Business Purchase Agreement: $3,725
If opposing counsel prepares the initial draft: $2,075
This fee does not include the preparation of additional ancillary documents. Read more about Complete Business Purchase or Sale Representation.
Traditional Hourly Rates:
Business purchase/sale 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 agreements. Depending on the complexity of the deal, you should budget at least $5 - 11k.
Typical Retainer: $3,250