The vast majority of business purchases are defined as "asset" purchases. On some occasions, a buyer will actually buy the stock of the corporation. Most businessmen prefer an an Asset Purchase transaction.
A buyer typically forms their own legal entity (LLC, Corp, etc) to purchase the assets from the seller's corporation. We will help
Contracts are then signed, between all stakeholders, including, buyers, sellers, lenders (if any), employees, and landlord(s). This would be done between the lawyers for the sellers, the lawyers for the buyers, and the lawyers for the landlord.
After all the contracts in place. Money can then be exchanged. This will also be done via the lawyers, so that money would not be mismanaged. After we transfer your money to the right parties, we would then obtain your ownership of the businesses.
The process is complicated, and filled with risks. But not to worry, we will guide you through this entire process, and complete for you the steps involved.