Sacramento County Small Businesses Sold Were Down In 2010


A decline in the number of small and mid-sized Sacramento County businesses sold last year, compared to 2009 showed some effects of the economic slowdown. Just 403 transactions were completed in 2010, down from the 511 deals closed the year before, according to figures released by the BizBen.com Index. Among the key problems has been the difficulty raising the funds needed to complete deals, as banks have substantially reduced their business lending activities.

There is reason to be optimistic about business sales this year. The SBA lending programs help motivate lenders to provide funds needed for the sale and the expansion of small businesses. Another positive factor is the growing use of seller financing in business sales so that buyers can complete business purchases with a combination of cash and debt.

The BizBen.com Index also reported that the majority of the county's sales were in the city of Sacramento, with 254 deals recorded last year. Other cities with active business sales were Citrus Heights with 33 closed escrows and Elk Grove with 27.

Sacramento County business sales figures reported by city and month are available at the BizBen.com Sacramento County business sales statistics page.

About The Author: Peter Siegel, MBA is the Founder & President of BizBen.com and the BizBen Network. The BizBen.com Index has been tracking the sale of California small businesses since 1994. Phone Peter Siegel direct at 925-785-3118 about the BizBen.com Index or if you need assistance with selling or buying California small businesses on BizBen.com.

Categories: Business For Sale Statistics, Selling A Business







  Helpful Resources To Assist In Selling And Buying California Businesses
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.

Harry Sidhu, CBB, Broker: SF Bay Area, Central Valley, SAC Region

Assisting both sellers and buyers of businesses - dealing mainly with Liquor Stores, Grocery Markets, Gas Stations, Smoke Shops, Restaurant Related, Retail Related, Service Related. Serving SF Bay Area, North Bay, Sacramento area. Call Harry Sidhu, CBB for assistance at 510-366-6130.

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.

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.

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.

Mike Brewer: Liquor License Broker, ABC Consulting Service

Liquor license brokerage and consulting services. We provide: Alcohol License Transfers Application Consulting & Processing, Liquor License Purchases & Sales, City Zoning Permits & Land Use Entitlements, Public Convenience or Necessity Findings and Letters. Phone Mike Brewer direct at 800-437-1100.

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.

Jim Thomas: Broker Specialist, Consultant - Fitness & Gym Industry

Jim Thomas is the well-known founder and president of Fitness Management USA, Inc., a management consulting and brokerage firm specializing in the fitness, health club and sports industry. He has over 25 years of experience owning, operating and managing clubs of all sizes.


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