Buying and Selling Businesses

The firm handles the sale and purchase of businesses. These can range from buying or selling a franchise business, a milk bar or a large manufacturing company.

We have expertise and experience to deal with the many complications which can arise including:

• employment issues;
• contractual issues. The sale of business agreement is often the critical document in this process. The suitability of copyright contracts would be weighed up against the complexity of the transaction and the need for a specially drafted contract with careful attention to any conditions precedent on conditions subsequent which need to be drafted and/or satisfied.
• Licensing issues including advice in relation to the Liquor Control Reform Act including applying for various licenses, ranging from on-premises licence to general or late night licences.
• Assistance with due diligence procedures when acting for a purchaser tailored to the transaction requirements;
• Registration and GST related issues;
• Leasing issues including a review of existing leasing arrangements and dealing with any assignment of lease issues;
• Intellectual property issues;
• Adjustments for unusual industry requirements;
• Specially drafted special conditions tailored to individual transaction requirements.