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BizBen Releases: Los Angeles County Businesses Sold Stats - 8/17

Total sales of Los Angeles County small businesses sold were up 18.3% from last month and down 6.4% from the same time last year in Los Angeles County.

August 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 August 2017 Los Angeles County Small Businesses Sold: 395

August 2017 Los Angeles County Small Businesses Sold By City: Alhambra 4, Arcadia 4, Azusa 4, Baldwin Park 1, Bell Gardens 1, Bellflower 3, Beverly Hills 1, Burbank 6, Calabasas 1, Canoga Park 3, Canyon Country 3, Cerritos 3, Chatsworth 3, City Of Industry 4, Compton 7, Covina 7, Culver City 3, Downey 15, Duarte 4, El Monte 6, El Segundo 4, Gardena 4, Glendale 16, Granada Hills 1, Hacienda Heights 1, Harbor City 1, Hawthorne 3, Huntington Park 1, Inglewood 7, La Crescenta 3, La Mirada 4, La Verne 4, Lake Hughes 1, Lakewood 1, Lancaster 1, Lomita 4, Long Beach 18, Los Angeles 97, Manhattan Beach 4, Monrovia 3, Monterey Park 1, Montrose 1, North Hollywood 6, Northridge 4, Norwalk 3, Palmdale 3, Panorama City 4, Paramount 3, Pasadena 12, Pomona 1, Redondo Beach 4, Reseda 3, Rosemead 1, Rowland Heights 4, San Dimas 1, San Fernando 3, San Gabriel 3, Santa Clarita 4, Santa Monica 4, Saugus 3, Sherman Oaks 3, Sierra Madre 3, South Gate 1, South Pasadena 1, Stevenson Ranch 1, Studio City 4, Sun Valley 1, Tarzana 1, Temple City 3, Torrance 13, Universal City 3, Valencia 4, Valley Village 3, Van Nuys 7, Venice 3, Walnut 4, West Hollywood 1, Whittier 4, Woodland Hills 6

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

Los Angeles97
Long Beach18
Glendale16
Downey15
Torrance13
Pasadena12
Van Nuys7
Covina7
Compton7
Inglewood7

Percentage Increase From Last Month: Up 18.3%

Percentage Decrease From This Time Last Year: Down 6.4%

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

July 2017:   334
June 2017:   420
May 2017:   320
April 2017:   333
March 2017:   403
February 2017:   387

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

Total August 2017 Small Businesses Sold For All Of California: 1,442

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

  •  Consumer (Business Buyer) Sentiment - Up - More Likely To Buy A Business
  •  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
  •  School Starts, Vacations Over
  •  Small Business Owner (Seller) Sentiment - Up - More Likely To Sell

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. Car Washes
2. Laundromats
3. Gas Stations
4. Manufacturers
5. Liquor Stores
6. Convenience Stores
7. Relocatable Businesses
8. Postal/Mail Box Stores
9. Auto Repair Shops
10. Businesses With Real Estate
11. FBSO's - For Sale By Owner
12. Fast Food Franchises
13. eCommerce Websites
14. Smoke & Vape Shops
15. Smog Test Shops
16. Absentee Run Businesses
17. Boba Shops
18. Pizza Restaurants
19. Tire Stores
20. Fast Food 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
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.

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.

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.

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.

Ralph Santos, Business Broker Specialist - Health Care Related Businesses

Using my MBA and my perseverance I will make things happen! I provide business brokerage niche services specializing in the hospice and home health care agency industry in the Los Angeles County or Ventura County areas. For either buying or selling assistance please phone or email me today.

Ryan Clark, Business Broker, Southern California

The Veld Group provides a refreshing approach to Business Brokerage, Mergers & Acquisitions and Business Consulting and Valuations. From Your Street to Wall Street, we cater to Main Street Businesses as well as more complex Strategic Firms and Start-Ups. Phone Ryan at 310-652-8353.


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

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.

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.

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?

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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.

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.

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.

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