We congratulate Greg and Marc of BFP Ballina Trading Pty Ltd on the recent acquisition of the Australian Hotel at Ballina.
Greg and Marc approached our office to act on the purchase of the Hotel as well as completing the due diligence work on the acquisition and the transfer of the hotel licence at settlement. We provided Greg and Marc with a comprehensive report on the operational matters for the Hotel, advice on the purchase and adjustments at settlement, together with advice on the important due diligence and compliance related matters for the Hotel Licence being acquired. On completion of our due diligence work we could provide accurate advice to Greg and Marc on the matters that should be addressed before and post settlement.
When purchasing a liquor licence(s), it is essential that a comprehensive due diligence exercise is undertaken to ensure the purchaser’s current expectations as well as the potential to modify and improve the subject matter of the acquisition is feasible. Back Schwartz Vaughan is the industry leader in this area. Please contact our office if you require any due diligence advice or for any other liquor licensing matters. For further details about the Australian Hotel please visit https://www.ballinapub.com.au/.