EcomFlips Asset Purchase Agreement
Operated by ECOMFORWARD LLC · Effective 1 July 2026
2026-07-01.v1This is the template. In each deal it becomes a deal-specific Asset Purchase Agreement — the agreed price, the exact assets, the inspection window and both anonymized parties are filled in — and both sides e-sign it before an escrow transaction is created. Each acceptance is recorded with version, timestamp and IP, and a frozen copy of the exact terms is retained as that party's executed counterpart.
1. Parties and role of EcomFlips
This Asset Purchase Agreement is entered into between the Buyer and the Seller for the store in the deal. Both parties remain anonymous to each other and are identified only by their EcomFlips reference. ECOMFORWARD LLC ("EcomFlips") operates the marketplace as a venue and transaction facilitator only — it is not a party to the sale, never holds or controls buyer funds, and does not own the assets being transferred.
2. Assets being sold
The Seller agrees to transfer, and the Buyer agrees to acquire, the following assets included with the store in the deal: the assets listed in the deal. The Seller warrants these are all of the assets required to operate the business as described in the listing.
3. Price and payment via Escrow.com
The agreed purchase price is the agreed sale price. All payment is processed exclusively by Escrow.com, a licensed escrow provider: the Buyer pays the price plus Escrow.com's secure payment fee into escrow. Funds are released to the Seller only after the transfer checklist is complete and the inspection window has ended (or the Buyer confirms early). Any payment made outside Escrow.com violates this agreement and voids all EcomFlips protections.
4. Platform success fee
EcomFlips charges the Seller a success fee of 15% (minimum €500) of the final sale price, collected as broker commission within the Escrow.com transaction and deducted from the Seller's proceeds. The Buyer pays Escrow.com's secure payment fee, shown as a separate line item before committing.
5. Seller warranties
The Seller warrants that they are the legal owner of the store and all listed assets; that all financial figures, metrics and statements provided are true and accurate; that the store is not subject to undisclosed platform suspensions, holds, chargebacks, or disputes; and that no material information has been withheld.
6. Asset transfer
After funds are secured in escrow, both parties complete the transfer checklist in the deal room. Each item requires confirmation by both parties. The Seller must transfer all listed assets promptly and cooperate in good faith. The Buyer must not use, modify, or monetise transferred assets in ways that frustrate a potential refund until funds are released.
7. Inspection window and disputes
Once the checklist is complete, the Buyer has an inspection window of 48 hours for deals under €5,000, or 5 days for deals of €5,000 or more to verify the store matches the listing, and may open a dispute during this window only. Disputes are mediated by EcomFlips and executed through Escrow.com's dispute process; the outcome may be a full release, full refund, or agreed partial resolution.
8. Anonymity, liability and communication
Parties must communicate exclusively through the deal room and must not exchange contact details, store URLs, or transact off-platform. To the maximum extent permitted by law, EcomFlips' aggregate liability in connection with a transaction is limited to the platform fee received for it, and EcomFlips gives no guarantee of the store's future performance.
9. Electronic acceptance
Each party accepts this agreement electronically by clicking "I accept". Each acceptance is recorded with the party's EcomFlips reference, the agreement version, a timestamp and IP address, and a frozen copy of these exact terms — forming that party's executed counterpart, retained by EcomFlips as the transaction record.