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BizBen Releases: Los Angeles County Businesses Sold Stats - 2/17

Total sales of Los Angeles County small businesses sold were down 12.6% from last month and up 6% from the same time last year in Los Angeles County.

February 2017 Los Angeles County completed small business sales transactions are listed below along with key economic data that drove these Los Angeles County specific small business stats:

Total February 2017 Los Angeles County Small Businesses Sold: 387

February 2017 Los Angeles County Small Businesses Sold By City: Agoura Hills 4, Alhambra 6, Arcadia 1, Azusa 3, Baldwin Park 4, Bellflower 4, Beverly Hills 4, Burbank 3, Canoga Park 6, Canyon Country 1, Carson 1, Castaic 3, City Of Industry 6, Cudahy 3, Culver City 6, Downey 3, Duarte 1, El Monte 4, Encino 6, Gardena 4, Glendale 4, Glendora 4, Granada Hills 1, Hacienda Heights 4, Hawaiian Gardens 1, Hawthorne 3, Huntington Park 1, La Crescenta 3, La Mirada 3, La Puente 3, Lakewood 1, Lancaster 6, Lomita 1, Long Beach 9, Los Angeles 114, Lynwood 3, Malibu 1, Manhattan Beach 3, Monrovia 3, Montebello 6, Monterey Park 1, North Hollywood 6, Northridge 6, Norwalk 1, Palmdale 3, Paramount 4, Pasadena 4, Pico Rivera 1, Pomona 6, Rancho Palos Verdes 1, Redondo Beach 4, Reseda 1, Rosemead 3, San Dimas 4, San Fernando 4, San Gabriel 7, San Marino 3, San Pedro 9, Santa Clarita 3, Santa Fe Springs 1, Santa Monica 4, Sherman Oaks 9, South El Monte 3, South Gate 3, South Pasadena 1, Studio City 1, Sun Valley 3, Sylmar 3, Temple City 3, Toluca Lake 1, Torrance 10, Tujunga 3, Valencia 3, Van Nuys 1, Vemon 3, Venice 3, Vernon 1, West Covina 4, West Hollywood 1, Whittier 4, Willowbrook 1, Woodland Hills 3

February 2017 Los Angeles County Small Businesses Sold By City - Most Sales:

Los Angeles114
Torrance10
Long Beach9
Sherman Oaks9
San Pedro9
San Gabriel7
Alhambra6
Culver City6
Encino6
Montebello6

Percentage Decrease From Last Month: Down 12.6%

Percentage Increase From This Time Last Year: Up 6%

Total Monthly Business For Sale Stats For Los Angeles County - Last 6 Months:

January 2017:   443
December 2016:   368
November 2016:   287
October 2016:   380
September 2016:   355
August 2016:   422

Last Year's 2016 Total Small Businesses Sold For Los Angeles County: 4,409

Total February 2017 Small Businesses Sold For All Of California: 1,373

Some Key Econonomic & Geographic Information That Affected Sales Of Los Angeles County & California Small Businesses For February 2017:

  •  Consumer (Business Buyer) Sentiment - Up - More Likely To Buy A Business
  •  Corporate Employment Was Up - Less People Looking To Buy A Business
  •  Holiday Or Event - Presidents Weekend - More Consumers Traveling
  •  Home Prices Steady - Greater Access To Equity
  •  Interest Rates Remained The Same - More Likely To Use To Financing
  •  Retirement Savings - Uptrend - More Access To Capital
  •  SBA Loan Financing Easier To Obtain To Buy A Business
  •  Small Business Owner (Seller) Sentiment - Up - More Likely To Sell
  •  Stock Prices / Market - Uptrend - More Access To Capital

To view all small business sold stats for all Counties and Cities in California go to: California Small Businesses Sold Stats - BizBen.com Index

To view all small business sold stats for all Los Angeles County go to: Los Angeles County Businesses Sold Stats

To view all current Los Angeles County small businesses for sale & businesses wanted to buy requests go to: Los Angeles County Small Businesses For Sale / Wanted To Buy

Most Popular Search Requests Of Small Business Types Wanted By Business Buyers For This Period:

1. Self Serve Car Washes
2. Independent Or Branded Gas Stations
3. Card Automated Laundries
4. Liquor Stores
5. Branded Gas Stations With Real Estate
6. Absentee Run Businesses
7. Pre Schools
8. Postal/Mail Box Stores
9. Home-Based Businesses
10. Elderly Care Homes
11. eCommerce Websites
12. Subway Franchises
13. Fast Food Franchise Restaurants
14. Coffee, Espresso Shops
15. Convenience Stores
16. Medical Marijuana Dispensaries
17. For Sale By Owner - FSBO
18. Smog Test Shops
19. Smoke & Vape Shops
20. Garage Door Repair & Services

