Buying/Selling Businesses

Buying/Selling Businesses

Business Law Attorneys for Buying or Selling A Business

If you are interested in buying or selling a business, you want to make sure that you understand your rights and responsibilities and that they are clearly defined in the documents. Buying or selling a business is a complex transaction, especially when third parties such as franchisors and landlords are involved.  We guide you through each step from the initial negotiations to the closing. The investments and transactions involved for both buyers and sellers require the legal protection that our firm can provide.

Contact Carter & Tani if you are considering the purchase or sale of an existing business. We will help you take the necessary precautions to protect your investments.

Whether you are looking to sell your business, or you are seeking to purchase a business, Carter & Tani can assist you in contract review, drafting agreements, due diligence, and important buyer/ seller decisions in order to protect your rights.

  • Non-disclosure agreements
  • Letters of Intent
  • Buy and sell agreements
  • Asset Purchase agreements
  • Stock Purchase agreements
  • Promissory Notes and Security Agreements
  • Lease review/ Lease assignment
  • Employee relations: termination and rehire, non-compete
  • Closing documents

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

Aquiring or Selling a Franchise System. Purchasing or selling an existing franchise system or a franchisor company makes the transaction much more complex. In addition to the issues listed above, practical problem problems associated with such sale, due diligence related to franchise disclosure and registration and franchise relationship laws, duties to franchisees before and after the sale, and trademark consideration are some of the additional legal issues that must be considered and addressed.

Our lawyers are experienced, detail oriented and thorough and will assist you through the complexities of acquiring or selling a franchise system. From our initial consultation and throughout the sale process, and up to and after closing, you can be sure that we will work diligently to protect your interests in the purchase or sale of a unit franchise business or an entire franchise system.

Contact Carter & Tani today to speak with an accomplished franchise attorney with experience in representing purchasers and sellers of business. We would be happy to schedule an initial consultation regarding any legal matter related to franchises, businesses, or other transactions.

● Local, Regional, and National Franchise and Business Representation ●

Carter & Tani Attorneys at Law
402 E Roosevelt Road
Suite 206
Wheaton, IL 60187-5588
Map & Directions
P: (630) 668-2135
F: (630) 668-9009
Contact Us


Carter & Tani is located in Wheaton, Illinois and serves clients in DuPage County, Cook County, Kane County, Will County, McHenry County, and Lake County, including Chicago, Wheaton, Elgin, Aurora, Schaumburg, Naperville, Bolingbrook, Joliet, Oak Brook, Rockford, Peoria, and Springfield. Serving franchisors and franchisees in Northern Illinois, the Chicago metro area, throughout the Midwest and nationally.

FirmSite® by FindLaw, a Thomson Reuters business.