Buying a business in Brisbane? Early legal review can clarify what is being acquired, which conditions protect the buyer and what must happen before settlement.

Legal help before you commit

A business purchase can involve an asset sale, a share sale or a franchise transfer. The contract should identify the assets, goodwill, stock, equipment, records and any excluded items. Timing also matters: finance, due diligence and third-party consents need conditions that match the proposed deal.

What we review for buyers

  • The sale agreement, special conditions, warranties, restraint terms and completion steps
  • The premises lease, proposed assignment, landlord consent and any guarantor position
  • PPSR searches and security releases for assets being acquired
  • Franchise, licence, supplier and employee documents where relevant to the transaction

For a focused investigation of the documents and risk points, see our business due diligence service. If the premises are leased, our lease assignment advice may also be relevant.

From contract to completion

We can review and negotiate the agreement, help frame conditions, coordinate consent requirements and prepare for adjustments, releases and handover. The scope depends on the business, transaction structure and documents available.

Frequently asked questions

Should I ask for advice before signing?

Yes. Once a contract is binding, changing a condition or settlement date may require the seller’s agreement.

Does buying the business automatically transfer its lease?

No. The lease and transaction documents must be checked for the consent and assignment steps needed in the particular matter.

For the wider transaction pathway, see Business Purchases & Sales. Selling instead? Read our business sale service.

Discuss your proposed purchase

Send the draft contract, lease and key dates to Ensure Legal so we can identify the legal work needed before you commit.

Prepared by Ensure Legal · Reviewed by Stephen Kwok · Updated: 24 September 2026. General information only; advice depends on the transaction.

Queensland Property Law

Need a lawyer to review your contract, lease or settlement issue?

Tell us the property address and key dates. We will confirm availability, scope and how to provide your documents.

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