Sale & Purchase of Business
Get Help From Our Wollongong Property Lawyers
Buying or selling a business can be a life-changing decision.
This important decision involves a complex transaction in which you need to properly consider a range of legal issues. Depending on the nature of the business being bought or sold, this may involve:
- Identifying the actual people who are parties to the transaction, as well as the correct details of the property and business
- Clarifying what exactly is being bought or sold, such as the business name, website and inventory
- Preparing and reviewing the sale agreement
- Undertaking the necessary due diligence searches for the company or business being purchased
- Negotiating commercial terms with the other party to the transaction including restraints of trade
- Discussing warranties and indemnities
Contact us to enquire about our
fixed fee pricing for the sale/purchase of business and to arrange an appointment to discuss the sale/purchase of a business with a solicitor from our team.
Every business transaction carries risks, but the right legal advice makes all the difference. We make sure your sale or purchase agreement is clear, enforceable, and structured for long-term success.
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Commercial and Retail Leasing FAQs
What aspects of a business transaction do your lawyers handle?
We assist with every stage of buying or selling a business, from identifying the correct parties and clarifying what is being transferred (such as business name, website, and inventory) to preparing and reviewing the sale agreement, undertaking due diligence searches, and negotiating commercial terms including restraints of trade, warranties, and indemnities.
What legal documents are typically involved in these transactions?
A key document is the sale agreement. Our solicitors ensure that this agreement is comprehensive and enforceable, clearly outlining all transaction terms, including any warranties and indemnities, to protect your interests.
Do you offer fixed fee pricing for business sale or purchase services?
Yes, we provide fixed fee pricing, which offers transparency and helps you manage your costs right from the start of your transaction.
What are the key legal considerations when buying or selling a business?
Important factors include:
- Identifying the correct parties involved in the transaction
- Clarifying precisely what is being bought or sold
- Conducting thorough due diligence searches
- Negotiating commercial terms
- Discussing and agreeing on warranties and indemnities
How do you help reduce risks in a business transaction?
Our experienced property lawyers guide you through every step, ensuring that your sale or purchase agreement is clear, enforceable, and structured to minimise risk and support long-term success.