NDA FROM Reymann Restaurant Brokerage
1. THE PARTIES This Agreement is made on 04/19/2026, between Reymann Restaurant Brokerage "Seller") and {NAME} Prospective Buyer ("Buyer").
2. PURPOSE The Buyer is interested in evaluating the Seller’s business. In connection with this evaluation, the Seller will share proprietary and sensitive information.
3. DEFINITION OF CONFIDENTIAL INFORMATION All information disclosed by the Seller or its Broker, whether written or oral, is "Confidential." This includes, but is not limited to:
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Financial records, tax returns, and profit margins.
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The fact that the business is for sale.
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Customer identities, vendor contracts, and pricing structures.
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Intellectual property, software, or specialized processes.
4. NON-DISCLOSURE & RESTRICTIONS The Buyer agrees to the following:
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Secrecy: To keep all information strictly confidential and not disclose it to any third party (except for their CPA or Attorney, who must also agree to these terms).
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Non-Circumvention: To not bypass the Broker or Seller to attempt a deal directly or use the information to compete with the Seller.
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Non-Solicitation: To not contact any employees, customers, or suppliers of the business without prior written consent from the Seller.
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No Interference: To not disrupt the business operations or employee relationships during the due diligence process.
5. NO REPRESENTATION The Buyer acknowledges that while the Seller believes the information provided is accurate, it is provided "as is." The Buyer is responsible for their own due diligence to verify all facts and figures.
6. RETURN OF MATERIALS If the Buyer decides not to proceed with the Transaction, they must immediately return or destroy all physical and digital copies of the Confidential Information.
7. DURATION & GOVERNING LAW This Agreement shall be binding for a period of 3 years from the date of signing. This Agreement shall be governed by the laws of the State of {STATE}
