Buying a Business

What Do I Need To Know About Buying a Business?

Buying a business is a huge life decision that can have long term financial consequences for you or your business.

An incorrectly negotiated contract can mean that you do not buy all of the business assets that you thought you were buying, and can result in the business not running the same way you had envisaged, resulting in the loss of potential profits.

A good contract will make sure that the terms of the sale are correctly stated, including the timelines for the transaction, what is included in the sale, and the rights and responsibilities of each party. A good contract will also make sure that the seller won’t be able to re-open the business in a few months and take all of their customers back.

We’ve helped our clients buy and sell bars, pubs, restaurants, salons, gyms, retail shops, wholesale and manufacturing enterprises, online businesses, professional services practices, rent rolls, post offices and pretty much anything in between.

Our expert commercial lawyers have decades of experience and would love to help you with your business acquisition.

Give us a call or submit an enquiry today.

Contact Thornton + King Lawyers

Do you have a question about our services? Contact us today, and a member of our team will get back to you soon.

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What our customers say

Andy was fantastic with our families recent property purchases. We had a longer wait to settle but Andy kept us updated on the status and next steps. As with property purchases the stress levels are high but Andy was calm and reassuring and made the process as seamless as possible. Would recommend Andy and Alan for your next property purchase.

Kylie Bone

3 weeks ago

I am so very disappointed with Thornton and I would never use them again. Their lack of communication, oversights and costs were pretty bad. Then when I reached out to them on their own page; they claimed to have tried to call, yet I had no missed calls, since emailing them again, I have had no reply. I don't know what you have to do to get them to communicate. It's sad with all ...

Chris Shelly

5 days ago

Highly recommended. The team at Thornton + King was very responsive, very knowledgeable and professional. We felt extremely supported and at ease throughout the sale of our IP. Definitely engaging with the firm again for our next property acquisition/sale.

Jerry L

4 months ago

My wife & I have engaged Vanessa Caputo for conveyancing numerous times over the last 10 years. Our experience has been consistently good. Vanessa is able to tap into her considerable experience to provide salient advice & guidance throughout the whole process, be it a property purchase or a sale. We've also received great service from Vanessa's support team, particularly Andy Ha...

Neil O'Malley

4 months ago

Awesome work by Andy. Kept me in the loop at all times and ensured that a smooth settlement went through for my clients. Highly recommend!

Melvin Bautista

2 months ago

Highly recommended. We were very nervous about our purchase via our Super Fund and these guys are all over it. Kept us calm, knew exactly what to do and were super efficient, even though it was over the Christmas/New Year period, they were there! Thank you so much Vanessa, Alan and Amber who looked after us.

Chriss Costi

9 months ago

I have used Thornton + King's service for the purchase of our first home. All throughout the process, they have been very professional and honest with their feedback. They ensured that we understand the impacts of clauses in the contract and possible risks associated with them. We have been able to take informed decisions for every single time and at the end had a very smooth set...

Narayanan Unni

a year ago

Thornton and King were engaged by my wife and I to handle the sale of our apartment. This was our first engagement with them as our previous solicitor had retired and they came highly recommended. I must say I found the experience smooth and faultless. The communication was concise and clear. All aspects were handled with professionalism and at all times we felt our sale was thei...

Neil Ashley