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BizBen Releases: Riverside County Businesses Sold Stats - 7/18

Total sales of Riverside County small businesses sold were down 20.4% from last month and up 57.4% from the same time last year in Riverside County.

July 2018 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 July 2018 Riverside County Small Businesses Sold: 74

July 2018 Riverside County Small Businesses Sold By City: Beaumont 1, Blythe 1, Canyon Lake 1, Corona 4, Desert Hot Springs 1, Garden Grove 1, Indio 3, Jurupa Valley 1, La Quinta 1, Lake Elsinore 4, Moreno Valley 6, Murrieta 4, Nuevo 1, Palm Desert 4, Palm Springs 6, Perris 3, Rancho Mirage 3, Riverside 18, Sun City 1, Temecula 6, Thousand Palms 3, Wildomar 1

July 2018 Riverside County Small Businesses Sold By City - Most Sales:

Riverside18
Temecula6
Palm Springs6
Moreno Valley6
Palm Desert4
Corona4
Murrieta4
Lake Elsinore4
Perris3
Indio3

Percentage Decrease From Last Month: Down 20.4%

Percentage Increase From This Time Last Year: Up 57.4%

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

June 2018:   93
May 2018:   45
April 2018:   66
March 2018:   42
February 2018:   69
January 2018:   69

Last Year's 2017 Total Small Businesses Sold For Riverside County: 812

Total July 2018 Small Businesses Sold For All Of California: 1,340

Some Key Econonomic & Geographic Information That Affected Sales Of Riverside County & California Small Businesses For July 2018:

  •  Consumer (Business Buyer) Sentiment - Up - More Likely To Buy A Business
  •  Corporate Employment Was Up - Less People Looking To Buy A Business
  •  Home Prices Moving Down - Less Access To Real Estate 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. Gas Stations
3. Card & Coin Laundromats
4. Gas Stations
5. Liquor Stores
6. Convenience Stores
7. Pet/Dog Walking Service
8. Postal/Mail Box Stores
9. Online eCommerce
10. Hair Blow Bar Salon
11. FBSO's - For Sale By Owner
12. Fast Food Franchises
13. Salons And Spas
14. Smoke & Vape Shops
15. Vocational Schools
16. Absentee Run Businesses
17. Boba Shops
18. Pizza Restaurants
19. Adjusted Net Income Over $100K
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 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
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.

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.

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.

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.

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.


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Business Purchase Financing Help - Expert Tips For Faster SBA Loan Approvals

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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.

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.

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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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