What information does your lawyer need to know?

* Copy of Agreement of Purchase and Sale
* Existing Lease or Sub-Lease with Landlord information
* Your GST Number
* Your PST Number
* Vendors Permit Number
* Bill of Sale
* List of Equipment and Chattels;
* Any equipment on consignment;
* Apportionment of Purchase price (equipment, goodwill, leaseholds)
* How many employees at the premises? Workman's Compensation? Severance and Holiday pay?
* Inspections at the premises, fire, electrical, health, building and zoning, etc.
* Franchise information, consent and transfer fee, if applicable
* Alarm system information
* Hydro transfer information
* Special adjustments i.e. Security deposits, last months rent
* Lien information, i.e. Bank, chattel mortgagee
* Review of financial statements, income statements, assistance after closing

COSTS

Legal fees may vary between $750.00 - $1,000.00 plus GST and disbursements

Disbursements vary depending on searches and inspections. Approximately $300.00 plus