Typically, cash is not included as an asset when you sell a business. This means that the seller gets to keep all cash in the bank, petty cash, and other cash equivalents.  What happens to cash during the sale of a business is determined on a case-by-case basis. But usually, it’s excluded from the purchase. However, sellers may be asked to use some of that cash to pay taxes owed, expenses, and outstanding debts. But the remaining cash is usually yours to keep after the business sells.