Small Businesses For Sale Sold Transactions In California Are Up 8.5% From Last Month According To BizBen.com Index
DUBLIN, CA / AGILITYPR.NEWS / November 09, 2020 / California had a total of 727 Small Businesses sold in October 2020, an 8.5% increase from last month. Sales are down 51.3% from the same time last year in California according to the BizBen.com Index.
"Usually October sales of California small businesses outpace September but this year with the election uncertainty and the uptick in COVID-19 cases nationwide has given both owner/sellers and business buyers pause. Even though buyer demand is improving, small business sales are still staying neutral over the last several months. Hopefully with the elections over and with other economic data settling, both sellers and buyers will start to transact again throughout November," said Peter Siegel MBA, BizBen.com Founder and ProSell/ProBuy Program's Lead Advisor.
To view all small business sold statistics for all Counties and Cities in California go to:
California Small Businesses Sold Stats - BizBen.com Index
"This last month we have seen considerable activity in the deal area, particularly in the construction and health care arenas. Another important factor in deals has been the handling of PPP Loans, which so many potential Sellers have outstanding,” said Bill Ziprick, Attorney At Law, ProAdvisor On BizBen.com.
"Many of my restaurant sellers are still struggling, but are optimistic, and making a greater effort in improving their business' curb appeal, outdoor dining, and making online ordering and pickup more efficient - things buyers like to see in this market," said Joe Ranieri, Southern California Business Broker, ProIntermediary On BizBen.com.
The most popular search requests of small business types wanted by business buyers for this period were:
- Car Washes
- Laundromats
- Gas Stations
- Manufacturers
- Liquor Stores
- Convenience Stores
- Relocatable Businesses
- Postal / Shipping Stores
- Auto Repair Shops
- Businesses With Real Estate
- FSBO's - For Sale By Owner
- Fast Food Franchises
- eCommerce Companies
- Cleaning Services
- Labs, Test Services
- Absentee Run Businesses
- Boba Shops
- Pizza Restaurants
- Tire Stores
- Fast Food Restaurants
To view all current small businesses for sale and wanted businesses visit:
https://www.bizben.com/business-for-sale/bizben-search-advanced.php
About Us
The BizBen.com Index has been collecting stats and information regarding California small and mid-sized businesses sold for over 15 years. The BizBen.com Index is part of BizBen.com (established over 25 years) - which currently lists over 8,000 active California small and mid-sized businesses for sale, businesses wanted to buy, blog, discussions, podcast, and resources for buying and selling California businesses. Peter Siegel, MBA is the Founder and Director of BizBen.com and consults daily with business buyers, owner/sellers, business brokers, agents, small business advisors on the topic of buying and selling businesses throughout California. He can be reached direct at 925-785-3118.
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