How a Business Hired a Lawyer to Draft a Buy Sell Agreement in Arizona

In 2022, a business in Arizona sought assistance with drafting a buy-sell agreement after receiving a purchase contract for an existing franchise. The client aimed to have the contract thoroughly reviewed and to include additional language that would safeguard their down payment in the event they could not secure financing through an SBA loan. This was an important priority for the client as they navigated the complexities of the transaction. As a result, the client received five proposals from licensed attorneys, with flat fee bids ranging from $160 to $1,500, all submitted to meet the client's deadline of less than one week.