SOURCE: BizBen.com

BizBen.com California Businesses For Sale

March 09, 2011 15:43 ET

BizBen.com Index: California Small Businesses for Sale Sold Last Month Tops Prior February

DUBLIN, CA--(Marketwire - March 9, 2011) - With a count of 1,193 sales of small businesses for sale in California, the rate at which companies changed hands last month rose 19% compared to February 2010, when 1,002 deals were recorded, it was announced by the BizBen.com Index.

Many of the state's large counties recorded increases in sales in the just-completed month compared with last February. Los Angeles County saw growth from 268 deals in February 2010 to the 285 sales last month. Orange County saw an increase to 103 sales from the 94 completed transactions, and San Diego County's sales total was up from 100 to 112 deals. Some 51 San Francisco businesses closed escrow last month, vs. the 42 deals completed in the previous February by business brokers and owners.

Adding to predictions of a more robust market in the months ahead, according to Siegel, is the "growing demand for businesses to buy. Much of that is coming from people who are unemployed and see business ownership as a better alternative than slugging it out in the job market.

The February sales totals, by county, listed on the BizBen.com Index at http://www.bizben.com/stats/stats-monthly-feb.php, are as follows:

Alameda: 74, Amador: 2, Butte: 4, Contra Costa: 35, El Dorado: 16, Fresno: 25, Imperial: 5, Inyo: 1, Kern: 25, Kings: 4, Lake: 3, Lassen: 1, Los Angeles: 285, Madera: 1, Marin: 6, Mendocino: 12, Merced: 6, Monterey: 15, Napa: 2, Orange: 103, Placer: 16, Plumas: 3, Riverside: 68, Sacramento: 41, San Bernardino: 35, San Diego: 112, San Francisco: 51, San Joaquin: 22, San Luis Obispo: 8, San Mateo: 15, Santa Barbara: 20, Santa Clara: 57, Santa Cruz: 2, Shasta: 12, Solano: 9, Sonoma: 36, Stanislaus: 7, Sutter: 6, Tehama: 1, Trinity: 1, Tulare: 24, Ventura: 20, Yolo: 2

For complete small business for sale sold statistics on any California County please phone Peter Siegel direct at 866-270-6278 for a complete report of small businesses sold by city within that particular county.

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Contact Information

  • For More Information Contact:
    Peter Siegel, MBA
    Phone: 866-270-6278