Business For Sale Stats- 396 California Small Businesses and Franchises Were Sold Last Week
Released on = December 19, 2005, 8:59 am
Press Release Author = Peter Siegel / Biz Ben
Industry = Financial
Press Release Summary = 396 California businesses and franchises were sold last week, signifying a continued trend of increasing small business transactions fueled by aggressive lending and the quickly approaching holiday season.
Press Release Body = USABizMart Weblog -- 396 California businesses were sold by business owners, business brokers, & real estate agents for the week of December 5, 2005 thru December 11, 2005. In Northern California Santa Clara County led business sales with a total of 23 transactions. In Southern California Los Angeles County led with 109 transactions.
Sales of California businesses during this time period by County include: County: 3, Alameda County: 22, Contra Costa County: 19, Fresno County: 13, Imperial County: 1, Kern County: 3, Los Angeles County: 109, Marin County: 1, Orange County: 53, Placer County: 4, Riverside County: 25, Sacramento County: 16, San Bernardino County: 8, San Diego County: 20, San Francisco County: 18, San Joaquin County: 18, San Luis Obispo County: 2, San Mateo County: 9, Santa Barbara County: 7, Santa Clara County: 23, Santa Cruz County: 4, Shasta County: 2, Siskiyou County: 1, Solano County: 3, Sonoma County: 4, Stanislaus County: 6, Yolo County: 2.
According to Peter Siegel, founder of BizBen.com \"Sales of small businesses throughout California continue to increase as the fourth quarter comes to a close. This is normal for this time of year since most parties in transactions of small business sales want to wrap up loose ends before the end of the year, especially before the Holiday season gets into full swing.\" Sales of gas stations, restaurants, and service based businesses tend to be trending higher right now. \"Also SBA loans for financing small business purchases is seeing an unusually high level of activity right now, possible due to lenders more aggressive underwriting before year end.\"
For current and past small business sold statistics throughout California go to http://www.BizBen.com/stats.php?pr
Web Site = http://www.bizben.com
Contact Details = Peter Siegel, MBA BizBen.com 800-572-7260 info@bizben.com