403 California Small Businesses for Sale and Franchises Were Sold Last Week

USABizMart Weblog -- 403 California businesses were sold by business owners, business brokers, & real estate agents for the week of October 3, 2005 thru October 9, 2005. In Northern California Alameda County led business sales with a total of 41 transactions. In Southern California Los Angeles County led with 122 transactions.

Sales of California businesses during this time period by County include: County: 6, Alameda County: 41, Butte County: 2, Contra Costa County: 8, Fresno County: 12, Glenn County: 1, Kern County: 7, Los Angeles County: 122, Madera County: 1, Marin County: 6, Merced County: 2, Orange County: 55, Placer County: 5, Riverside County: 16, Sacramento County: 9, San Benito County: 1, San Bernardino County: 15, San Diego County: 26, San Francisco County: 21, San Luis Obispo County: 6, San Mateo County: 12, Santa Barbara County: 5, Santa Clara County: 12, Solano County: 6, Stanislaus County: 6.

For current annual small business sold statistics throughout all counties in California go to www.BizBen.com/stats.php where you can see business sales statistics by both county and cities within those counties.

This Week's BizBen.com Tip For Successfully Selling A Business:

Have A Professional Business Valuation Performed

Getting a 3rd party professional business appraisal/valuation is important and critical for the process. 90% of all businesses NEVER SELL due to too high of value placed on the business being sold. Getting a professional 3rd party valuation is well worth the expense and will be utilized by many parties during the selling process: possible business buyers, lender/financing companies for the buyer, and others.

This Week's BizBen.com Tip For Successfully Buying A Business:

Confidentiality Agreements Are Important

To view or get any detailed information on any businesses for sale you will probably need to sign a confidentiality agreement. Respect this part of the process and keep the sale of all businesses confidential. There are also legal ramifications if it is traced back to you that you were the one who leaked the word that the business was for sale!
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