614.9445171
4200 Regent Street, Suite 200, Columbus, Ohio 43219
Buying or selling a business, or even a share of a business, is a complex transaction that requires sophisticated legal counsel. Whether it's time for one of your business partners to move on or you're buying or selling the entire business, we can help you get your money's worth, negotiate all the little details, and minimize the legal risks.
Are you getting everything you think you're supposed to get with the purchase? So many business assets are "intangible."
As a buyer, how do you minimize the risks you might be exposed to if the seller hasn't been entirely forthcoming about the business? As a seller, how do you make sure the buyer doesn't come back and blame you if they're not as successful as they had hoped? You've figured out the basic terms of the deal, but now the other side has presented an extensive purchase agreement with so many "little details" you had never even considered. How do you negotiate these details? Which ones really matter? You've worked hard to build your business. Are you really getting what the business is worth? Or, you're buying a business. Is it really worth the price the seller is asking? With so many people potentially involved (employees, vendors, attorneys, accountants, etc.), how you do ensure a smooth transition? |
Business Purchase or Sale Representation
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Business purchase/sale and merger transactions can be difficult to predict because of the complexity of these deals. Some transactions involve multiple third parties, i.e. banks, vendors, or customers, whose approval may be required before the transaction can close. And because every deal is different, different ancillary documents are required--what documents should be prepared in one transaction may be completely unnecessary in another. Because of this, hourly billing is often more cost-effective for business purchase / sale / merger representation.
Complete Representation includes:
Flat Fee: $8,525 Minimum Retainer: $4,275 Note: If opposing counsel is preparing the initial draft of the purchase or merger agreement, then the Flat Fee is reduced to $6,925 (includes up to 30 attorney hours). The minimum retainer is $3,475. Purchasing an existing franchise will also require review of the franchise disclosure document and franchise agreement. These fees also do not include forming a new business entity or preparing/revising company operating agreements. |
Individual Documents:
Purchase or Merger Agreement: $3,925 Letter of Intent or MOU: $1,700 |
Additional Resources:
All fees and services described on this site are for information purposes only and are subject to change at any time. Until we have both a signed Engagement Agreement and your initial payment, the Firm reserves the right to quote you a new or different fee for services based on the unique legal needs of your business.