California Businesses For Sale, Opportunities, Franchises, Opportunity Sales - BizBen.com California Businesses For Sale Since 1994! The Best Way To Buy Or Sell A California Business!

Articles
Events
Daily Blog
FAQ's



Buying A Business
Selling A Business
BizBen is California's #1 resource for buying and selling small to mid-sized businesses.

SEARCH BUSINESSES FOR SALE BY:
Category | Type | Advanced | Keyword | Ad #

County | Outside California | Power User Login

FRANCHISE OPPORTUNITIES FOR SALE
New Franchises For Sale | Franchise Opportunity Resales

New Listings | Resources | Business Broker Directory

Contact Us | News & Tips
Link To Us | RSS Feeds
Email Alerts & Reports
Home | Site Map


CA BUSINESS SALES
Currently Listed = 7,497
Sold This Month = 467
Sold This Year = 12,597
Sales Stats

   


Posted on June 4, 2009

Contributed by Peter Siegel

Climb in May Sales of Small California Businesses


Sales of small and mid-sized California businesses increased in May to 1,859, compared to the 1,768 completed deals recorded the prior month, maintaining a growth trend that has continued through 2009.

While overall activity is at record lows this year, the month-to-month rise in business sales since January demonstrates that the marketplace for businesses is recovering from the serious credit crunch and related problems that have affected the entire economy.

Sales of businesses in May 2009 by California county are as follows:

Alameda: 54, Amador: 5, Butte: 15, Contra Costa: 46, El Dorado: 14, Fresno: 30; Glenn: 3, Imperial: 5, Kern: 26, Los Angeles: 606; Madera: 2, Marin: 9, Mendocino: 1, Merced: 2, Mono: 1, Monterey: 23, Napa: 9, Orange: 212, Placer: 22, Riverside: 41, Sacramento: 57, San Bernardino: 114, San Diego: 241, San Francisco: 25, San Joaquin: 20, San Luis Obispo: 19, San Mateo: 17, Santa Barbara: 32, Santa Clara: 70, Santa Cruz: 8, Solano: 21, Sonoma: 11, Stanislaus: 18, Sutter: 6, Tehama: 2, Trinity: 1, Tulare: 14, Tuolumne: 4, Ventura: 46, Yolo: 6, Yuba: 1.

See all contributions from Peter Siegel

Share This Blog Post   |   Print This Blog Post

   Tags: , ,


Comments:

I wonder what impact bank lending is having on this? When there's more money available, people are more optimistic about business, generally, and more willing to take some risks. And there have been more loans the past few weeks for people who want to buy and to expand small businesses than at just about any other time this year. The SBA made some changes by raising its guarantees and reducing costs for borrowers. Looks like those moves could be working.

Posted by: Leung T.

If you look at month to month results compared to last year, the sales last month were less than in May, 2008, but the decline was less than the monthly comparisons earlier in the year. (This info is taken from the sales stats on this site). I guess that's progress.

Posted by: David H.

This news might be a really good sign. It shows that people are more optimistic if there are more deals getting done. Also, it shows that small business people are determined to close deals and more of them (buyers and sellers and brokers) are not letting the bad economy and the problems borrowing money get in the way of doing business.

Posted by: Ron F.

Submit Comment
First Name
Last Name
Company Name
Email
URL
Comment
I have read and understand the BizBen Privacy Policy