May 2021

Why can't I get the Permits etc. before removing Subjects??

Posted on May 14, 2021

This one seems to come up more frequently than I expect it too.
Let's say we use a Liquor License as an example.
You, as the Buyer, are set to remove your Conditions Precedent  (subjects) on the 15th of June, and have the deal complete on the 30th June.
You want to add "Subject to the Transfer of the Seller's Liquor License" on or before June 15th.

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COVID deals?

Posted on May 13, 2021

I can't tell you how many emails and calls I get every week from people who think that the bottom has fallen out of the market and they should be getting businesses for free or next to free.
This. Is. Not. Happening.
The business owners who somehow were able to scrap by, pivot or use up their savings to make it through this last year are not typicall...

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