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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
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.

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.

Michael Davidson, Business Broker - Southern California

Los Angeles Business Broker providing M&A quality services for Small Business Owners. We leverage our technology and expertise to Simplify & Expedite the Business Sales Process. Matching the right buyer with the right business is how we define success.

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.

Mike Brewer: Liquor License Brokers, ABC Consulting Services

Liquor license brokerage and consulting services. We provide: Alcohol License Transfers Application Consulting & Processing, Liquor License Purchases & Sales, City Zoning Permits & Land Use Entitlements, Public Convenience or Necessity Findings and Letters. Phone Mike Brewer direct at 800-437-1100.

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.


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

Who Really Represents The Business Buyer In A Deal? Does Dual Agency Work?

Who really represents the buyer? The selling broker or agent through dual agency? Many brokers and agents weigh in on this Discussion on BizBen. Bottom line is all business buyers need to know who really represents them and has their best interest at heart when seeking and negotiating on deals.

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.

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.

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.

Business Purchase Financing Expert Gives Tips On Proving Cash Flow

What are the actual "provable" adjusted net earnings (cash flow) of a small to mid-sized business being purchased? Buyers need to look carefully at all financial info for the "real" adjusted net income or cash flow. Peter Siegel, MBA (business purchase financing expert) at 925-785-3118 explains.

Mentoring In How To Buy A Business - Tips From Expert Willard Michlin, CPA

Willard Michlin, CPA a due diligence specialist shares his views on the mentoring process & about how buyers can "profit" from such a relationship when searching and buying a business. Mr. Michlin, CPA (800-864-0420) performs due-diligence services and and consulting services for business buyers.

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.

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