April California Business Sales Down From 2010, But Up 12.5% For 2011


A total of 986 small and mid-market businesses changed hands in California last month, a decline of about 10% from the 1,095 deals completed in April 2010. The drop was even more dramatic, nearly 33%, compared to the previous month (March 2011), which posted 1,444 transactions, the best monthly sales results in nearly two years.

To some extent, the slower sales last month is a reflection of the measured pace at which we see the entire economy growing. In many sectors of the consumer and business-driven economies, there is increased activity one month, followed by a decline the following month. Additionally, there were three separate holidays in April--Easter, Passover and Spring Break--causing some entrepreneurs to delay conclusion of their transactions. We expect to see a strong figure for May sales, expressing some of the pent-up demand for businesses.

Despite the April slowdown the underlying trend is positive. We've recorded growth of nearly 12.5% in the volume of business transfers so far this year compared to the same 2010 period. This is partly a result of improved access to borrowed funds needed to complete business sales.

Most of the largest metropolitan areas recorded declines in April compared to the same month in 2010. Los Angeles County noted a drop from 341 transactions in April 2010 to 267 concluded transactions last month. The 103 total of sales involving Orange County businesses last month represents a dip of nearly 10% from the 114 transactions registered in April 2010. The decline in San Diego County was about 47%, with 62 businesses changing hands last month compared to 116 transactions the same month last year.

A substantial growth in sales volume was reported,  however, for San Francisco with 52 deals last month, up nearly 75% from 30 transactions closed in April of last year. Meanwhile, Sacramento County saw a 45% decline to 22 completed escrows in April 2011 vs. 40 deals in April 2010.

The April sales totals, by county, listed on the BizBen.com Index, at http://www.bizben.com/stats/stats-monthly-apr.php are as follows:
Alameda: 58,Amador: 5,Butte: 5,Contra Costa: 24, El Dorado: 3, Fresno: 23,Imperial: 3, Kern: 18, Kings: 1, Lassen: 1, Los Angeles: 267, Marin: 13, Merced: 3,Mono: 1,Monterey: 13, Napa: 5, Nevada: 1, Orange: 103, Placer: 7, Riverside: 43, Sacramento: 22, San Bernardino: 24, San Diego: 62, San Francisco: 52, San Joaquin: 23, San Luis Obispo: 6, San Mateo: 7, Santa Barbara: 11, Santa Clara: 60, Santa Cruz: 6, Shasta: 7, Solano: 19, Sonoma: 24, Stanislaus: 14, Sutter: 4, Tehama: 1, Tulare: 12, Ventura: 23, Yolo: 11, Yuba: 1

This information is provided by the BizBen.com Index, which for the past 15 years has collected California small businesses for sale statistical data.

About the Author:  Peter Siegel, MBA is the Founder of www.BizBen.com (established 1994 - 7000+ California businesses for sale, 200 new listings daily). He consults daily with business buyers, business owners, small business advisors, business brokers and agents on selling and buying California small businesses. He is also the author of three books on the topic of how to buy and sell California small to mid-sized companies. For a FREE consultation on the best way to buy or sell a California business, phone Peter Siegel direct at 925-785-3118.

Categories: Business For Sale Statistics







  Helpful Resources To Assist In Selling And Buying California Businesses
Helen Yoo, New Century Escrow - Escrow Services In Southern California

New Century Escrow, Inc. is a fully licensed & bonded independent escrow company. Over 20 years combined experience in handling bulk escrow transactions. Multi-lingual staff that speaks your language, including Korean, Chinese, Vietnamese. Call Helen Yoo direct at 626-890-1151.

Janet Carrera: Escrow & Bulk Sale Service - SF Bay Area

Redwood Escrow Services, Inc. is a full service, licensed independent escrow company. We are EAFC Fidelity bonded, fully insured & licensed with the Department of Corporations. Committed to offering our clients the most comprehensive variety of escrow services available. Phone Janet at 510-247-0741.

Elizabeth McGovern: Escrow Services - San Francisco Bay Area

McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.

Shalonda Chappel: Escrow & Bulk Sale Services - Southern California

Escrow services to brokers/agents, sellers, & buyers. Established 43 years. Extraordinary service. Experienced with handling difficult transactions. One stop for all your escrow needs: Bulk sales, lien searches, UCC searches, liquor license transfers, publishing & recording services. 951-808-3972.

Brad Steinberg, Business Broker: Laundromat Specialist

PWS is the leading laundromat broker in California. Since 1968 PWS has brokered over 2,500 laundromat sales. With over 90 employees dedicated to the coin laundry industry, PWS has 18 licensed agents, a 3 person in-house finance department, 10 service technicians and a 20 person parts department.

