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Sale Of Business

Is Your Business Ready for Sale?

Is Your Business Ready for Sale? Early Legal Considerations To ensure that a Business Sale Contract can be promptly submitted to your eventual buyer following negotiation of a price and sale terms, you should consider the following and provide us with early instructions to address any matters and/or to prepare a draft Business Sale Con...

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Buying & Selling Businesses

 

 

Get the deal done right and avoid any costly fallout.  

All businesses are different. Rarely does the real value exist in the plant and equipment. As such, sale of business transactions are more susceptible to ending up in expensive litigation if a buyer doesn't feel that they got what they bargained for.  

Our expert Commercial Lawyers will ensure all aspects of the deal are properly addressed so you can get on with businsess, retirement or your next venture sooner.

There's nothing until there's a signed Contract.

For a no obligation phone evaluation

Call Now - 02 4952 3901

How We Help

 

Our Commercial Lawyers have extensive experience in buying and selling businesses and company mergers and aquisitions.

Most sale of business contracts require payment of a substantial sum for goodwill, an intangible asset. Be sure you are getting what you think you are paying for before binding yourself to a Business Sale Contract.

Buying or selling a business is a commercial transaction. Like every commercial transaction it is fundamental that a comprehensive, clear and accurate Contract be prepared and executed. The clear recording of the buyer's and seller's rights and obligations in a Business Sale Contract will ensure a smooth transaction and minimise the risk of expensive litigation if a dispute later arises.

Remember a business is not bought or sold until a Business Sale Contract has been signed and performed. If your business is located in NSW we can help.

When Should You Speak to a Lawyer?

 

In most cases it is best that you speak to us about the proposed sale or purchase of business before or during negotiations with the other party. We typically do not charge for this initial advice.

We will usually be able to identify matters that you have overlooked and can then raise directly in the initial negotiations. This may save time and avoid complications by us not having to raise the matter in negotiations after a heads of agreement have been prepared.

   

Let us take care of the Detail.

For a no obligation phone evaluation

Call Now - 02 4952 3901

We Can Assist With

 

We provide advice in relation to:

  • Preparing a Business for sale,
  • Pre-contractual negotiations and drafting Heads of Agreement, or Exclusivity Agreements,
  • Drafting  Business Sale Contracts and negotiations,
  • Business Legal Due Diligence,
  • Assignments of Lease or the Surrender and grants of a new Lease,
  • Assignments of Franchise Agreements,
  • Reasonable Restraints of Trade,
  • Structuring Options for the purchaser entity,
  • Transfers of Employees, Employment Contracts and Employee Entitlement Adjustments,
  • Transfers of Business Names, Trade Marks, Intellectual Property, Domain Names, 
  • Transfers of Supplier Agreements and Licences,
  • Business Debtors Adjustments,
  • Loan & Security Agreements including Vendor Finance Agreements, and
  • Option Agreements and Rights of First Refusal.

Success Stories

 

"Building Services Contractor sells controlling interested to Private Equity company in complex $15 million deal".

"Software developer sells intellectual property to public come in $6 million once-in-a-lifetime deal".

"Clients cash in on once in a lifetime sale of business after trading for only three years."

"Health Professionals incorporate company and purchase a business while enjoying a family holiday."

Read more...

Our Commercial Lawyers

 

     Sam Roberts

  Accredited Specialist
(Commercial Litigation)

Matthew Bryan

Special Counsel

Amanda Crosbie

Senior Solicitor


 Rebecca Wosman

        Solicitor


Call now to speak to an experienced Commercial Lawyer about your Sale or Purchase

02 4952 3901

 

CONTACT US ON 02 4952 3901

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