Legal notice & disclaimer Spain Business Guide

Legal Matters Disclaimer and use of this website
All businesses for sale through this website are provided by the seller through Spain
Business Guide who act as an introducer only. www.spainbusinessguide.com

Disclaimer
Spain Business Guide and the owners of this website cannot be held responsible for
the accuracy of information contained in sales details. All details of businesses for
sale and all information about them are provided by the vendor and therefore do not
come with any guarantee of accuracy and do not constitute a contract between you the
online user the owners of this website. This includes the printing of sales details for
future reference.

Sales details are for a guide only
Fixtures, fittings and equipment in images does not imply that these are included in the
sale price or belong to the vendor.

You should employ the necessary professionals before entering into any formal
contract. We are not responsible for providing and cannot offer proof of any financial
information such as profitability or the viability of any business purchased.

Nothing in these details is provided with any warranty or guarantee and does not
constitute a contract. Using trained independent professionals is strongly
recommended to check a purchase for on going debts, legally required licences,
lease or rental contract details, freehold ownership and what is included in the sale.
You may be liable for some debts on a business if you proceed without consulting a
lawyer. PLEASE do not try to do a D.I.Y purchase it ALWAYS turns to Jelly!

What is included in the sale
You should be aware that on many straight rental contracts some fixtures and fittings
may belong to the landlord and not the seller of the business. You should ensure that
you agree in the price what is included in the sale and to whom it belongs.

Paying a deposit
Once you decide to make an offer on a business you will usually be required to pay a
10% deposit for which a contract should be drawn up between you and the seller. The
business will then be taken off the market. At this point the seller cannot sell the
business to anyone else. If this does happen you are entitled to double the deposit in
return - provided you have a valid binding written deposit contract.

If you pull out of a sale
If you change your mind before the date of completion you are likely to forfeit 100% of
the deposit. Do not pay a deposit unless you are wishing to proceed to completion as
it can be costly. You do of course get 100% of your deposit returned if the sale falls
through due to legal issues not disclosed at the time of exchanging a deposit which
should be written into the contract. This may include debts on the business, licensing
problem etc. It is important always to get everything in writing and confirmed by your
lawyer before parting with any cash. If you do pay a deposit without consulting a lawyer
( we do not recommended this) you may loose you deposit.

It is up to you to confirm the viability of a business and not your lawyer who will not be
able to make any guarantee of profitability or turnover unless you request this
information from the vendors lawyer. However many small businesses do not have
verified accounts in Spain so it can be hard to gain much financial information.

Do not try to do a DIY purchase without using a Local English Lawyer