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BizBen Releases: Los Angeles County Businesses Sold Stats - 7/18

Total sales of Los Angeles County small businesses sold were down 2.7% from last month and up 6% from the same time last year in Los Angeles County.

July 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 July 2018 Los Angeles County Small Businesses Sold: 354

July 2018 Los Angeles County Small Businesses Sold By City: Agoura Hills 3, Alhambra 4, Altadena 3, Arcadia 3, Avalon 1, Azusa 1, Baldwin Park 1, Bell 4, Bellflower 1, Beverly Hills 1, Burbank 6, Canoga Park 1, Canyon Country 3, Carson 4, Castaic 3, Cerritos 6, Chatsworth 3, City Of Industry 1, Claremont 3, Compton 1, Covina 6, Culver City 4, Diamond Bar 1, Downey 3, Duarte 1, El Monte 1, El Segundo 4, Encino 1, Gardena 1, Glendale 3, Glendora 1, Hacienda Heights 1, Hawthorne 3, Hermosa Beach 1, Huntington Park 1, Inglewood 1, La Puente 3, La Verne 4, Lake View Terrace 3, Lakewood 1, Lancaster 3, Lawndale 1, Lomita 1, Long Beach 21, Los Angeles 97, Lynwood 3, Malibu 1, Marina Del Rey 1, Mission Hills 1, Monrovia 1, Montebello 1, Monterey Park 3, North Hills 1, North Hollywood 1, Norwalk 3, Pacoima 1, Palmdale 1, Panorama City 3, Pasadena 9, Pico Rivera 3, Pomona 4, Quartz Hill 1, Redondo Beach 3, Reseda 3, Rosemead 4, Rowland Heights 1, San Dimas 1, San Fernando 1, San Gabriel 4, San Marino 1, San Pedro 4, Santa Clarita 4, Santa Monica 9, Sherman Oaks 4, Simi Valley 1, South Gate 3, South Pasadena 3, Stevenson Ranch 1, Sun Valley 3, Sunland 1, Sylmar 1, Tarzana 1, Toluca Lake 1, Torrance 13, Valencia 3, Van Nuys 3, Walnut 1, West Covina 3, West Hollywood 6, Whittier 7, Wilmington 1, Winnetka 1, Woodland Hills 4

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

Los Angeles97
Long Beach21
Torrance13
Santa Monica9
Pasadena9
Whittier7
Covina6
Cerritos6
Burbank6
West Hollywood6

Percentage Decrease From Last Month: Down 2.7%

Percentage Increase From This Time Last Year: Up 6%

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

June 2018:   364
May 2018:   360
April 2018:   387
March 2018:   346
February 2018:   283
January 2018:   309

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

Total July 2018 Small Businesses Sold For All Of California: 1,340

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

  •  Consumer (Business Buyer) Sentiment - Up - More Likely To Buy A Business
  •  Corporate Employment Was Up - Less People Looking To Buy A Business
  •  Home Prices Moving Down - Less Access To Real Estate 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. Gas Stations
3. Card & Coin Laundromats
4. Gas Stations
5. Liquor Stores
6. Convenience Stores
7. Pet/Dog Walking Service
8. Postal/Mail Box Stores
9. Online eCommerce
10. Hair Blow Bar Salon
11. FBSO's - For Sale By Owner
12. Fast Food Franchises
13. Salons And Spas
14. Smoke & Vape Shops
15. Vocational Schools
16. Absentee Run Businesses
17. Boba Shops
18. Pizza Restaurants
19. Adjusted Net Income Over $100K
20. Consulting Practices

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
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.

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.

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.

Mike Hurrell, Broker: Coin & Card Laundry Specialist Brokerage

Providencia Properties Inc in association with Golden State Laundry Systems is a full service Coin Laundry Real Estate Broker. At GSLS you will receive personalized attention from our professional staff of coin laundry experts. To sell or buy a Southern CA laundromat call Mike at 310-223-2240 X209.

William Park, Business Broker - Southern California

Highest Volume Broker in California, Simply Check our HUNDREDS of Listings! Over 25 Associates, Speaking Dozen Languages, Helping Buyers and Sellers of Small Business since 1982, Centrally Located between Los Angeles and Orange Counties, while Riverside & San Bernardino Counties are Very Accessible.

Joanne Weber, Broker - Preschool Specialist - Southern California

The Ryan Craig Company is in its 35th year as the recognized expert in Southern California, dealing exclusively in the sale of preschools, Montessori schools, day care centers, and private schools. Our extensive list of references speaks for itself. Phone Joanne at 818-760-3684 for more info.

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
FREE Sat Seminars: Best Practices When Buying Or Selling A Small Businesses

This seminar focuses on the process of buying & selling a small business. Sat's - Monthly (refreshments will be served) in Southern California. Phone Willard Michlin (CPA, Certified Fraud Examiner, Due Diligence Expert, Business Broker). Phone 805-428-2063 to RSVP. Click On Link For Schedule.

Workshop: How to Find Profitable Businesses For Sale Not On The Market

Live Workshop For Business Buyers: Find Small Businesses Possible For Sale Not On The Market. This Workshop Is In Southern California. Every Month On Saturdays - 1:30 PM to 4:30 PM. Call 805-428-2063 to RSVP. Willard Michlin, CPA will be presenting this workshop. Click On Link For Schedule & Times.

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

Ever wonder what is involved in obtaining business purchase financing to buy a business or franchise? Peter Siegel, MBA who has over 20 years advising and obtaining all types of financing for business buyers in this video/podcast - SBA loans, Non-SBA Financing, Alternative Financing Sources.

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.

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.

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

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.

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 925-785-3118 regarding SBA & Non SBA Loan Financing.

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