Letter of Intent for Sale of Business

To,

Owen Wilson

Administration Department Head

Ben Steel Manufacturers Company

78 Off Side road

Holly Wood, Los Angeles 7256

Dated: 1st of June 2012

Subject: Letter of intent for selling business

Respected Mr. Wilson,

This letter is to bring to your notice that we intend to sell our firm Steel Authority Limited to your organization.

We came across the information from one of our sources that your organization is planning to buy non functional firms in order to extend your business. We are a steel manufacturing company running into losses since last two years which is due to high level of attrition in the company.

As I stay in a different country running this business means loss for me and this is the vital reason for selling off the business. I am sure that you would be interested in buying our business as your organization is into manufacturing similar products. Keeping your reputation in mind, I am sure that you will give a new shape to the business and change it into a profitable venture.

I am looking forward to your positive response so that we can sell this deal. You can contact us on 99-898-8889 for any further information from our side.

Regards,

Brett Lee

CEO

Steel Authority Limited

Posted in Letter of Intent