Business Sale and Purchase
Selling a business – you want to make sure that you have the right buyer, who is going to settle on time and pay your price. If you are in a rented premises negotiations must occur with the landlord to transfer the lease. Licenses such as liquor licences, business names, food premises licences must be transferred.
Our lawyers can assist with all aspects of selling your business from drafting heads of agreement, contracts, negotiate on your behalf with the purchaser and other third parties such as landlords, complete transfers and attend to final settlement.
Purchasing a business – before entering into a contract you should obtain independent legal advice and independent financial advice about the viability of the business. We can assist with the legal advice and if you do not have a financial advisor or accountant we can refer you to one that will look after your needs.
Our lawyers assist you in understanding the licences you require to run a business, negotiate with landlords and the person selling the business, liaise with the local council on your behalf and attend to settlement. Never sign a heads of agreement or contract without first obtaining legal advice. Purchasing a business is big step and we want to assist you to become a successful business owner.