Diane Boudreau-Tschetter: Escrow & Bulk Sale Services - CA

California Business Escrow, Inc. is a full service independent escrow company serving all of California and has expertise in a wide range of escrows. Our team prides itself on providing an exceptional escrow experience. For more info phone Diane Boudreau-Tschetter at 888-383-3331 or 209-838-1100.

William F. Ziprick, Attorney: Legal Services For Buyers And Sellers

Through creative problem solving, attention to detail, accessibility, & understanding that unnecessary delay is often a deal killer, I work closely with my clients and other professionals to consistently achieve a high rate of closings. Office: 909-255-8353, Cell: 509-951-7230.


  Related Articles, Events, Blog Posts, Discussions, Videos, Interviews
Business Sellers: Do Not Make It Hard To Buy Your Small Business: Owner Tips

Successful sellers of small businesses need a game plan to sell their California small business for maximum price and for the best terms. Peter Siegel, MBA discusses these seller strategies with BizBen Blog readers based on his experience as the lead Advisor with the ProSell Program on BizBen.com.

Find Out Why 80% Of California Business Buyers Never Find And Buy A Business

First the dreaded statistic: 80% of all CA business buyers looking to buy a business in California never end up doing so! Peter Siegel, MBA BizBen.com Founder & ProBuy Director) covers successful tactics & strategies all business buyers of California small to mid-sized businesses should utilize now.

Financing Advice: Showing Add Backs To Get Business Acquisition Financing

When seeking business acquisition financing, it helps to review a seller's addbacks as a source of funding to service the debt service. But explain them correctly. Peter Siegel, MBA business acquisition financing expert and advisor at 925-785-3118 covers this topic on financing a business purchase.

Buying A Small Business That Is Not For Sale - Strategies For Business Buyer

Approaching business owners directly to see if they want to sell can sometimes work well for business buyers searching to buy a business. Another way is to broadcast your search criteria via the BizBen ProBuy Program to all brokers, agents, and intermediaries who sell businesses in California.

Thinking Of Selling My Business: What Factors Create Value And Drive Price?

There are a lot of misconceptions about what enhances the value of a business. The following factors in this Discussion Post on BizBen are aspects of a business that really drives its value and pricing. Business owners thinking of selling should check these out these factors before selling.

How Do I Navigate Through The Negotiation Process When Buying A Business?

Negotiating the terms of a business deal is a delicate process, where one wrong move can cost you the business that you wanted to purchase. Peter Siegel, MBA (BizBen ProBuy Program) discusses the ins and outs of negotiations, and how to work well with the seller to get a deal done.

Selling A Business Without Getting Sued: 5 Tips For Business Sellers/Brokers

How do I sell my business without getting sued, isn't a subject just for discussions with lawyers. A seller can take some precautions to reduce potential legal problems. Peter Siegel, MBA Founder Of BizBen and BizBen's ProSell Program discusses this topic for business owners/sellers and brokers.

Coronavirus: Advisors Discuss The Topic - Buying & Selling Small Businesses

During this time period of being "sheltered in place" we discuss strategies, best practices that business buyers, business brokers, agents, and owner/sellers are practicing or thinking about during these times of being immobilized. Also discussed are business types that may be good purchases.


Escrow Services Diane Boudreau-Tschetter
Julieanna Wakileh Preschool Broker
Orville Wright Central Valley Business Broker
Health Care Broker Ralph Santos
Facebook
Twitter
Linkedin
Vlogs and Podcasts
BizBen Blogs And Articles
Business For Sale California Stats
BizBen ProBuy Program
New Postings Reports On BizBen Sign Up
Advertise On BizBen

BizBen - Where California Deals Get Done! 888-212-4747
7172 Regional Street #364 · Dublin, CA. 94568
BizBen · Copyright © 1994 - 2020, All Rights Reserved



Clost Login


Please confirm your registration by clicking the link we've sent to .

If you can't see it, please check your junk mail folder.

If you have any problems registering, or need assistance with your new BizBen User Account please phone BizBen Customer Support at 888-212-4747.



First Name:*
Last Name:*
Email Address:*
Confirm Email:*
Create Password:*
Confirm Password:*
Phone:
(   
 


You Are A:
Individual
 
Intermediary
 

Email Address:
Password:
 

500 New & Refreshed Detailed Postings Daily
Over 2500 Resources Available On BizBen
Since 1994. Where California Deals Get Done!
Why Deals Fall Out: Unrealistic High Asking Prices Are Usually The Reaso...
Read More News
Before Buying A California Business, 10 Questions You Should Ask Yoursel...
Read More News