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BizBen Releases: Riverside County Businesses Sold Stats - 2/17

Total sales of Riverside County small businesses sold were down 1.5% from last month and up 18.2% from the same time last year in Riverside County.

February 2017 Riverside County completed small business sales transactions are listed below along with key economic data that drove these Riverside County specific small business stats:

Total February 2017 Riverside County Small Businesses Sold: 65

February 2017 Riverside County Small Businesses Sold By City: Blythe 3, Cathedral City 3, Coachella 1, Corona 4, Desert Hot Springs 1, Hemet 6, Jurupa Valley 1, La Quinta 1, Lake Elsinore 3, Murrieta 1, Palm Desert 4, Palm Springs 6, Perris 4, Riverside 18, San Jacinto 1, Temecula 7, Wildomar 1

February 2017 Riverside County Small Businesses Sold By City - Most Sales:

Riverside18
Temecula7
Palm Springs6
Hemet6
Palm Desert4
Corona4
Perris4
Blythe3
Lake Elsinore3
Cathedral City3

Percentage Decrease From Last Month: Down 1.5%

Percentage Increase From This Time Last Year: Up 18.2%

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

January 2017:   66
December 2016:   76
November 2016:   68
October 2016:   83
September 2016:   58
August 2016:   112

Last Year's 2016 Total Small Businesses Sold For Riverside County: 847

Total February 2017 Small Businesses Sold For All Of California: 1,373

Some Key Econonomic & Geographic Information That Affected Sales Of Riverside County & California Small Businesses For February 2017:

  •  Consumer (Business Buyer) Sentiment - Up - More Likely To Buy A Business
  •  Corporate Employment Was Up - Less People Looking To Buy A Business
  •  Holiday Or Event - Presidents Weekend - More Consumers Traveling
  •  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
  •  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 Riverside County go to: Riverside County Businesses Sold Stats

To view all current Riverside County small businesses for sale & businesses wanted to buy requests go to: Riverside 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. Independent Or Branded Gas Stations
3. Card Automated Laundries
4. Liquor Stores
5. Branded Gas Stations With Real Estate
6. Absentee Run Businesses
7. Pre Schools
8. Postal/Mail Box Stores
9. Home-Based Businesses
10. Elderly Care Homes
11. eCommerce Websites
12. Subway Franchises
13. Fast Food Franchise Restaurants
14. Coffee, Espresso Shops
15. Convenience Stores
16. Medical Marijuana Dispensaries
17. For Sale By Owner - FSBO
18. Smog Test Shops
19. Smoke & Vape Shops
20. Garage Door Repair & Services

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 Riverside 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.

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.

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.

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.

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.

William Park, Business Broker - Southern California

Highest Volume Broker in California, Simply Check our HUNDREDS of Listings! Over 25 Associates, Speaking Dozen Languages, Helping Buyers and Sellers of Small Business since 1982, Centrally Located between Los Angeles and Orange Counties, while Riverside & San Bernardino Counties are Very Accessible.

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.


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

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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.

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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.

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