sale, we undertake My own business sales and "The Vendor" (meaning the individual, partnership, company or any other unincorporated association that has instructed My own business sales to sell "The Business" operated by The Vendor) that we shall be legally bound in consideration of the mutual covenants and agreements set herein. "The Business" shall mean the business operated by The Vendor, its parent companies, subsidiaries and all its associated and affiliated, person, partnership, company, body or any other unincorporated association.

  1. 1. We shall treat the Confidential Information received private and confidential and shall maintain its status as such.

  2. 2. You will not start a competing business (with a wide definition) within 20 miles in a 24 month time frame

  3. 3. We shall use the Confidential Information solely for the purposes of evaluating The Business carried on by The Vendor with a view to an acquisition of The Business and not for any other purpose including but without limitation to procure any commercial advantage over The Vendor or My own business sales.

  4. 4. We shall not at any time disclose or otherwise make available to any person any of the Confidential Information other than to the following;

    1. 4.1 Those officers and employees of ours or any parent company or subsidiary who reasonably requires in the course of and solely for the purpose of evaluation of an acquisition of The Business.

    2. 4.2 To our professional advisers where necessary in connection of the proposed acquisition. We agree that any such disclosure is on the basis that such officers and employees and advisers are first made aware of and, accept and agree to be bound by the strict provisions of this undertaking and we will ensure that such officers, employees and advisers abide by such obligations.

  5. 5. We shall keep a record of each location at which the Confidential Information is situated and of each person who is given access to Confidential Information. Upon receipt of a written request we will make this list available to My own business sales.

  6. 6. We shall not disclose the fact that negotiations/discussions are taking place or have taken place concerning the proposed acquisition or any of the terms or conditions thereof save to the persons mentioned in paragraphs 3.1 to 3.2 above.

  7. 7. We shall not without written consent from My own business sales reproduce the Confidential Information whether in eye or machine readable format and we shall upon request by My own business sales immediately return all Confidential Information in whatever format supplied to us all copies and destroy and analysis, compilations, reports and other documents or materials prepared by us or on your behalf which reflect or are prepared from any of the Confidential Information.

  8. 8. We confirm the delivery to us of any information (including, without limitation, budgets and financial forecasts and projections which may form part of the Confidential Information) does not, and shall not be deemed to, constitute any representation/expression of opinion or warranty by anyone as to its accuracy or completeness. Nor shall it form the basis of any contract that may be concluded in respect of the proposed acquisition.

  9. 9. We confirm that we, and the officers, employees or other representatives of our company, will not use the Confidential Information to make contact or approaches of any kind to the staff, customers or suppliers of the Vendor without your prior knowledge and written consent

  10. 10. This agreement is governed by and shall be construed in accordance with English Law. Any disputes or claims arising under or in connection with this agreement shall be subject to the exclusive jurisdictions of the Courts of England and Wales.

Anti-Money Laundering & Buyer Verification

My Own Business is committed to maintaining the highest standards of security, confidentiality and compliance with applicable anti-money laundering legislation.

As part of our buyer verification procedures, we may be required to verify your identity, confirm the source of funds and request supporting documentation before releasing certain confidential information or progressing a business purchase.

All information provided will be handled securely and confidentially in accordance with applicable data protection legislation.

By submitting this enquiry, you acknowledge that additional identity and financial verification may be required as part of the purchasing process.

Your enquiry