Bronx Business Purchase & Sale Lawyer

Business Purchase and Sale Attorney Serving Bronx, NY

The Bronx business market includes active sales of restaurants, bodegas, laundromats, healthcare practices, construction companies, and multi-unit retail operations. Whether you are buying your first business or selling an established operation, the transaction involves legal issues that require experienced counsel, including entity structuring, liability exposure, lease assignment, and regulatory compliance.

Our firm represents Bronx business buyers and sellers in all phases of the transaction. We handle due diligence, purchase agreement drafting, asset allocation, non-compete agreements, lease negotiations, and closing. We work to identify and resolve issues before they become obstacles to completing the deal.

Our Financial District office is accessible from the Bronx via the 2, 4, 5, 6, B, or D trains. Schedule a free consultation to discuss your business purchase or sale.

Business Purchase and Sale Services for Bronx Clients

Asset Purchases vs. Stock Acquisitions

Bronx buyers acquiring food service operations, retail businesses, or service companies typically structure transactions as asset purchases to avoid inheriting the seller's liabilities. In an asset purchase, the buyer acquires specific business assets such as equipment, inventory, customer lists, intellectual property, and the right to use the business name. In a stock acquisition, the buyer purchases the seller's ownership interest in the business entity itself. Each structure has different implications for liability exposure, tax treatment, and contract transferability. Our firm advises Bronx buyers and sellers on the structure that best serves their goals.

Due Diligence Review

Bronx business acquisitions require review of lease terms, equipment condition, supplier contracts, licensing compliance, and any outstanding obligations. We also examine the business's relationships with local customers and vendors that drive revenue. Our due diligence process identifies risks before you commit to the purchase, giving you the information to negotiate price adjustments, representations and warranties, or indemnification provisions that protect your investment.

Purchase Agreement Drafting and Negotiation

Bronx business transactions in the food service, healthcare, construction, and retail sectors require purchase agreements that address the specific risks and conditions of the deal. Our firm drafts and negotiates purchase agreements covering purchase price and payment terms, asset allocation, representations and warranties, indemnification obligations, closing conditions, and post-closing adjustments. Every provision is tailored to the specific transaction rather than pulled from a generic template.

Business Valuation and Price Allocation

The allocation of purchase price among different asset categories affects both the buyer's depreciation deductions and the seller's tax treatment. Bronx business transactions in the food service, healthcare, construction, and retail sectors benefit from thoughtful price allocation that reflects actual asset values and optimizes tax outcomes. Our firm works with your accountant to structure the allocation and document it properly in the purchase agreement.

Non-Compete and Transition Agreements

In the Bronx, where many businesses depend on repeat local customers, a properly drafted non-compete prevents the seller from opening a competing operation nearby and diverting the customer base. We also draft transition services agreements that require the seller to assist with customer introductions, vendor relationships, and operational knowledge transfer for a defined period after closing.

Regulatory Compliance and Closing

Bronx business sales may require transfers of food service permits, liquor licenses, DOH certifications, or professional licenses. We identify every required regulatory approval and coordinate filings to prevent closing delays. At closing, we ensure all documents are properly executed, funds are transferred, and the buyer has clear title to the purchased assets or ownership interests.

What Bronx Business Buyers and Sellers Should Know

The Bronx business sale market includes a steady flow of transactions in the food service, bodega, laundromat, healthcare, and construction sectors. Many Bronx businesses are family-owned operations where the owner's personal involvement is central to the company's success. Buyers should evaluate how dependent the business is on the current owner and plan for adequate transition support.

Lease terms are a critical factor in Bronx business sales. Commercial corridors along Fordham Road, the Hub, and Arthur Avenue attract strong foot traffic, and leases in these areas carry significant value. Buyers must confirm lease assignability and remaining term. Sellers should review their lease for any provisions that could complicate the transfer.

Bronx businesses with city or state contracts, such as construction companies or social service providers, face additional requirements around contract assignment and licensing compliance that must be addressed before closing.

Why Bronx Clients Choose Agarunov Law Firm

Agarunov Law Firm represents buyers and sellers of Bronx businesses across all industries and deal sizes.

• Experienced in asset purchases, stock acquisitions, and business sale closings
• Thorough due diligence that identifies risks before you commit to the deal
• Purchase agreements tailored to your specific transaction, not generic templates
• Accessible from Bronx via 2, 4, 5, 6, B, or D trains
• Licensed in both New York and New Jersey for cross-state business transactions

How Our Business Purchase and Sale Process Works

• Step 1: Consultation. We discuss your transaction goals, the target business, and the proposed deal structure. This consultation is free.
• Step 2: Letter of Intent. We draft or review the letter of intent that outlines the key deal terms, including purchase price, structure, and timeline.
• Step 3: Due Diligence. We conduct a comprehensive review of the business's financials, contracts, leases, licenses, employees, and liabilities.
• Step 4: Purchase Agreement. We draft and negotiate the purchase agreement, including representations, warranties, indemnification, non-compete provisions, and closing conditions.
• Step 5: Closing. We coordinate the closing, ensure all documents are properly executed, and confirm that funds and assets transfer cleanly to the new owner.