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BizBen Releases: Los Angeles County Businesses Sold Stats - 9/18

Total sales of Los Angeles County small businesses sold were down 0% from last month and down 29.1% from the same time last year in Los Angeles County.

September 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 September 2018 Los Angeles County Small Businesses Sold: 293

September 2018 Los Angeles County Small Businesses Sold By City: Alhambra 3, Altadena 3, Arleta 1, Artesia 1, Azusa 1, Baldwin Park 1, Bell Gardens 1, Bellflower 3, Burbank 6, Calabasas 1, Canoga Park 4, Canyon Country 1, Carson 4, Castaic 1, Chatsworth 3, City Of Industry 1, Claremont 4, Compton 1, Covina 7, Culver City 3, Downey 6, Duarte 1, El Monte 1, Encino 3, Gardena 3, Glendale 3, Glendora 1, Granada Hills 1, Hacienda Heights 3, Hawaiian Gardens 3, Hawthorne 1, Huntington Park 3, Inglewood 3, La Canada Flintridge 1, La Puente 3, Lakewood 1, Lancaster 4, Lawndale 1, Lennox 1, Long Beach 24, Los Angeles 79, Lynwood 3, Manhattan Beach 3, Maywood 1, Monrovia 4, Montebello 1, Montrose 1, North Hills 1, North Hollywood 3, Northridge 3, Norwalk 1, Pacific Palisades 1, Paramount 3, Pasadena 10, Pico Rivera 1, Pomona 7, Rancho Dominguez 1, Redondo Beach 4, Reseda 1, Rosemead 1, Rowland Heights 1, San Dimas 1, San Gabriel 1, San Pedro 1, Santa Clarita 1, Santa Monica 3, Saugus 1, Sepulveda 1, South Gate 4, Studio City 1, Temple City 1, Torrance 1, Valley Village 3, Van Nuys 6, Walnut 4, West Covina 6, Whittier 7, Wilmington 1, Woodland Hills 3

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

Los Angeles79
Long Beach24
Pasadena10
Covina7
Pomona7
Whittier7
Downey6
Burbank6
West Covina6
Van Nuys6

Percentage Decrease From Last Month: Down 0%

Percentage Decrease From This Time Last Year: Down 29.1%

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

August 2018:   293
July 2018:   354
June 2018:   364
May 2018:   360
April 2018:   387
March 2018:   346

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

Total September 2018 Small Businesses Sold For All Of California: 1,099

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

Corporate employment is up (unemployment is at an all time low recently) reducing the number of business buyers in the marketplace (buyers tend to get jobs instead of buying a business when unemployment is high). Summer-end vacations (early in September) were at an all time high this year (due to higher personal incomes) taking buyers, sellers, and brokers out of the marketplace for up to two weeks in total days during the month. The stock market and home prices were at all time highs allowing buyers to utilize more capital for down payments for potential small business purchases. Business purchase financing with SBA loans remained strong for business purchase financing despite that some local and regional lenders have lessened their business acquisition financing programs.
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. Gas Stations
2. Car Washes
3. Laundromats
4. Businesses With Real Estate
5. Liquor Stores
6. Convenience Stores
7. Adjusted Net Income Over $100K
8. Postal/Mail Box Stores
9. Online eCommerce
10. Medical Billing Service
11. Absentee Run Businesses
12. Fast Food Franchises
13. Hair & Beauty Salons
14. Smoke Shops
15. Pre Schools
16. FBSO's - For Sale By Owner
17. Pet Related Services
18. Pizza Restaurants
19. Dry Cleaners & Agencies
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
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.

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.

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.

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.

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.

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.

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.


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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 866-270-6278) a business purchase financing expert delves into the myths and facts regarding SBA loan financing.

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

What are the differences between a Business Appraiser, CPA auditor and Due Diligence Expert - and why should you care? Insights from Willard Michlin, CPA in his latest BizBen blog post that will be useful for someone engaged in, or planning to conduct due diligence in the future

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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.

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