Business Purchase Lawyers Sydney

Buying or selling a business is one of the biggest financial decisions you will make. A poorly reviewed contract, a missed liability, or an overlooked lease clause can cost far more than the deal itself. Our lawyers guide buyers and sellers through every stage, from due diligence to completion.

Same-day response, and 100% online service across NSW. No Sydney office visit required.

Free Review of Your Business Purchase Agreement

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5.0 ★★★★★ | 600+ Reviews

CMI Legal - Est. 2014

Law Society NSW Member

Chatswood Office

Australia-wide & International

Every Legal Service You Need When Buying or Selling a Business

Business Purchase Contract Review

A purchase contract is the most important document in any deal. We review every clause in your business contracts, identifying hidden liabilities, unacceptable warranties, unfair restraint provisions, and completion conditions before you commit. We also check the key contracts and commercial agreements the business depends on.

Vendor Due Diligence & Risk Assessment

Before investing in any business, thorough due diligence is essential. We examine financial statements, employment contracts, leases, tax history, licences, and IP ownership to find problems the seller has not disclosed. Where needed, we work alongside your accountant or financial advisor to confirm the numbers and compliance position.

Asset Sale vs Share Sale Advice

Before the formal contract is drafted, a well-prepared Heads of Agreement locks in key commercial terms. Our lawyers draft and review the business sale agreement terms that reflect your negotiated position, confirm the purchase price basis, reduce later disputes, and accelerate the final deal.

Heads of Agreement & Pre-Contract Advice

Before the formal contract is drafted, a well-prepared Heads of Agreement locks in key commercial terms and protects both parties. Our Sydney business purchase lawyers draft and review Heads of Agreement that reflect your negotiated position, reduce later disputes, and accelerate the final transaction.

Lease Assignment & Landlord Consent

Most businesses depend on their premises. When a business changes hands, the lease must be assigned with landlord consent or a new lease negotiated. We review existing lease agreements and business premises terms, manage the assignment, and protect you from unexpected costs after completion.

Business Sale & Exit Strategy

Selling a business requires careful planning to maximise value. We advise vendors on contract preparation, restraint obligations, employee entitlement adjustments, and goodwill protection. We also explain where a business broker fits and how selling a business through the right structure improves your outcome.

How Our Sydney Business Purchase Lawyers Protect Buyers and Sellers

At PromptLaw, our business lawyers take a commercially focused approach to every deal. We examine the full picture, from due diligence and deal structure through to completion, not just the contract clauses. Whether you are a first-time buyer, an experienced investor, or a vendor planning your exit, we protect your financial position throughout.

Based in Chatswood and serving businesses across Sydney and NSW since 2014, our team provides fixed-fee expert legal advice with full cost transparency before any work begins. As a law firm built on business law experience, we explain the commercial implications of every decision in plain language. No office visit required.

Fixed fees confirmed before any due diligence or contract work begins.

Same-day response to all business purchase enquiries across Sydney.

100% online service, no Chatswood office visit required.

Plain-language advice Sydney buyers and sellers can act on immediately.

We Guide You Through, Every Business Transaction

First-Time Business Buyers

Buying your first business? We explain every step from offer to completion, review your due diligence findings, and protect you from the risks first-time purchasers most commonly overlook before signing.

Experienced Investors & Multi-Site Buyers

Acquiring multiple businesses or expanding a portfolio involves complex share sales, employee transfers, and earn-out provisions. We manage the legal complexity so your acquisition strategy stays on schedule.

Business Owners Ready to Sell

Planning your exit? We prepare your sale contract, advise on vendor warranties, manage restraint obligations, and structure completion to protect you from future claims across NSW.

Buyers and Sellers in Dispute

When a deal breaks down, or a warranty claim arises after completion, our commercial lawyers provide fast, practical advice on your rights and the most cost-effective path to resolution.

Due Diligence Issues That Kill Sydney Business Purchases

Hidden Liabilities & Tax Debts

Unpaid ATO debts and superannuation obligations can transfer to the purchaser without proper legal due diligence checks.

Unassignable Contracts & Leases

Key customer contracts and lease agreements often cannot transfer without consent, derailing the entire deal.

Employee Entitlement Obligations

Accrued leave, redundancy entitlements, and award obligations under employment contracts must be accurately identified and adjusted at completion.

IP Ownership & Business Name Issues

Tell us about your transaction and timeline. We review early documents, identify red flags, and advise on the optimal deal structure for your business purchase or sale from the start.

How We Handle Your Business Purchase or Sale in Sydney

Why Buying a Business Without Legal Advice Is a Costly Mistake

A business purchase looks straightforward on paper until the purchaser discovers the ATO has lodged a tax debt against the business, the landlord will not consent to the lease assignment, or the most important customer contract expires in thirty days. None of these appears in a sales brochure. They only emerge during properly conducted due diligence, which is why having a lawyer review the deal before any payment is committed is essential.

Our business lawyers in Sydney provide fixed-fee services, so you know exactly what advice costs before due diligence begins. With 11+ years of business law experience across every industry in NSW, we identify the issues that affect value, price, and risk before they become problems you manage after completion. We also advise on intellectual property, business structure, and the business contracts that determine what you are really acquiring.

