Westchester Business Purchase & Sale Lawyer

Business Purchase and Sale Attorney Serving Westchester, NY

Westchester County business sales frequently involve professional practices, healthcare operations, retail businesses, and service companies in communities like White Plains, Yonkers, New Rochelle, and Scarsdale. These transactions often involve established businesses with loyal customer bases, making transition planning and non-compete protection particularly important to the deal's success.

Our firm represents Westchester business buyers and sellers in asset purchases, stock acquisitions, due diligence reviews, purchase agreement negotiations, and closings. We advise on deal structure, liability allocation, lease issues, and regulatory compliance to ensure a clean transfer of ownership.

Our Financial District office is accessible from Westchester via the Metro-North to Grand Central, a short connection to our Financial District office. Schedule a free consultation to discuss your business purchase or sale.

Business Purchase and Sale Services for Westchester Clients

Asset Purchases vs. Stock Acquisitions

Westchester buyers acquiring professional practices or established service businesses evaluate both structures based on the target company's contracts, licenses, and existing relationships. 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 Westchester buyers and sellers on the structure that best serves their goals.

Due Diligence Review

Westchester business acquisitions require review of lease terms, professional license transfers, customer and client contracts, employee arrangements, and regulatory compliance. Professional practice sales require particular attention to patient or client transition planning. 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

Westchester business transactions involving professional practices, healthcare operations, and service companies 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. Westchester business transactions involving professional practices, healthcare operations, and service companies 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

For Westchester businesses, non-competes need geographic restrictions that reflect the seller's actual market area, which may extend into neighboring counties or into New York City. 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

Westchester business sales may involve transfers of professional licenses, municipal permits, health department certifications, or industry-specific approvals. We coordinate the regulatory process to ensure operating continuity after closing. 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 Westchester Business Buyers and Sellers Should Know

Westchester County business sales frequently involve professional practices, healthcare operations, and established service businesses in communities like White Plains, Yonkers, New Rochelle, Scarsdale, and Tarrytown. Many of these businesses have deep roots in their communities, and the transition from one owner to the next requires careful planning to retain clients and maintain revenue.

Professional practice sales in Westchester, including law firms, accounting practices, medical offices, and dental practices, involve unique considerations around client or patient relationships, professional licensing, non-compete enforcement, and revenue transition. The seller's continued involvement during a transition period is often essential to a successful transfer.

Westchester businesses that serve both local and New York City markets may have lease obligations, vendor contracts, or employee arrangements in multiple jurisdictions. Buyers should understand the full geographic scope of the business's operations and obligations before closing.

Why Westchester Clients Choose Agarunov Law Firm

Agarunov Law Firm represents buyers and sellers of Westchester 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 Westchester via Metro-North to Grand Central, a short connection 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.