Asset Purchase Agreements — New York
Asset purchase agreements for buyers and sellers of restaurants, bars, retail, and operating businesses.
Buying or selling the assets without the entity.
Defining which liabilities transfer and which do not.
Coordinating asset purchase with new licensing.
When asset purchase is the right structure
Asset purchases let buyers leave behind unknown liabilities and start with a clean entity. For hospitality, they typically require a new SLA license.
What we build into the agreement
Asset schedules, liability assumption (and non-assumption), bulk sales compliance, allocation of purchase price, and post-closing transitions.
Frequently asked questions
Asset purchases typically require a new license — we coordinate the licensing track with the closing.
A notice protocol that protects buyers from undisclosed creditors. We handle it.
Ready to move your liquor license forward?
Before you sign a lease, invest in buildout, or appear before a Community Board, speak with an attorney who understands New York's liquor licensing process.