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

USABizMart Weblog - 389 California businesses were sold by business owners, business brokers, & real estate agents for the week of November 7, 2005 thru November 13, 2005. In Northern California Santa Clara County led business sales with a total of 27 transactions. In Southern California Los Angeles County led again with 92 transactions.

Sales of California businesses during this time period by County include: County: 6, Alameda County: 6, Calaveras County: 1, Contra Costa County: 13, El Dorado County: 3, Kern County: 10, Los Angeles County: 92, Marin County: 5, Merced County: 5, Orange County: 36, Placer County: 3, Riverside County: 25, Sacramento County: 21, San Bernardino County: 22, San Diego County: 32, San Francisco County: 18, San Joaquin County: 23, San Luis Obispo County: 1, San Mateo County: 7, Santa Barbara County: 7, Santa Clara County: 27, Solano County: 11, Sonoma County: 6, Stanislaus County: 6, Sutter County: 1, Ventura County: 1, Yolo 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:

Keep A Folder Of All Info/Contacts

Keep a folder of all contacts, notes, and paperwork for your business for sale transaction. Keep a log of all buyers who contact you - get their phone numbers, email address and keep notes about them (this will come in handy down the line, trust me). You want to make sure you have backup buyers in case your first choice drops out during the selling process. Keep all escrow info, purchase agreements, signed non-disclosure / confidentiality forms, contact phones of CPA's, Attorneys, etc. and other pertinent data/info in this folder!

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!

For current businesses for sale on the market in California go to: www.BizBen.com
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