Monday to Friday:- 8:45am – 5:15pm (Brisbane Office)

Buying a Business in Brisbane

Capitalise on our knowledge

Drawing on our considerable experience in business purchase transactions, we provide sensible and strategic legal advice across a broad range of industries. Every business is unique and our business purchase lawyers are experienced listeners who appreciate the idiosyncrasies of every business and will work with you to advise of potential issues and diligently coordinate your business purchase.

We can assist you with:

  • Business Purchase Contract Review – when buying a business, it’s recommended that you don’t just sign the contract. Get the contract reviewed by a lawyer first as there are many matters that need to be considered. The contract will often (usually) require amendment, to reflect the “deal” and to not be slanted the seller’s way. The financial consequences can be huge if not properly drafted.
  • Contract Negotiation – a business lawyer can assist with negotiations prior to you entering the contract. Sometimes this is negotiating contractual terms and sometimes this is the parties entering into a Heads of Agreement.
  • Business Structure Advice – selecting the incorrect purchasing entity can have significant legal consequences. Structures can often be changed later but at a significant cost. Thinking about the purchase entity from the outset is a vital consideration.
  • Commercial Lease Advice – many franchises come with premises. Our lawyers can provide clear, experienced advice about any type of lease.
  • Asset Only Purchases – this is when there is no goodwill, just assets, being bought. This requires a different style of purchase agreement and different legal consideration.
lawyer buying a business

Different types of businesses require different advice

Small Business Purchase

Small businesses have their own set of issues that require legal knowhow. Just a few examples include:

  • how much time is left on the lease? Does the landlord agree to the sale?
  • does the seller owe money on the inventory or equipment, and could it be repossessed by suppliers?
  • what restraint of trade is there on the seller? Is it enough?
  • how will stock be dealt with?

It is imperative that in the enthusiasm to buy or start a new business, these types of issues are explored and resolved to your satisfaction.

Larger or more complex businesses

Larger business interests often involve more complex issues necessitating diligent research, and considered thought. These may include matters such as intellectual property rights, employment considerations, ownership arrangements and assignments of existing structures. Our senior business purchase lawyers can work with you from conducting due diligence and drafting contract documentation and through to settlement. PCL can provide advice in relation to medium to larger acquisitions.

Why Choose Us?

In everything we do, we believe in challenging the status quo; we believe in thinking differently and understand the business acquisition space.

We challenge the status quo by providing a service that is cost-effective, timely, user-friendly and eminently sensible.

We are here to help make your business purchase as seamless as possible!

Call us today to discuss your individual circumstances on 1300 794 559 or simply fill out the contact form on this page we will promptly get back to you.

Providing clients with the best possible service and advice.

Looking for a Lawyer or Law Firm in Brisbane?

Our Brisbane Lawyers will provide you with expert legal advice as well as practical solutions. Our law firm has extensive experience in guiding client through their matter addressing commercial considerations and real-life situations and resolving issues quickly.

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Office Hours: Monday to Friday: 8:45am – 5:15pm
(We can accommodate appointments out of these hours if required.)

We provide our legal services across Brisbane and surrounds.

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