The BizBen.com Index has been collecting stats and information regarding California Small Business sales for over 15 years. The BizBen.com Index is part of BizBen.com (established over 25 years) - which currently lists over 10,000 active California small businesses for sale, businesses wanted to buy, blog, podcast, and resources for buying and selling small to mid-sized California businesses. Peter Siegel, MBA is the Founder and Director of BizBen.com & BizBuyFinancing.com and consults daily with business buyers, and owner/sellers on the topic of buying and selling small businesses throughout California.

For More Information Regarding These Los Angeles County Small Business Stats And Information:

Contact: Peter Siegel, MBA, BizBen.com Index Director

Phone: 866-270-6278

  Helpful Resources To Assist In Selling And Buying California Businesses
Mark Chatow, Esq.: Legal Services For Buying, Selling Businesses

Mark has a broad range of small business purchase & sale experience from analyzing potential acquisition targets to successfully guiding buyers and sellers through the purchase & sale of small businesses. Mark can assist with contracts, negotiations, legal matters, etc. Reach Mark at 949-478-8393.

Willard Michlin, CPA, Certified Fraud Examiner, Due Diligence Services

Willard Michlin, CPA #106752, offers buyers step by step training & assistance in doing Due Diligence Services when they are thinking of making an offer, or are in process of investigating a business purchase. He helps to determine the actual net profit even when there is cash. Call 805-428-2063.

Diane Boudreau-Tschetter: Escrow And Bulk Sale Services

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.

Helen Yoo: Escrow & Bulk Sale Services - 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.

Brad Steinberg, Broker - Laundromat Specialists

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.

Rick Carlson, Business Broker - Southern California

You Will Never Feel Lost In The Shuffle. Many Brokers Simply Send Out An NDA And That's The End Of Communication. All Buyers Receive A Personal Meeting With An Ace Acquisition Specialist So They Can Recommend The Perfect Business For You. Phone Rick direct at 800-985-4939.

Mike Brewer: Liquor License Brokers, ABC Consulting Services

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.

Elizabeth McGovern: Escrow Services - SF 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.


  Related Articles, Events, Blog Posts, Discussions, Videos, Interviews
Due Diligence Checklist: 10 Key Items To Investigate When Buying Businesses

Buying a California small business involves reviewing due diligence checklists so buyers can learn enough to determine whether to proceed with a deal. Here's a due diligence checklist. Peter Siegel, MBA (BizBen ProBuy Advisor & Business Purchase Financing Expert) at 866-270-6278 shares his views.

Business Purchase Financing Help - Expert Tips For Faster SBA Loan Approvals

Business purchase financing advisor Peter Siegel, MBA shares his views on SBA loan financing. He explains the nuances of the SBA loan process when considering business purchase financing or getting pre-qualified. Reach Peter Siegel, MBA direct at 866-270-6278 regarding SBA & Non SBA Loan Financing.

Getting An SBA Loan To Buy A Small Business: Dispelling Some Major Myths

When seeking SBA loan financing many potential business buyers have wrong information about the process of securing the best financing to buy a business. Peter Siegel, MBA (at 866-270-6278) a business purchase financing expert delves into the myths and facts regarding SBA loan financing.

Due Diligence Issues: What Business Buyers Should Know About The Process

Willard Michlin, CPA, CFE at 800-864-0420 elaborates why you can do a large portion of the due diligence yourself, depending on your background, but you should never try to do it solely on your own. In this BizBen blog post he explores ways business business buyers get themselves into trouble.

Deposits With Business Purchase Agreements: How Much? Structure? Refundable?

Purchase agreements when buying or selling a small business can be tricky. A top Southern CA Business Broker discusses this topic including multiple strategies regarding deposits with business purchase agreements. Lee Petsas (Orange County Business Broker) at 714-363-044 contributes this blog post

BizBen Index: Weekly Results - 274 California Businesses Sold 5/21 - 5/25

For the week of 5/21 thru 5/25, 274 California small businesses were sold by business owners, business brokers, and agents. In 2017 16,956 CA small businesses were sold. So far this year (2018) 3,896 small to mid-sized California businesses have sold so far by business owners, agents, and brokers.

Who Really Represents The Business Buyer In A Deal? Does Dual Agency Work?

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Differences Between Business Appraisers, CPA's, And Due Diligence Experts

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