miércoles, 30 de mayo de 2018

Inherited the family business, found a buyer, how can I vet the contract? entrepreneur how earn by blogging blog

I inherited a small restaurant/pub business last year from the family but decided I'd rather divest. We have an offer to buy/rent (I own the property) with a local restaurantuer who can do all of the escrow internally (saving us money). How do I go about reviewing the contract to make sure a)its relatively fair market value (not worried about absolute top dollar, would rather have a happy tenant than one deep in debt) and b) all my legal bases are covered/the contract isn't heavily biased towards me, being a newbie.

Do I just find a contract lawyer? I have not liked any of the business brokers I've met and am afraid of the conflict of interest (No this is completely terrible, I can find you a better deal even after my commission....) but maybe I'm overthinking it. Any advice is appreciated, thanks.

submitted by /u/Greek_Trojan
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