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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
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.

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.

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.

Joe Sandbank, Esq. - Legal Services

I have provided legal counsel to business buyers, sellers and brokers for over 17 years. With prior experience as a business broker and SBA loan officer, Joe brings both a practical and legal approach to all aspects of the business acquisition process.

Mani Singh, Business Broker, Riverside, San Bernardino Counties

I have successfully represented clients sell & acquire multitude of businesses ranging from Gas Stations, Liquor Stores, Markets, Super Markets, Smoke Shops, Postal Stores, Restaurants, General Retail, Auto and Construction related. Phone me for assistance with selling or buying at 951-296-7646 Cell

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.

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.


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Attorney Specialist Shares Escrow Instruction Tips When Buying A Business

Once you have successfully negotiated the Asset Purchase Agreement ("APA") for your acquisition it's natural to relax a little and let your guard down. Attorney Specialist Mark Chatow discusses what business buyers should look out for when opening escrow and getting escrow instruction in place.

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.

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 925-785-3118 shares his views.

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

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What Are The Pros And Cons Of Selling A Business For Sale By Owner?

What are the Pros & Cons of selling a business yourself? Joe Ranieri (Orange County Business Broker at 714-292-5448) discusses all the angles of business owners taking the initiative and selling their own business. He covers: commissions, flexibility factors, control, exposure, and confidentiality.

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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