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BizBen Releases: Los Angeles County Businesses Sold Stats - 4/18

Total sales of Los Angeles County small businesses sold were up 11.8% from last month and up 16.2% from the same time last year in Los Angeles County.

April 2018 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 April 2018 Los Angeles County Small Businesses Sold: 387

April 2018 Los Angeles County Small Businesses Sold By City: Alhambra 3, Altadena 3, Arcadia 10, Avalon 4, Azusa 1, Baldwin Park 1, Bassett 1, Bell Gardens 1, Bellflower 3, Beverly Hills 4, Buena Park 3, Burbank 10, Calabasas 1, Canoga Park 6, Carson 3, Cerritos 1, Chatsworth 1, City Of Industry 3, Claremont 3, Commerce 1, Compton 3, Diamond Bar 3, Downey 1, El Monte 4, Encino 6, Gardena 1, Glendale 13, Glendora 4, Granada Hills 3, Hawthorne 3, Hermosa Beach 7, Huntington Park 3, Inglewood 6, La Mirada 4, La Puente 1, Lakewood 1, Lancaster 4, Long Beach 13, Los Angeles 102, Malibu 3, Montebello 4, Monterey Park 1, North Hills 3, North Hollywood 7, Northridge 10, Norwalk 6, Pacific Palisades 3, Palmdale 3, Panorama City 1, Paramount 1, Pasadena 13, Pico Rivera 3, Pomona 7, Porter Ranch 3, Rancho Palos Verdes 1, Redondo Beach 3, Reseda 1, Rolling Hills Estate 1, Rowland Heights 4, San Dimas 3, San Fernando 1, San Marino 1, San Pedro 3, Santa Clarita 3, Santa Monica 7, Sherman Oaks 3, Signal Hill 3, South El Monte 3, South Gate 1, Sylmar 1, Tarzana 1, Temple City 1, Torrance 6, Universal City 1, Valinda 3, Van Nuys 3, Venice 1, Vernon 1, West Covina 1, West Hills 1, West Hollywood 6, West Los Angeles 3, Whittier 1, Wilmington 1, Winnetka 1, Woodland Hills 4

April 2018 Los Angeles County Small Businesses Sold By City - Most Sales:

Los Angeles102
Long Beach13
Pasadena13
Glendale13
Northridge10
Burbank10
Arcadia10
Santa Monica7
North Hollywood7
Pomona7

Percentage Increase From Last Month: Up 11.8%

Percentage Increase From This Time Last Year: Up 16.2%

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

March 2018:   346
February 2018:   283
January 2018:   309
December 2017:   439
November 2017:   376
October 2017:   430

Last Year's 2017 Total Small Businesses Sold For Los Angeles County: 4,693

Total April 2018 Small Businesses Sold For All Of California: 1,311

Some Key Econonomic & Geographic Information That Affected Sales Of Los Angeles County & California Small Businesses For April 2018:

  •  Consumer (Business Buyer) Sentiment - Up - More Likely To Buy A Business
  •  Home Prices Steady - Greater Access To Equity
  •  Interest Rates Moving Up - Less Access 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 - Downtrend - Less 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. Laundromats
2. eCommerce Websites
3. Self Serve Car Washes
4. Gas Stations
5. Liquor Stores
6. C-Stores & Markets
7. Smog Shops
8. Mailbox, Postal, Shipping Stores
9. Used Car Lots
10. Auto Repair Shops
11. FBSO's - For Sale By Owner
12. Fast Food Franchises
13. Specialty Ice Cream Stores
14. Smoke & Vape Shops
15. Home Decor & Staging Services
16. Absentee Run Businesses
17. Juice, Smoothie Shops
18. Pizzeria Restaurants
19. Tire & Wheel Shops
20. Ethnic Restaurants

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.

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.

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.

George Lanza, Business Broker, At Plethora Business Sales

Plethora Businesses, a division of A Premier In Services, Inc., is a Business Intermediary Consulting Firm headquartered in Orange, California. Plethora specializes in the listing and sale of small and medium sized private businesses.

Bob Baumgarten, Business Broker: Orange, LA Counties

National Business Brokerage is a full service brokerage company that has been serving buyers and sellers of Southern California businesses since 1994. We are dedicated to providing the highest standards of professional service for our clients. Phone Bob direct at 949-588-8727.

Michael Davidson, Business Broker - Southern California

Los Angeles Business Broker providing M&A quality services for Small Business Owners. We leverage our technology and expertise to Simplify & Expedite the Business Sales Process. Matching the right buyer with the right business is how we define success.

Steve Zimmerman: Restaurant Broker Specialist

Steve founded Restaurant Realty in 1996. He has personally sold/leased over 900 restaurants, bars & clubs, & completed over 3000 valuations. The author of "Restaurant Dealmaker - An Insider's Trade Secrets For Buying a Restaurant, Bar or Club" available on Amazon. Reach Steve direct at 415-945-9701.


  Related Articles, Events, Blog Posts, Discussions, Videos, Interviews
Can A Business Seller Back Out Of Escrow If They Simply Change Their Mind?

Can a seller of a small business back out of an ongoing escrow? Probably, yes, it all depends how far along the escrow is, which will dictate how messy things will get for both owner & buyer. Joe Ranieri (Southern California Business Broker) gives his feedback with others on this BizBen Discussion.

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.

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

Who really represents the buyer? The selling broker or agent through dual agency? Many brokers and agents weigh in on this Discussion on BizBen. Bottom line is all business buyers need to know who really represents them and has their best interest at heart when seeking and negotiating on deals.

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.

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.

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.

Broker Explains Allocation Of The Purchase Price When Selling A Business

There are a handful of key asset categories in allocating or breaking down the purchase price allocation of a California business sale. Allocation is required to complete the transaction. In this blog post Lee Petsas (Orange County Business Broker) at 714-363-0440 covers asset allocation classes.

Attorney Specialist Shares Escrow Instruction Tips When Buying A Business

Once you have successfully negotiated the Asset Purchase Agreement ("APA") for your acquisition it's natural to relax a little and let your guard down. Attorney Specialist Mark Chatow discusses what business buyers should look out for when opening escrow and getting escrow instruction in place.

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