If you are a business owner looking to sell or a person wanting to buy a business we would love to help you.

Buying a Business

Buying a business often marks the beginning of an exciting new venture. But it can be a complicated process, and without the right preparations, your dream business could turn into a commercial nightmare.

There are many legal considerations to buying a business. By seeking expert advice from Kaiser Solicitors, you can take the necessary steps to protect your new enterprise – ensuring a smooth transfer of the business and safeguarding against any nasty surprises which may follow the purchase. 

At Kaiser Solicitors, we offer you the peace of mind of knowing that your business purchase is in safe and capable hands. We are specialist commercial lawyers, based in Leeds, who have a profound understanding of the legal and practical realities of buying and selling businesses. 

We work on a fixed-fee basis and can handle the purchase of a broad range of businesses – in many different sectors – including food and hospitality, retail, hair and beauty, as well as professional practices.

Get in touch with one of our lawyers today, for a free, no-obligation chat on buying a business.

How can we help you with buying your business?

When faced with the complexities of buying a business, expert legal guidance can be invaluable. We will thoroughly investigate your situation and the business you are looking to buy, helping you with such details as:

• Negotiating terms for the contract of sale (and for other relevant documents, such as the lease of business premises, heads of terms etc.)
• Arranging warranties and other legal protections in the contract of sale
• Organising the transfer of shares (when buying a limited company)
• Ensuring, where agreed, the purchase of tangible assets (such as the business’s equipment)
• Carrying out ‘due diligence’ checks, examining the current situation and structure of the business.
• Advising on existing business relationships (such as suppliers, clients/customers, and any employees)

If you buy a business without specialist legal support, you run considerable risks. Any problems from the purchase could undermine your business objectives or may result in taking on unwanted liabilities. Some examples include:

• Agreeing to terms which would restrict the trade you intend for your new business. These might be contained in a lease of commercial property or in local authority regulations/planning permissions relating to the business premises.
• Misunderstanding exactly what aspects of the business are included in the purchase.
• Unwittingly accepting responsibility for liabilities which the seller incurred before you purchased the business.

Why use Kaiser Solicitors to buy your business?

Not all commercial solicitors are equal. Choosing the right lawyers for your transaction can make a huge difference to the outcome and to your satisfaction with the whole process.

Here are some of the ways in which Kaiser Solicitors could be the right firm for you:

Kaiser Solicitors can help you to get your business purchase done the right way. With our fixed-fee service, you will know exactly what our costs will be, and with our expertise in commercial transactions, you can be assured that it will be money well spent. Our lawyers focus on the legal and the practical sides of your matter, ensuring that your rights and commercial interests are protected.  

We can assist you to buy a wide range of businesses, including:

• Bars, pubs, and cafés
• Restaurants
• Hair and beauty salons
• Hotels and Bed and Breakfasts
• Shops
• Professional firms, such as architects, accountants, estate agents, and letting agents

Contact us today to get started buying a business. Alternatively, if you would like further information, or to want to chat about your situation, please feel free to get in touch.