SMEs
SMEs - acquisitions and disposals of Businesses
Business purchase and acquisitions
Purchasing a Business?
In the purchase of businesses, please note that securing the Landlord’s consent to the assignment or transfer of the Lease is crucial to secure the goodwill attached to the Business.
At Zhang Partners, our commercial conveyancing purchase package includes (by no means exclusive):
Contract review; advice and negotiations.
Lease review, advise and negotiations
transfer and registration of your business name;
transfer/assignment of lease/new lease
full due diligence on intended purchase
You will have complete peace of mind when purchasing your business with us.
Selling a Business?
If you are a Business Owner and are considering to sell your business, give us a call today. We will have all your hassles and queries taken care of.
High profile acquisitions & disposals handled by our team
Liquor License
Do you own a Restaurant?
Are you looking to purchase a Restaurant?
A Liquor License adds commercial advantage to your dinning business, give us a call today and see how we can help you with your liquor license application.
Disclaimer: Contents provided on this webpage are general information only and are not intended to be legal advice. Legal advice will only be provided upon consultation with our office.
Retail / Commercial Leases
Quite often, your small business acquisition acquisition will involve a retail lease to be transferred or a new lease to be granted by the Lessor.
You should have a thorough understanding of all lease terms and have at least obtained the preliminary consent of the Lessor before you proceed with the Business acquisition.
If you are disposing a Business, you should ensure that you are properly discharged as a guarantor from the retail Lease during the disposal process.
The Building and Construction Industry Security for Payment Act 1999 (NSW)
Traditionally, construction disputes are among some of the most expensive lawsuits involving heavy proceedings at the Supreme Court. The Building and Construction Industry Security of Payment Act 1999 (NSW) (“SoPA”) has bought this to an end.
The SoPA was implemented to ensure that those who carry out construction works or who supply related goods and services are entitled to receive and recover payments.