Business Purchase Lawyers Sydney

We help buyers, investors and small business owners to review contracts, manage risk and complete business purchases with confidence. Our Business Lawyer’s role is to make the process safe and predictable. We review the contracts, employees, leases, financial records, licences and intellectual property to ensure you understand exactly what you are buying.

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+61 2 8386 8592

Types of Business Purchases We Help With

Key Issues We Review Before You Sign

Buying a Business / Selling a Business Lawyers NSW

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*Free consultation is limited to 15 minute phone call for us to give preliminary advice

Buying a Business in Sydney – Why Legal Advice Matters

Buying an existing business can be a smart way to step into ownership, but it is also one of the highest-risk transactions you can make. A business that looks profitable on the surface may carry hidden liabilities, unclear ownership of assets, old tax issues, unreviewed employee entitlements or leases the landlord won’t transfer.

Without checking the legal and commercial framework of the business, buyers can unintentionally take on problems that reduce the value of what they are paying for. Instead of dealing with uncertainty, you get a clear, step-by-step plan from due diligence to settlement, supported by business lawyers who focus on practical outcomes that protect your investment.

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Our Step-by-Step Process For Buying a Business

Initial Consultation and Review of the Deal

We discuss your goals, review early documents and identify potential risks. This ensures you approach the purchase with the right structure and strategy from the beginning.

Heads of Agreement and Offer Terms

We help refine key commercial terms so they are clear before the detailed contract is drafted. This reduces later disputes and speeds up the transaction.

Contract Drafting, Negotiation and Due Diligence

Legal due diligence and contract negotiation run together. We review the seller’s information, negotiate terms and ensure the contract properly reflects the commercial deal.

Pre-Settlement Preparation

We coordinate landlord approvals, regulatory requirements, finance conditions and consents from suppliers, franchisors or licensing bodies as needed.

Settlement and Handover

We finalise settlement documents, adjust stock and financial items, transfer registrations and ensure a smooth handover of business operations.

Need Help?

Looking for a Lawyer or Law Firm in Sydney?

Get a free consultation

If you are considering buying a business, we can help you complete the transaction safely and with confidence. Our team reviews your risks, handles negotiations and manages every legal step through to settlement. We also review contracts at short notice if you are working to a deadline.

Address

Suite 904/10 Help St, Chatswood, NSW 2067, Australia

How Our Business Purchase Lawyers Help You

Why Choose CMI Legal for Business Purchases in Sydney

We provide businesses with unlimited legal help

Client Testimonials and Reviews

CMI Legal | Business Lawyers, Migration Lawyers & Contract Lawyers

5.0

Based on 70 reviews

review us on

Joe Shi

5 months ago

Tina Tang is doing excellent service job as a profesional lawer and provide valued information about property purchase issue.Thank you so much,we are appreciated to your skilled help and hope to cooperate with your esteemed company,current residential living apartment 506/2-4 Culworth Ave Killara should be put in market,we hope Tina Tang will provide support as well.thank you so much.
Joe Shi

Sydney Translation

6 months ago

Ying Wan

6 months ago

We had an excellent experience with CMI Legal during our property purchase. The team was highly professional, detail-oriented, and extremely knowledgeable throughout the entire process. They carefully reviewed all contracts, clearly explained potential risks, and provided practical advice at every stage, which gave us great peace of mind. Communication was prompt and clear, and they were always patient in answering our questions. Their efficiency and attention to detail made what could have been a stressful process smooth and well-managed. We would confidently recommend CMI Legal to anyone looking for reliable and trustworthy conveyancing and legal services, with special thanks to Tina for her professionalism, patience, and exceptional support throughout the process.

郭小姐

7 months ago

Attorney Tina was professional and patient; I am very grateful for her legal assistance during my home sale process.

Solutions NovaBuild

7 months ago

John and Tina are the best! I just had another settlement through them. Everything was so smooth and they are reminding you every step for the key points.

P W

9 months ago

I recently used CMI and worked with Tina for my property settlement. Tina was extremely helpful, patient and very professional throughout the entire process. She explained everything clearly, kept me updated at every step and made the whole experience smooth and stress-free. I couldn’t have asked for a better lawyer. Highly recommend Tina and the CMI team!

Andy Hsieh

9 months ago

I’ve been incredibly lucky to have Tina as my solicitor. She has been outstanding throughout the entire contract exchange and settlement process. She is always the first to respond, timely, and extremely efficient. Her attention to detail is exceptional, and she consistently makes sure everything is in the buyer’s best interest. Super attentive, helpful, and genuinely caring. I wouldn’t hesitate to recommend Tina to anyone looking for reliable and professional legal services.

