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Buying or Selling a Business?

If you are interested in buying or selling a business, make sure you understand your rights and responsibilities. These also need to be clearly defined in the contractual agreement.

Offering Business Law Services

Buying or selling a business is a complex transaction, especially when third parties such as franchisors and landlords are involved. At Carter & Tani, Attorneys at Law, we are committed to protecting your best interests from initial negotiations to the closing. The investments and transactions involved for buyers and sellers require the legal protection that our firm can provide.

Contact our Chicago area business law attorneys if you are considering the purchase or sale of an existing business. We will help you take the necessary precautions to protect your investments.

Representing Clients Selling and Buying Businesses

Whether you are looking to sell your business or are seeking to purchase a business, we can assist you in contract drafting, review and negotiation, due diligence planning, and preparation or review of closing documents, in order to protect your rights. Our business law attorneys offer comprehensive services, including:

  • Non-disclosure agreements
  • Letters of intent
  • Buy and sell agreements
  • Asset purchase agreements
  • Stock purchase agreements
  • Promissory notes and security agreements
  • Lease review and lease assignment
  • Non-compete agreements
  • Closing documents

If you are a buyer, we will help you to understand potential liabilities and hazards before you invest in a business. We can assist you in drafting a purchase agreement so you are clear on which assets will be transferred, which liabilities will be assumed and what liens will be paid off.

Handling the Sale or Purchase of a Franchise

Purchasing or selling an existing franchise makes the transaction much more complex. In addition to the issues listed above, we can help address other important legal issues, including:

  • Due diligence
  • Franchise agreement negotiations
  • Financing terms
  • Non-competes for the seller

Our lawyers are experienced, detail-oriented and thorough in assisting franchisees with the complexities of acquiring or selling a franchise operation.

Handling the Sale or Purchase of a Franchise System

Purchasing or selling an existing franchise company is a very complex transaction. In addition to the issues listed above, we can help address other important legal issues, including:

  • Due diligence
  • Franchise disclosure and registration issues
  • Trademark considerations
  • Assignment and assumption of existing franchise agreements
  • Financing terms

Our lawyers are experienced, detail-oriented and thorough in assisting franchisors with the complexities of acquiring or selling a franchise system.

Contact Our Business and Franchise Attorneys

We will work diligently to protect your best interests in the purchase or sale of an independent business, a unit franchise business, or an entire franchise system. Contact our suburban Chicago law firm in Wheaton, Illinois, to learn how we can help address your franchise or business law concerns.