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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
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.

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.

Chris Seaman, Business Broker - San Diego County Area

Founded in 1994, First Choice Business Brokers has accelerated to become one of the most successful Business Sales Organizations in the world. Our team of agents have gone through extensive training to become experts in the field of business brokerage. Call Chris at 858-578-4111 for more info.

Peter Siegel, MBA - SBA Loans, Non SBA Financing Assistance

For over 25 years I have provided niche business purchase financial advisory and loan placement services with SBA and Non-SBA Loans, Retirement Plan Conversions, Private Investors, etc. Financing amounts available: $20K to $7MM. Call today to get pre-qualified or receive financing: 866-270-6278.

Lee Petsas, Business Broker - Orange, San Diego Counties, Inland Empire

UBI Business Brokers has been successfully selling businesses in Southern California since 1965. Our Agents have over 100 years of experience in selling small to medium size businesses throughout Southern California. We service Orange County, Inland Empire, San Diego. Phone Lee at 714-363-0440.

George Lanza, Business Broker, At Plethora Business Sales

Plethora Businesses, a division of A Premier In Services, Inc., is a Business Intermediary Consulting Firm headquartered in Orange, California. Plethora specializes in the listing and sale of small and medium sized private businesses.


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