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BizBen Releases: Los Angeles County Businesses Sold Stats - 5/18

Total sales of Los Angeles County small businesses sold were down 7% from last month and up 12.5% from the same time last year in Los Angeles County.

May 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 May 2018 Los Angeles County Small Businesses Sold: 360

May 2018 Los Angeles County Small Businesses Sold By City: Agoura Hills 3, Alhambra 4, Arcadia 4, Artesia 1, Avalon 1, Azusa 4, Baldwin Park 1, Bell Gardens 3, Bellflower 3, Beverly Hills 1, Buena Park 1, Burbank 6, Canoga Park 3, Cerritos 4, Chatsworth 1, City Of Industry 1, Compton 4, Covina 4, Cudahy 1, Culver City 6, Diamond Bar 1, El Monte 3, Gardena 1, Glendale 4, Glendora 6, Granada Hills 4, Hacienda Heights 3, Hawthorne 1, Inglewood 6, Irwindale 1, La Mirada 4, La Puente 4, La Verne 1, Lakewood 3, Lancaster 3, Lawndale 1, Long Beach 21, Los Angeles 87, Malibu 3, Manhattan Beach 1, Monrovia 1, Montebello 6, Monterey Park 1, Newhall 1, North Hollywood 4, Northridge 1, Norwalk 6, Pacoima 3, Palmdale 7, Pasadena 4, Pico Rivera 6, Pomona 10, Rancho Palos Verdes 3, Redondo Beach 3, Rowland Heights 4, San Dimas 3, San Gabriel 1, San Marino 1, Santa Clarita 4, Santa Fe Springs 3, Santa Monica 3, South El Monte 3, South Gate 4, South San Gabriel 1, Studio City 3, Tarzana 4, Toluca Lake 1, Torrance 12, Tujunga 4, Universal City 1, Valencia 3, Valley Village 3, Van Nuys 9, Venice 3, West Covina 6, West Hills 3, West Hollywood 3, Whittier 3, Wilmington 1, Woodland Hills 4

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

Los Angeles87
Long Beach21
Torrance12
Pomona10
Van Nuys9
Palmdale7
Inglewood6
West Covina6
Culver City6
Glendora6

Percentage Decrease From Last Month: Down 7%

Percentage Increase From This Time Last Year: Up 12.5%

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

April 2018:   387
March 2018:   346
February 2018:   283
January 2018:   309
December 2017:   439
November 2017:   376

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

Total May 2018 Small Businesses Sold For All Of California: 1,386

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

  •  Consumer (Business Buyer) Sentiment - Up - More Likely To Buy A Business
  •  Home Prices Moving Up - More Access To Real Estate 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 - 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. Card & Coin Laundromats
2. Online eCommerce
3. Self Serve Car Washes
4. Gas Stations
5. Liquor Stores
6. Convenience Stores
7. Smog Shops
8. Postal/Mail Box Stores
9. Used Car Lots
10. Specialty Retailers
11. FBSO's - For Sale By Owner
12. Fast Food Franchises
13. Specialty Ice Cream Stores
14. Smoke & Vape Shops
15. Flooring Services
16. Absentee Run Businesses
17. Boba Shops
18. Pizza Restaurants
19. Tire Stores
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
Shalonda Chappel-Pilgram: Escrow Services - Southern CA

Escrow services to brokers & agents, owner/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.

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.

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.

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.

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.

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.

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.

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.

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.

Podcast/Vlog: Business Purchase Financing Chat: SBA Loan, Non SBA Financing

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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 925-785-3118) a business purchase financing expert delves into the myths and facts regarding SBA loan financing.

Thinking About Selling A Small Business? Know These 8 Factors That Matter

The likelihood of selling a business is often determined by external factors in the marketplace. Here are eight influences on how easy, or difficult it might be when selling a small California business. Peter Siegel at 925-785-3118 (BizBen ProSell Program) explains these factors for owner/sellers.

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

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