I am in the process of evaluating a hostel business in Medellin Colombia. I have carried out some basic due diligence to establish a financial and operational baseline. I am visiting Medellin w\c 4th Sept to meet with the current owners. If we can agree on a price I will require some help in carrying out legal due diligence, setting up a shareholder agreement, transferring over titles, completing a contract for sale as well as general advice. I am looking for someone who is either practicing in Colombia or knows Colombian law intimately
To tell you a little more about the project:
1. Purchase price will be up to $60,000 USD (no real estate and the business only). 70% share majority share is up for sale
2. Turnover is approx $100,000 USD
3. All business licenses and insurances are allegedly in place
4. Less than 10 staff (all independent contractors)
5. The hostel has additional revenue streams: cafe, bar and events
6. The majority of hostel guests are foreigners. Approx 50% of cafe guests are Colombian nationals
7. 3 year lease agreement has just been signed by the current owners effective from 1st Oct. 3 year extension option available
I look forward to hearing from you
Dave
Hi, I have read the project description meticulously and can definitely help you out in legal Due Diligence and drafting and vetting contracts.
Relevant Skills and Experience
Legal Drafting and legal vetting skills
Proposed Milestones
$555 USD - Over all completion, Can breakdown after conversation
Please send us a message
Greetings!
I am attorney at law and also qualified accountant with nine years of experience. I am perfect blend of professional for your requirements. I have drafted number of contracts for mergers and acquisitions, takeover and share purchase. Please PM to discuss further. Thank you.