Selling a Business

Selling a business requires different legal counsel than buying one. Your exposure as a seller is concentrated in representations and warranties, indemnification obligations, and post-closing liability. Each industry has unique risks. Select your industry below for a seller-focused legal guide.

16 industry guides - Nationwide sell-side M&A counsel - Managing partner on every deal

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Most Common Business Sales

Selling a Laundromat

$200K - $1.5M - Asset Sale

Lease assignment provisions and landlord Seller disclosure obligations for equipm

Selling a Franchise

$100K - $5M+ - Franchise Transfer + Asset Sale

Franchisor transfer approval process and Right of first refusal

Selling a Car Wash

$500K - $5M - Asset Sale (often includes real estate)

Environmental disclosure Real estate structuring

High-Value Business Sales

Selling a Hotel

$1M - $50M+ - Entity Sale or Asset Sale (often includes real estate)

Franchise flag agreement Management agreement termination or assi

Selling a Gas Station

$500K - $5M - Asset Sale (environmental liability is a primary concern)

Environmental disclosure Fuel supply agreement

Selling a Dental Practice

$300K - $3M - Asset Sale

Patient record transfer and HIPAA compli Non-compete clause

Selling a Insurance Agency

$200K - $10M+ - Asset Sale (book of business)

Book of business valuation methodology a Earn-out provisions

More Industries

Selling a Restaurant

$100K - $3M - Asset Sale

Lease assignment and landlord consent Liquor license transfer

Selling a Pharmacy

$300K - $5M - Asset Sale

DEA registration transfer and state phar PBM

Selling a Auto Dealership

$1M - $50M+ - Asset Sale or Entity Sale

Manufacturer Franchise agreement transfer provisions

Selling a Manufacturing Business

$500K - $20M+ - Asset Sale or Stock Sale

Equipment valuation Customer concentration

Selling a E-commerce Business

$50K - $10M+ - Asset Sale

Digital asset transfer Platform account compliance

Selling a Construction Company

$500K - $20M+ - Asset Sale or Stock Sale

Contractor license transfer Bonding

Selling a Accounting Firm

$200K - $5M - Asset Sale (client list)

Client retention provisions Non-compete and non-solicitation clauses

Selling a Home Services Business

$200K - $5M - Asset Sale

Contractor license transfer Vehicle fleet

Selling a SaaS Company

$100K - $50M+ - Asset Sale or Stock Sale

Intellectual property ownership Customer contracts

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