1/9/06

Business For Sale Stats: 321 California Small Businesses Sold Last Week


321 California businesses were sold by business owners, business brokers, & real estate agents for the week of January 2, 2006 thru January 8, 2006. In Northern California Santa Clara County led business sales with a total of 33 transactions. In Southern California Los Angeles County led with 79 transactions.

Sales of California businesses during this time period by County include: County: 3, Alameda County: 13, Colusa County: 1, Contra Costa County: 12, El Dorado County: 1, Fresno County: 4, Kern County: 4, Los Angeles County: 79, Merced County: 1, Napa County: 1, Nevada County: 1, Orange County: 23, Placer County: 10, Riverside County: 15, Sacramento County: 10, San Bernardino County: 8, San Diego County: 46, San Francisco County: 12, San Luis Obispo County: 6, San Mateo County: 3, Santa Barbara County: 4, Santa Clara County: 33, Solano County: 10, Sonoma County: 3, Stanislaus County: 17, Sutter 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 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:

Know The Types/Sizes/Locations Of Businesses You Want To Buy

Before you start calling/contacting business brokers and agents make sure you know what types, sizes, and locations of businesses you are looking to buy. If you seem uncertain about this to brokers and agents they will not spend a lot of time with you. There are many more buyers than sellers on the market and brokers/agents like to work with buyers, who are serious, motivated, and know what they are looking for.
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