What Is a Typical Wholesale Agreement?

[Michealbrooks]

A wholesale agreement is a contract between two parties that defines the terms of the sale. The formulation of an agreement has several ways, but it typically contains information about the wholesale deals, like the item sold, who is selling it, and how much they are charging.

Many types of sales use Wholesale agreements, but most commonly for manufacturing or distribution purposes. When someone wants to buy something from another without owning it, they can also use an agreement. It may also include details on the number of items sold and the percentage of the sale going to each party.