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

Buying a Business in Sydney

Business Acquisition

Our commercial lawyers in Sydney are experts in their field and can assist you with various facets of your business acquisition including:

  • Due diligence
  • Business purchase contract review
  • Contract negotiation
  • Business structure advice
  • Lease advice
  • Asset only purchases
sydney business purchase lawyers

Different types of businesses advice

Small Business Purchase

If you are purchasing a small business in Sydney, then there is a set of legal matters that will have to be dealt with. We have a cost efficient, small business purchase package to cater to these types of transactions. The cost of this package will be dependent on the complexity of your purchase. Some legal issues which will need to be considered during the purchase of your business are:

  • Does the seller own the business name?
  • Does the business lease premises? If so, how long is there left on the lease?
  • Does the landlord consent to the sale?
  • Does the business have any debt?

To ensure that you are getting what you pay for in the purchase of your business, it is critical that you contact a business lawyer for expert advice.

Larger Business Purchase

The larger the business you purchase, the more risk that comes with it. Medium and large sized business tend to involve more complex legal issues. You may need to consider aspects such as intellectual property ownership, transferring of employees and the assignment of leases. Our senior business lawyers in Sydney have years of experience in this area and can successfully negotiate on your behalf to ensure that your best interests are served.

Before investing in a medium or large sized business, you must contact one of our professional business purchase lawyers for legal advice.

Matter to Consider when Purchasing Any Business

Due Diligence

Purchasing a business is an exciting time in your life. The business vendor or agent has probably mentioned every positive aspect of the business, but like all things, there are two sides to every story.

When purchasing a business, you should undertake due diligence. Not only should you seek expert legal advice, but you should also have an accountant or financial advisor look at the books.

After years of experience practicing in this area, our lawyers in Sydney have developed a keen eye for what to look out for in business documentation. By undertaking due diligence, you will be able to discover the weak points in the business, which will in turn give 370u bargaining power for negotiating contract terms and price. To undertake due diligence of your small business purchase, you should consider:

  • Financial statements from previous years, including profit and loss statements
  • The strength of the customer base
  • The business premises and any lease involved
  • Your ability to improve the profitability of the business
  • Acting With Your best interest in mind

To ensure that your best interests are served, you should contact a lawyer. Our lawyers in Sydney have knowledge across multiple practice areas including commercial, employment and contract laws. They are commercially savvy and experienced in business purchases

If you are looking for a lawyer that you can trust and who will get the job done, then look no further than our team.

Please do not hesitate to contact us on 1300 907 335 or fill out the contact form on this page and we will be in touch.

Providing clients with the best possible service and advice.

Looking for a Lawyer or Law Firm in Sydney?

You want to know that you are getting advice and real solutions. You not only want a lawyer who has strong experience and knowledge in legal matters, but a lawyer who can also navigate you through the commercial realities.

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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 Sydney and surrounds, from Surry Hills to Hunters Hill. Whether you need our expertise in North Sydney, Abbotsford, Burwood, Greenwich, Hunters Hills, Cremorne, Chiswick, Bellevue Hill, Balmain or beyond, our convenient location allows us to serve locals in these suburbs and many more.

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