Buy Sell Agreements for Tourism Companies

Secure a Smooth Transition with Buy/Sell Agreements

Unforeseen events can disrupt any business. As a business owner in Hawaii, you’ve built something special – but what happens if a partner exits unexpectedly, passes away, or becomes unable to work? Buy/Sell Agreements are your safety net, ensuring your business continues smoothly and your investment is protected.

What is a Buy/Sell Agreement?

Sets clear terms for how a partner’s share of the business will be handled in situations like death, disability, retirement, or if they simply want to leave.

Prevents disputes and ensures the business has the resources to continue.

A legally binding contract between business owners.

Why You Need a Buy/Sell Agreement

Control

You decide who can buy a departing owner’s share, preventing unwanted outsiders from disrupting your business.

Liquidity

Ensures funds are available to buy out a departing owner, protecting heirs and the remaining business.

Fair Value

Predetermines the price of a business share, avoiding costly and stressful valuation disputes during a difficult time.

Peace of Mind

Knowing your business, employees, and family are protected, no matter what happens.

Types of Buy/Sell Agreements

Cross-Purchase

Partners buy each other’s shares using personal funds or life insurance.

Hybrid

A combination of the above for flexibility.

Entity-Purchase

The business itself buys back the departing owner’s share.

Aloha Answers: Your Buy/Sell Agreement Partner

Hawaii Expertise

We understand the unique needs of island businesses.

Clear Guidance

We explain the process in plain terms, so you make informed decisions.

Tailored Solutions

We craft agreements to match your exact business structure and goals.