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

Total sales of Riverside County small businesses sold were down 22.6% from last month and down 28.4% from the same time last year in Riverside County.

September 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 September 2018 Riverside County Small Businesses Sold: 48

September 2018 Riverside County Small Businesses Sold By City: Bermuda Dunes 1, Cathedral City 1, Coachella 1, Corona 6, Desert Hot Springs 3, Eastvale 1, Hemet 3, Idyllwild 1, Indio 3, La Quinta 4, Menifee 1, Murrieta 1, North Palm Springs 1, Palm Desert 4, Palm Springs 3, Riverside 3, San Jacinto 3, Temecula 6, Thousand Palms 1, Yucaipa 1

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

Corona6
Temecula6
Palm Desert4
La Quinta4
San Jacinto3
Desert Hot Springs3
Riverside3
Palm Springs3
Indio3
Hemet3

Percentage Decrease From Last Month: Down 22.6%

Percentage Decrease From This Time Last Year: Down 28.4%

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

August 2018:   62
July 2018:   74
June 2018:   93
May 2018:   45
April 2018:   66
March 2018:   42

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

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

Some Key Econonomic & Geographic Information That Affected Sales Of Riverside 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 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. 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 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.

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.

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

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.

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.

Rick Carlson, Business Broker - Southern California

You Will Never Feel Lost In The Shuffle. Many Brokers Simply Send Out An NDA And That's The End Of Communication. All Buyers Receive A Personal Meeting With An Ace Acquisition Specialist So They Can Recommend The Perfect Business For You. Phone Rick direct at 800-985-4939.


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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.

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

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Ever wonder what is involved in obtaining business purchase financing to buy a business or franchise? Peter Siegel, MBA who has over 20 years advising and obtaining all types of financing for business buyers in this video/podcast - SBA loans, Non-SBA Financing, Alternative Financing Sources.

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.

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.

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.

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

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