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BizBen Releases: Monterey County Businesses Sold Stats - 9/18

Total sales of Monterey County small businesses sold were down 35.3% from last month and down 26.7% from the same time last year in Monterey County.

September 2018 Monterey County completed small business sales transactions are listed below along with key economic data that drove these Monterey County specific small business stats:

Total September 2018 Monterey County Small Businesses Sold: 11

September 2018 Monterey County Small Businesses Sold By City: Carmel 1, Greenfield 1, Monterey 1, Salinas 3, Seaside 3, Soledad 1, Spreckels 1

Percentage Decrease From Last Month: Down 35.3%

Percentage Decrease From This Time Last Year: Down 26.7%

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

August 2018:   17
July 2018:   13
June 2018:   15
May 2018:   13
April 2018:   24
March 2018:   15

Last Year's 2017 Total Small Businesses Sold For Monterey County: 168

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

Some Key Econonomic & Geographic Information That Affected Sales Of Monterey 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 Monterey County go to: Monterey County Businesses Sold Stats

To view all current Monterey County small businesses for sale & businesses wanted to buy requests go to: Monterey 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 Monterey 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
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.

Ranvir S. Sandhu, Esq. - Legal Services For Buyers And Sellers

I've worked at top Bay Area law firms and have extensive experience with business entity formation, mergers, dissolutions, conversions, employment matters, including experience in reviewing and negotiating transactional documents such as leases and purchase agreements.

Jeff Back, Broker: Restaurant Specialist - SF Bay Area

J. Back & Associates Restaurant Real Estate was founded in 1988 as the first bay area real estate company to specialize exclusively in restaurant real estate. I am the past President of Charley Browns restaurants and have been involved in the restaurant business for over 35 years. 925-736-8200.

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.

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.

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.


  Related Articles, Events, Blog Posts, Discussions, Videos, Interviews
Due Diligence Checklist: 10 Key Items To Investigate When Buying Businesses

Buying a California small business involves reviewing due diligence checklists so buyers can learn enough to determine whether to proceed with a deal. Here's a due diligence checklist. Peter Siegel, MBA (BizBen ProBuy Advisor & Business Purchase Financing Expert) at 866-270-6278 shares his views.

Purchase A Business With Limited Or No Cash - Financing Tips For Buyers

Purchasing a business with no money down can be difficult, but not impossible. Financing a business purchase or down payment can often be accomplished with these strategies from Peter Siegel, MBA (Business Purchase Financing Expert, ProBuy & ProSell Program Advisor with BizBen) at 866-270-6278.

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 866-270-6278 (BizBen ProSell Program) explains these factors for owner/sellers.

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

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Getting An SBA Loan To Buy A Small Business: Dispelling Some Major Myths

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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.

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

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