Owners of restaurants are consistently faced with challenges and obstacles in running their business. When deciding to buy or sale the restaurant, oftentimes, there are many legal issues that tend to surface in the weeks leading up to and after the sale of a restaurant. These legal issues can rival the complexity and challenges of actually operating the business. Some of the potential issues that are most commonly appear are those related to lease agreements, compliance with codes and regulations, potential tax liabilities, existing employees, and if offered at the restaurant, transfer of the liquor license.
We have worked with several restaurants to ensure that the potential headaches related to all these issues are resolved before deal closes. Let us help with your transition, whether it be buying or selling a restaurant.