Restaurants and Cafés

When you decide to sell your café, a café lawyer is required to draft the Sale Contract and Section 52 – Statement by a Vendor of a Small Business (where applicable).

The Sale Contract

The contract of sale of a business will contain various standard conditions. Part of our role as your restaurant / café lawyers will be to discuss with you various special conditions, which will be tailored to suit your exit requirements, which are particular to your type of business.

It is important to ensure the terms of the Contract are right. An example of such is special conditions that might include very particular matters in relation to how stock will be dealt with. Another example might be how a purchaser default might be handled.

Section 52 Statement

Where the business is being sold for less than $350,000 per annum (taking into account the goodwill, plant, equipment and fittings), this statement must be provided to the Purchaser before the Contract is entered into. It is a form of financial disclosure to the Purchaser which will assist the café buyer in making an informed decision as to the commercial viability of the business. This form is typically prepared by your accountant, we can assist in preparing this statement in conjunction with your accountant, where required.

If you’re ready to speak to an experienced restaurant lawyer in Melbourne, call us today on 1300 907 335 to discuss your situation, or simply complete the enquiry form on this page.

We are very experienced in retail leasing.

As a purchaser, are you entering into a new lease with the landlord, or having the existing lease assigned to you? Do you require assistance in negotiating amendments to that existing lease? We can assist with various questions that you possibly should consider before taking on the lease. Is the lease in its current form, everything that you need it to be? Sometimes it is best to think of these things before you finalise the deal. As a purchaser, it may impact the price that you are prepared to pay for the business. In most cases, the lease will carry significant commercial value – either to the seller or the buyer.

Advising you competently in relation to the lease is part of the end-to-end service that we offer as restaurant / café lawyers in Melbourne. Our dedicated leasing site is here: lease lawyers.

Call 1300 907 335 to discuss this service with an experienced café lawyer. Alternatively, please submit your query via our enquiry form and we will respond to you promptly.