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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.

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.

Joe Sandbank, Esq. - Legal Services

I have provided legal counsel to business buyers, sellers and brokers for over 17 years. With prior experience as a business broker and SBA loan officer, Joe brings both a practical and legal approach to all aspects of the business acquisition process.

Janet Carrera - Escrow & Bulk Sale Services - SF Bay Area

Redwood Escrow Services, Inc. is a full service, licensed independent escrow company. We are EAFC Fidelity bonded, fully insured & licensed with the Department of Corporations. Committed to offering our clients the most comprehensive variety of escrow services available. Phone Janet at 510-247-0741.

Peter Siegel, MBA - SBA Loans, Non SBA Financing Assistance

For over 25 years I have provided niche business purchase financial advisory and loan placement services with SBA and Non-SBA Loans, Retirement Plan Conversions, Private Investors, etc. Financing amounts available: $20K to $7MM. Call today to get pre-qualified or receive financing: 866-270-6278.

Larry Larsen, Broker, Laundry Specialist - Orange, LA Counties

I have over forty years of experience in the sales, ownership, management, and construction of coin laundries. He is a licensed broker active in the sale of coin laundries, a licensed insurance agent specializing in coin laundry insurance.


  Related Articles, Events, Blog Posts, Discussions, Videos, Interviews
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.

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

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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.

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

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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

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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.

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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.

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