Business For Sale Statistics: 368 California Small Businesses Sold Last Week In California

368 California businesses were sold by business owners, business brokers, & real estate agents for the week of February 6, 2006 thru February 12, 2006. In Northern California Alameda County led business sales with a total of 22 transactions. In Southern California Los Angeles County led with 135 transactions.

Sales of California businesses during this time period by County include: County: 7, Alameda County: 22, Contra Costa County: 5, El Dorado County: 2, Imperial County: 1, Inyo County: 1, Kern County: 3, Los Angeles County: 135, Marin County: 6, Mendocino County: 1, Napa County: 3, Orange County: 38, Placer County: 7, Riverside County: 13, Sacramento County: 13, San Bernardino County: 24, San Diego County: 25, San Francisco County: 15, San Luis Obispo County: 4, San Mateo County: 1, Santa Barbara County: 1, Santa Clara County: 14, Santa Cruz County: 8, Shasta County: 1, Solano County: 3, Sonoma County: 7, Stanislaus County: 6, 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:

Due Diligence By The Buyer Should Not Last Forever!

Due diligence by the buyer should only last 4-14 days. Since you are going to be organized and ready with all important info and documents, this is all the time any competent business buyer (and CPA for the buyer) should need to investigate the business for sale. You do not want the business off the market for a prolonged period so be firm about the length of time for Due Diligence - get it in writing (purchase agreement) and make sure all parties to the transaction stay with the schedule!

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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