Manhattan Business Purchase & Sale Lawyer

Business Purchase and Sale Attorney Serving Manhattan, NY

Manhattan business acquisitions range from small retail and restaurant purchases to significant professional practice sales, technology company transactions, and multi-location service business deals. The competitive Manhattan market, high lease values, and complex regulatory landscape make experienced legal counsel essential for both buyers and sellers.

Our firm handles Manhattan business purchases and sales across all deal sizes and industries. We represent clients in asset purchases, stock acquisitions, due diligence, purchase agreement negotiation, non-compete structuring, and closing. Our focus is on identifying risks early, structuring the deal to protect your position, and moving efficiently to closing.

Our office is located at 30 Broad Street in the Financial District, accessible via virtually every subway line to our Financial District office. Schedule a free consultation to discuss your transaction.

Business Purchase and Sale Services for Manhattan Clients

Asset Purchases vs. Stock Acquisitions

Manhattan buyers acquiring professional practices, retail businesses, or hospitality operations evaluate both structures based on the target company's asset base, contracts, and liability profile. 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 Manhattan buyers and sellers on the structure that best serves their goals.

Due Diligence Review

Manhattan business acquisitions require thorough review of lease terms and assignment provisions, which can be critical given the borough's commercial rent levels. We also examine financial records, customer contracts, intellectual property, employment agreements, and regulatory compliance. 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

Manhattan business acquisitions across professional services, technology, hospitality, and retail 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. Manhattan business acquisitions across professional services, technology, hospitality, and retail 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 Manhattan's dense commercial environment, non-competes must be carefully drafted with specific geographic boundaries, industry definitions, and reasonable time periods to be enforceable under New York law. 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

Manhattan business sales frequently involve complex regulatory transfers, including SLA liquor licenses, DOH food service permits, professional licenses, and industry-specific certifications. We manage the transfer process to maintain operating continuity. 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 Manhattan Business Buyers and Sellers Should Know

Manhattan business sales involve some of the highest valuations in the New York market, driven by prime commercial leases, established customer bases, and strong brand recognition. Restaurant, bar, professional practice, and retail business sales are particularly active. The commercial lease is often the most significant asset in a Manhattan transaction, and buyers must carefully evaluate lease terms, assignment provisions, and landlord consent requirements before committing to a deal.

Manhattan sellers should expect sophisticated buyers who will conduct extensive due diligence on financial records, tax returns, lease terms, employee obligations, and regulatory compliance. Incomplete or inconsistent financial records are the most common reason Manhattan business deals fall apart. Professional preparation of your records before bringing the business to market is strongly recommended.

Businesses in regulated industries, including restaurants with SLA liquor licenses, healthcare practices, and financial services firms, face additional transfer requirements that can add weeks or months to the closing timeline. Building these timelines into the purchase agreement prevents disputes.

Why Manhattan Clients Choose Agarunov Law Firm

Agarunov Law Firm represents buyers and sellers of Manhattan 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 Manhattan via virtually every subway line to our Financial District office
• 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.