Legal Issues When Selling A Cafe

 Legal Issues When Selling A Cafe

  • Have You Spoken To An Accountant/ Business Broker And/ Or Business Valuer Yet?
  • What Are You Actually Selling?
  • The Items Actually Included As Part Of The Sale? What Is Not Included?
  • Do You Have An Inventory On Hand Of Equipment You Are Selling?
  • Are your Supplier Agreements in order?
  • Have You Lodged Your Tax Returns?
  • Are You Willing To Give The Prospective Purchaser A Trial Of The Business?
  • Do You Have A Copy Of Your Lease? This is the most important of legal issues when selling a cafe as you will need your landlord’s permission.
  • When Should You Let Your Landlord Know You Are Selling?
  • Do You Have Written Employment Agreements In Place With Your Staff?
  • When Are You Going To Tell Your Staff?
  • What Service Agreements Do You Have In Place?
  • Which Service Providers Will You Need To Transfer?
  • What Restraint Of Trade Issues Will You Agree To?
  • Is Your Liquor Licence In Order?

Call us to discuss the legal issues involved in the process of selling of your cafe.

Oh and if you are thinking of buying a cafe business take a look at this article

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