Florida Business Purchases and Sales
Buying a Business
Florida is a unique environment in many ways, culturally, legally, financially. The doctrine of "caveat emptor" (buyer beware) is still pertinent to the purchase of a business, unlike the purchase of a residence. Buyer beware - hire a competent attorney to both facilitate and ensure a satisfactory transaction.
Are there encumbrances on the business you are interested in? Can existing leases be assigned? Are there environmental regulations or issues you are overlooking? Buying a business is such an important decision, that you would be wise to speak with a lawyer who is experienced in business closings and has handled all issues associated with business transactions. Putting your livelihood and family finances at risk warrants dedicated, competent legal counsel.
Our objective at Carman and Smith, P.A. is to help dispel any concerns you have about your business transaction or to assist in finding resources that could highlight alternative opportunities. Either way, you will feel safer and be glad you consulted us.
Selling a Business
Like so many Americans who have an entrepreneurial spirit, you have worked, dreamed, and planned of owning and succeeding in your own business for many years, sometimes for many decades. Naturally, you want your business to continue to thrive once you make the decision to sell. Business owners decide to sell for many reasons, they may be considering retirement, spending more time with their families, often, they realize that they do not have a family member willing to take over the business and want to maximize their emotional and financial investment through a prudent sale. It's possible that you may be planning to continue participation in your business once your sale is concluded-though without the worries of an owner. An experienced attorney will know how to protect your interests.
Does the Buyer of your business have sufficient financing? Will you be paid in full? We can advise you on chattel mortgages and other means to assure that you will be protected and receive the full benefit of your business sale.
Many of our clients have sold businesses to family members. A sale is an "arms length transaction" under the law. Each side must perform due diligence to protect their own interests. We can play the role of your representative, without the emotional relationship to the deal or the parties.
If you are considering buying or selling a restaurant, dry cleaner or any business, large or small, talk to us and we will help you complete a successful deal.
Carman & Smith · Boca Raton · Port St. Lucie
(800) 435-7407 · E-mail
Carman & Smith is a full-service business transactions and real estate law firm with offices in Boca Raton and Port St. Lucie. Since 1992, we have provided the complete range of legal services to people who want to buy or sell a business in Florida. Please contact our offices today for help with any aspect of business transaction law.
We represent both buyers and sellers, and we are well-qualified to help our business transactions clients with commercial or residential real estate sales and purchases, as well as the purchase or sale of the actual business.
Contact Carman & Smith
To schedule an appointment, call us toll-free at (800) 435-7407 or send us an e-mail.
Other Legal Services
In addition to business transaction services, Carman & Smith handles additional legal matters for clients throughout South Florida, including personal injury lawsuits, nursing home neglect cases, medical malpractice claims, workers' compensation cases, and divorce and family law matters. For more information about these practice areas, please visit our sister Web site at http://www.carmanandsmith.com/
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CARMAN & SMITH
Toll-Free: (800) 435-7407
E-mail
165 East Palmetto Park Road | Boca Raton, FL 33432 | Map and Directions
1962 SE Port St. Lucie Blvd | Port St. Lucie, Florida 34952 | Map & Directions
Toll-Free: (800) 435-7407 | Fax: (561) 750-3896
In Boca Raton, call: (561) 392-7031
In Broward, call: (954) 481-9777
In Palm Beach, call: (561) 736-7219
Carman & Smith serves clients throughout South Florida, including Aventura, Boca Raton, Boynton Beach, Broward, Coral Springs, Deerfield Beach, Delray Beach, Fort Lauderdale, Hillsboro, Hollywood, Hallandale, Jupiter, Lake Worth, Miami, Okeechobee, Palm Beach, Palm Beach Gardens, Pembroke Pines, Pompano Beach, Port St. Lucie, Stuart, Vero Beach, West Palm Beach, and throughout Broward County, Martin County, Miami-Dade County, Palm Beach County and St. Lucie County.