David Lin

9 months ago

Many thanks to Senior Lawyer Tina Tang for helping me handle the sale of my property in Sydney. She liaised with the real estate, banks and buyers broker and explained everything well and handled the sale meticulously.Her professional ability, experience and sense of responsibility are trustworthy. I recommend Tina and CMI for anyone looking for support in real estate sales.
David Lin

Denis Lebrun

9 months ago

John Zhang has been absolutely great in helping me with my EOI and application for a skilled visa in Australia. On both calls I've had with John, I have had a multitude of questions for him which he answered in depth and gave me all the information I required. He really has a great amount of knowledge and I would highly recommend him and the CMI legal team for their efficiency and professionalism.

Jing LI

11 months ago

I was very fortunate to have Tina TANG from CMI as my conveyancing solicitor for the recent sale of my property. She demonstrated exceptional professionalism and dedication throughout the entire process — from preparing the contract, exchanging contracts, right through to settlement. What impressed me the most is that even after settlement, she continued to go above and beyond to assist me as the vendor, making sure everything was properly taken care of.

Her diligence, patience, and attention to detail gave me great peace of mind and took away a lot of the stress of selling a property. I would highly recommend her to anyone looking for a reliable, professional, and truly supportive conveyancing solicitor. ⭐⭐⭐⭐⭐

Sabrina Ng

1 year ago

Outstanding service from start to finish. Tina Tang handled my unit's sales contract with exceptional professionalism. Communication was always clear and prompt, making the whole process smooth and stree free. I highly recommand Tina to anyone seeking a reliable and knowledgeable solicitor.

Max Swan

1 year ago

I’ve had an incredibly positive experience working with John & Winnie on my matter. From start to finish, they have been professional, knowledgeable, and genuinely supportive throughout what’s been a stressful time for me.

They explained every step of the process clearly, responded promptly to any questions I had, and made complicated situations feel a lot more manageable. I felt like I was in good hands the entire time, and their calm, confident approach really helped me stay grounded.

Highly recommend CMI services to anyone needing immigration or legal assistance — couldn’t be more grateful.

Thanks again!

danny

1 year ago

As an old customer of CMI, this year is already the 8th year. Special thanks to attorney John and attorney Tina for carefully answering our various questions, providing a lot of professional advice and help, allowing us to easily complete each transaction.

Vivien Lu

1 year ago

Tina was a great lawyer - she was always incredibly knowledgeable, answered all questions promptly, and very friendly. Would recommend Tina!

Zhiyi LI

1 year ago

Jeremy Tong

2 years ago

Tina was a great help in guiding us through our first home buying experience. She gave us a lot of great explanations and advice from initial discussion of the process through every step until successful settlement. Communication and resolution of issues was prompt and professional.

Yun Jung Hsieh

2 years ago

Tina is a fantastic lawyer. her responses to my queries were thorough and timely, and impeccable organizational skills! Truly appreciated her clear and consistent communcation througout the entire property-purchasing process. she handled everything with profressionalism and expertise, making what could have been a stressful experience much smoother. Highly recommend!

Jeena Jung

2 years ago

We had the pleasure of working with Tina as our solicitor for our first home purchase, and we couldn’t have been in better hands. She carefully explained every step of the process, guiding us through what initially felt overwhelming and unfamiliar. Buying off the plan made us particularly cautious, especially when it came to reviewing legal documents. Tina’s meticulous approach put us at ease—she ensured we both clearly understood each aspect, taking the time to highlight and reorganise information to make it more accessible. Her dedication and professionalism made the entire experience far less daunting, and we’re truly grateful for her support.

Keyu Jiang

2 years ago

John and Tina have provided great professional legal service since 2017 for me.

Ian Pereira

2 years ago

I realised that I hadn’t left a review for my dealings with CMI legal. I had dealt with them a few months ago, but an epiphany made me come and leave a review.

5 stars is insufficient to express their work. We were working Dee and she is an amazing and thorough professional. She goes above and beyond and explains matters that makes you understand things really well. Thank you Dee for your amazing work.

FAQs About Business Purchases

Do I need a lawyer if the broker has already prepared the contract?

Yes, brokers act for the seller, not the buyer. Their contracts often miss key protections, warranties and risk provisions that safeguard your investment.

What is the difference between an asset sale and a share sale?

An asset sale transfers assets only, while a share sale transfers the whole company, including liabilities. We help determine which structure fits your commercial and tax goals.

What documents should I review before paying a deposit?

At minimum, financials, lease documents, employee records, licences, contracts and the business structure. Early legal review prevents costly surprises later.

How long does a business purchase take?

Most transactions take four to eight weeks, depending on due diligence, landlord consent and the complexity of the contract.

What happens to employees when I buy the business?

You may take them on under the Fair Work Act with entitlements adjusted at settlement. We make sure these obligations are properly documented.

Who pays for stock, equipment and goodwill?

The contract outlines valuation and payment. Stock is usually adjusted at settlement. We ensure these provisions are clear and fair.

How are leases and landlord approvals handled?

We liaise with the landlord, review the lease and ensure all conditions for assignment or a new lease are satisfied before settlement.

What will your legal fees look like?

Fees depend on complexity, but we provide a clear scope and fixed-fee or staged-fee options where suitable.