Buying a Business
Buying a Business? Get Legal Advice That Pays Off
Get Practical Advice and Protection before You Commit
Are you thinking about buying a business? Before you sign anything or transfer money, it’s important to understand what you’re really getting. A business might look profitable on the outside, but there could be hidden debts, legal problems, or contracts that don’t suit you. That’s why talking to a lawyer early can save you time, stress, and money.
At CJC Law, we provide clear, helpful advice to make buying a business a smart move—not a risky one.
Expert Legal Advice for Buying a Business
We help you understand the risks, obligations, and contracts involved
Buying a business means more than just taking over operations. You’re also taking on legal responsibilities, like staff entitlements, lease terms, and past debts. Our lawyers explain what these mean for you in simple terms.
Whether you’re buying a business in Brisbane or elsewhere in Queensland, we make sure you understand your rights and responsibilities before committing.
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Due Diligence That Protects Your Investment
Thorough checks before you buy–financial, legal, and operational
We don’t just skim through the documents. We conduct due diligence that gives you the full picture of what you’re buying. This step helps you avoid surprises, hidden debts, or legal issues after the sale is final. Here’s what we check:
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Business structure and ownership records
We confirm who legally owns the business and how it’s registered—sole trader, company, or partnership. This makes sure the seller has the legal right to sell. -
Tax history and financial statements
We review profit and loss reports, balance sheets, and tax history to check for unpaid taxes, consistent earnings, and overall financial health -
Existing contracts and supplier agreements
We examine contracts with landlords, suppliers, and clients to check if they’re valid, transferrable, or need renegotiation.
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Employee entitlements and leave balances
We review staff contracts, entitlements, and leave balances so you understand your legal obligations if you take them on. -
Licences, permits, or franchise conditions
We confirm that all required licences or permits are current, especially in regulated industries like food or healthcare. -
Legal issues, disputes, or compliance concerns
We identify past or pending disputes, unpaid fines, or breaches of law.
If you're buying a business in Brisbane, our team knows what to check and how to spot red flags that others might miss. We make sure every part of the business has been properly reviewed before you move forward.
Clear, Tailored Contracts for Smooth Business Transfers
We review and draft sale agreements that suit your needs
The contract of sale is one of the most important parts of buying a business. It should protect you, not just the seller. We will:
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Review the terms carefully
We check every section of the contract to make sure the details are accurate, complete, and fair. -
Add special conditions if needed
These might include conditions about finance approval, due diligence, staff retention, or equipment checks before settlement. -
Make sure the handover is fair and clear
We ensure both sides know exactly what happens on settlement day—what’s included, who’s responsible for what, and when ownership officially changes. -
Explain every clause in plain English
We break down the legal wording so you understand your rights and responsibilities.
Whether you’re dealing with a private seller or a broker, a business lawyer in Brisbane from CJC Law can make sure the contract works for you.
Avoid Common Pitfalls When Buying a Business
Get legal clarity on leases, employees, liabilities, and licenses
Many buyers run into problems because they don’t fully understand what they’re taking on. We help you avoid:
- Getting stuck with long, inflexible leases
- Taking over unpaid wages or superannuation
- Inheriting unresolved disputes or fines
- Operating without the proper licences
Our legal support makes buying a business safer by flagging risks before they become your problem.
Help With Negotiations and Settlements
We support you from the first offer to the final handshake
Our team helps with every step, including:
- Reviewing the heads of agreement
- Talking to the seller’s lawyer or broker
- Adjusting terms based on your needs
- Making sure all documents are signed correctly
- Overseeing the settlement and transfer of funds
When you work with a business lawyer in Brisbane, you gain a trusted guide who helps you make confident decisions.
Buying a Franchise or Existing Business?
Our lawyers help assess the fine print before you say yes
Franchises can be attractive, but they come with strict rules and contracts. Whether you’re buying a business in Brisbane or joining a national franchise, we will:
- Reviewing the heads of agreement
- Talking to the seller’s lawyer or broker
- Adjusting terms based on your needs
- Making sure all documents are signed correctly
- Overseeing the settlement and transfer of funds
We ensure you understand exactly what you’re signing up for.
Frequently Asked Questions
Do I need a lawyer to buy a business?
Yes. A lawyer can help you avoid buying something with legal problems. They can review contracts, conduct checks, and explain your rights.
Can I buy a business that still has debts?
Yes, but it’s risky. We help you find out what those debts are and whether they’ll affect you.
What does a lawyer do during settlement?
We prepare legal documents, confirm payments, and make sure all terms are met before the transfer is complete.
Is buying a franchise easier than starting from scratch?
Sometimes, but it depends on the franchise. We check if the deal is fair and legal before you commit.
Let’s Set You Up for Success
Buying a business is a big step—but with the right legal advice, it can also be a smart one. Whether you’re buying a business in Brisbane, joining a franchise, or taking over a small company, we’ll help you move forward with clarity and confidence.
CJC Law is your reliable business lawyer in Brisbane, here to make sure every detail is covered. Book a consultation with our business lawyer in Brisbane today. Let us help you make smart decisions when buying a business—because what you don’t know can cost you.
