New York Business Purchase & Sale Lawyer

Business Purchase and Sale Attorney Serving New York, NY

Buying or selling a business in New York involves navigating complex legal, tax, and regulatory considerations that vary by industry, deal size, and transaction structure. From small retail acquisitions to large professional practice sales, every business transaction requires thorough due diligence, carefully drafted agreements, and experienced legal counsel to protect your interests.

Our firm represents business buyers and sellers throughout the New York metropolitan area, including all five boroughs, Long Island, Westchester, and New Jersey. We handle asset purchases, stock acquisitions, due diligence, purchase agreement negotiation, non-compete provisions, and closing coordination.

Our office is located at 30 Broad Street in Lower Manhattan, and we maintain a second office in Englewood, NJ. We are licensed in both New York and New Jersey. Schedule a free consultation to discuss your transaction.

Business Purchase and Sale Services for New York Clients

Asset Purchases vs. Stock Acquisitions

New York buyers evaluate both structures based on the target company's asset profile, existing contracts, transferable licenses, and potential 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 New York buyers and sellers on the structure that best serves their goals.

Due Diligence Review

New York business acquisitions require comprehensive review of financial records, lease terms and assignment provisions, customer and vendor contracts, intellectual property, employment agreements, licensing and regulatory compliance, and any pending or threatened litigation. 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

New York business transactions across all industries and deal sizes 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. New York business transactions across all industries and deal sizes 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

New York courts evaluate non-competes based on geographic scope, time restriction, and whether the restraint is reasonable to protect the buyer's legitimate business interests. 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

New York business sales frequently involve regulatory transfers that vary by industry, including liquor licenses, food service permits, professional licenses, and industry-specific certifications. We manage the full transfer process. 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 New York Business Buyers and Sellers Should Know

The New York metropolitan area has one of the most active business sale markets in the country, spanning every industry from food service and retail to professional practices, technology companies, and multi-location service businesses. Deal structures, valuation methods, and regulatory requirements vary significantly by industry and deal size. Experienced legal counsel is essential to navigating this complexity.

New York's regulatory environment adds layers to business sales that do not exist in other states. Depending on the industry, the transaction may require approval from the State Liquor Authority, Department of Health, professional licensing boards, or municipal agencies. Identifying required approvals early and building them into the transaction timeline prevents delays and failed closings.

For businesses with operations in both New York and New Jersey, our firm's dual-state licensing allows us to handle the full transaction without referring portions to outside counsel. This streamlines the process and reduces the risk of miscommunication between legal teams.

Why New York Clients Choose Agarunov Law Firm

Agarunov Law Firm represents buyers and sellers of New York 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 New York via subway, commuter rail, and PATH to our Financial District office at 30 Broad Street
• 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.