USABizMart Weblog - 437 California businesses were sold by business owners, business brokers, & real estate agents for the week of October 31, 2005 thru November 6, 2005. In Northern California Alameda County led business sales with a total of 27 transactions. In Southern California Los Angeles County led with 151 transactions.
Sales of California businesses during this time period by County include: County: 2, Alameda County: 27, Butte County: 2, Contra Costa County: 10, El Dorado County: 2, Fresno County: 9, Kern County: 12, Los Angeles County: 151, Marin County: 2, Napa County: 1, Orange County: 44, Placer County: 8, Riverside County: 28, Sacramento County: 17, San Bernardino County: 29, San Diego County: 33, San Francisco County: 16, San Luis Obispo County: 7, San Mateo County: 17, Santa Clara County: 6, Sierra County: 1, Stanislaus County: 10, Tehama County: 1, Ventura County: 2.
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:Confidentiality Agreements Are ImportantHave all potential business buyers sign and date a Non-Disclosure/Confidentiality Agreement before giving out any info. Make sure potential buyers understand how important it is to keep the sale of the business confidential and that there are legal ramifications if they don't.
This Week's BizBen.com Tip For Successfully Buying A Business:Know How Much Money You Are Willing To Put DownWhen buying a business you need to know how much money you are willing to spend on a down payment for a business. Most of the time you will be putting down 30-100% down to buy a California business. Depending on the amount of money your willing to put down determines the size of business you are able to purchase.
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