Review the purchase contract and identify unfair warranties, liability caps, and restraint of trade clauses.
Conduct legal due diligence on financial statements, contracts, leases, licences, and intellectual property ownership before you commit.
Advise on the optimal business structure, asset sale or share sale, for your tax and commercial position.
Manage lease assignment, landlord consent, and commercial leasing obligations well before completion.
Protect your investment through appropriate warranties, indemnities, and post-completion legal protections.

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Fixed-fee business purchase and sale legal services.

Fixed-fee business purchase and sale legal services. Enquire today and receive a response from our lawyers on the same business day. We act for buyers and sellers across NSW with complete cost certainty before any due diligence or contract work begins.

Why Sydney Businesses Buyers and Sellers Choose Our Legal Team

Business Purchase Law Focus

Our lawyers focus on commercial and business purchase law, giving Sydney buyers and sellers specialist expertise built on 11+ years of transactions across retail, hospitality, professional services, and trades-based businesses across NSW.

Fixed-Fee Pricing

Every business purchase matter is quoted at a fixed fee before we begin. No hourly billing, no surprise invoices. Sydney buyers and sellers know their exact legal costs before any due diligence or contract work starts.

Responsive Service

Enquire today and receive a response on the same business day. Business purchases move quickly, and deadlines matter. Our Sydney business purchase lawyers operate 100% online, so you can access legal advice without visiting our Chatswood office.

11+ Years Experience

Since 2014, PromptLaw, powered by CMI Legal, has helped Sydney business buyers and sellers across every industry, managing transactions from small cafes and retail stores to multi-site operations and professional practice sales across NSW.

Client Testimonials and Reviews

    
 
 
         
   Ying Wan 
 
 
 
 Trustindex verifies that the original source of the review is Google. 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 
 
 
 
 Trustindex verifies that the original source of the review is Google. Attorney Tina was professional and patient; I am very grateful for her legal assistance during my home sale process.
  
 
        
   Solutions NovaBuild 
 
 
 
 Trustindex verifies that the original source of the review is Google. 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 
 
 
 
 Trustindex verifies that the original source of the review is Google. 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 
 
 
 
 Trustindex verifies that the original source of the review is Google. 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 
 
 
 
 Trustindex verifies that the original source of the review is Google. 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 
 
 
 
 Trustindex verifies that the original source of the review is Google. 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.
  
 
        
   Joe Shi 
 
 
 
 Trustindex verifies that the original source of the review is Google. 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
  
 
        
   Jing LI 
 
 
 
 Trustindex verifies that the original source of the review is Google. 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 
 
 
 
 Trustindex verifies that the original source of the review is Google. 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.

Business Purchase FAQs Answered by Our Sydney Lawyers

Do I need a lawyer when buying a business in Sydney?

Yes. Buying a business involves contracts, due diligence, lease assignments, employee entitlements, and licences. A Sydney business purchase lawyer identifies risks, negotiates protections, and ensures the transaction is legally sound before you commit any funds to the purchase.

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

An asset sale transfers specific assets such as goodwill, equipment, and contracts without the seller’s company liabilities. A share sale transfers the entire company, including its liabilities. We advise on the right business structure for your tax and commercial position.

What does due diligence involve when purchasing a business?

Legal due diligence examines the business’s contracts, leases, licences, IP ownership, financial statements, employee entitlements, and tax position. We provide a written risk report identifying issues to resolve or renegotiate before you proceed.

How long does a business purchase take in NSW?

Most Sydney business purchases take four to eight weeks from a signed Heads of Agreement through to settlement. Complex transactions involving multiple sites, share sales, or regulatory approvals may take longer. Our lawyers work to meet your commercial deadline throughout.

What happens to employees when I buy a business?

Employee entitlements, including leave, redundancy, and superannuation, must be adjusted at settlement. Some employees transfer under the Fair Work Act. Our Sydney business purchase lawyers ensure entitlements are correctly documented and adjusted so buyers face no unexpected liability after completion.

Can a broker prepare my business purchase contract instead of a lawyer?

Brokers act for the seller, not the buyer. Their contracts often lack key warranties, liability caps, and adequate restraint clauses. Our Sydney business purchase lawyers ensure the final contract reflects your interests and protects your investment from the outset of the transaction.

What is a Heads of Agreement, and is it legally binding?

A Heads of Agreement records the key commercial terms of a business purchase before the formal contract is drafted. Some provisions are legally binding, including exclusivity and confidentiality clauses. Our Sydney lawyers draft and review Heads of Agreement to protect your negotiated position.

How are commercial leases handled in a business purchase?

If the business leases its premises, the lease must be assigned with the landlord’s consent or a new lease negotiated. Our Sydney business purchase lawyers review existing lease terms, manage the assignment process, and advise on any unfavourable provisions before settlement is finalised.

Get Legal Advice Before You Make an Offer on a Sydney Business

Speak with our Sydney business purchase lawyers today. Book a 15-minute quick advice call or a full 45-minute in-depth review. Same-day response, fixed fees, 100% online. No office visit required across NSW.

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Buying or Selling a Business in Sydney? Let’s Talk.

Talk to our Sydney business purchase lawyers today. Fixed fees, same-day response, 100% online. We protect buyers and sellers across NSW from the first offer through to settlement and beyond.