10/31/05

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


USABizMart Weblog - 364 California businesses were sold by business owners, business brokers, & real estate agents for the week of October 24, 2005 thru October 30, 2005. In Northern California San Francisco County led business sales with a total of 21 transactions. In Southern California Los Angeles County led with 112 transactions.

Sales of California businesses during this time period by County include: Alameda County: 10, Colusa County: 1, Contra Costa County: 7, El Dorado County: 1, Fresno County: 18, Imperial County: 1, Kern County: 9, Los Angeles County: 112, Marin County: 5, Merced County: 2, Napa County: 2, Orange County: 22, Placer County: 5, Riverside County: 17, Sacramento County: 10, San Bernardino County: 23, San Diego County: 43, San Francisco County: 21, San Joaquin County: 9, San Luis Obispo County: 6, San Mateo County: 8, Santa Barbara County: 1, Santa Clara County: 15, Shasta County: 1, Sonoma County: 4, Stanislaus County: 7, Tehama County: 1, Tulare County: 1.

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:

Get The Signed Purchase Agreement Into Escrow

Get the signed purchase agreement into escrow immediately (there is a list of excellent Escrow Companies throughout California at www.bizben.com/resources) and sign off any contingencies quickly - remember TIME KILLS DEALS. Make sure you go through the Allocation of Purchase Price in the beginning of the escrow process not at the end which happens most of the time. Make sure you have all items from #1 in this brochure ready to go - you'll need them for the escrow process to proceed smoothly & quickly.

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

Get The Signed Purchase Agreement Into Escrow

Get the signed purchase agreement into escrow immediately and sign off any contingencies as they are removed- remember TIME KILLS DEALS. Make sure you go through the Allocation of Purchase Price in the beginning of the escrow process not at the end which happens most of the time. By getting into the escrow process usually takes the deal out of play and out of reach for other potential buyers.
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