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Transactions For California Business For Sale Offerings Rising In 2014, According to BizBen Index


 
PRLog - Aug. 7, 2014 - DUBLIN, Calif. -- California’s business for sale market posted 8,752 completed deals this year, through the end of last month, an increase of about 4.28% compared to the 8,393 transactions involving small and mid-sized businesses over the first seven months of 2013, it was announced by the BizBen Index monthly sales report. The company noted the growth in business sales this year slowed in July when the monthly deal count declined slightly to 1,306 from 1,327 transactions posted for July 2013.

“Overall, the market is in recovery as business purchase financing becomes more readily available and buyers and sellers become more optimistic about prospects for the economy,” said Peter Siegel, MBA, Founder and President of BizBen.com, parent of the BizBen Index. “The growth in the rate of small business transfers is mirroring broad trends in the jobs rate, home sales and other economic indices.” Siegel noted “the recovery is taking its time and is not consistent throughout the state.”

Among the state’s large counties showing increased business sales so far this year compared to last year are Contra Costa with 244 compared to 218; Kern, 209 vs. 179; Los Angeles, 2,357 vs. 2312; Sacramento, 331 vs. 271; and Santa Clara with 431 vs. 397.

Large counties showing year-to-date declines compared to last year at this time are Alameda at 355 compared to 399 last year; Fresno, 208 vs. 222; Orange, 889 vs. 916; Riverside, 374 vs. 420; San Bernardino, 372 vs. 417; San Diego, 766 vs. 776; San Francisco, 299 vs. 346; and Santa Barbara, 97 vs. 116.

July sales totals, by county, available at http://www.bizben.com/stats/stats-monthly-jul.php are as follows:

Alameda: 37, Amador: 3, Butte: 4, Calaveras: 1, Contra Costa: 24, El Dorado: 4, Fresno: 36, Humboldt: 3, Imperial: 1,Kern: 26, Lassen: 1, Los Angeles: 373, Madera: 3, Mendocino: 4,Merced: 1, Monterey: 20,Nevada: 3, Orange: 155, Placer: 10, Plumas: 1,Riverside: 66,Sacramento: 48, San Bernardino: 67, San Diego: 122, San Francisco: 19, San Joaquin: 16, San Luis Obispo: 12, San Mateo: 9, Santa Barbara: 15, Santa Clara: 65, Santa Cruz: 3, Shasta: 5, Solano: 13, Sonoma: 29, Stanislaus: 30, Sutter: 9, Tehama: 3, Tulare: 14, Ventura: 41, Yolo: 7, Yuba: 3

Sales totals posted by California county over the last ten years are available at: http://www.bizben.com/stats/stats-total.php

The BizBen Index has been collecting and reporting information about small California business sales for 16 years, to help business owners/sellers, buyers and the professionals participating in this market make informed choices and achieve success. The company recently launched the BizBen Network, the first nation-wide social network-powered Internet marketplace for small businesses. It is designed to provide a new level of support, with community-building interactive tools for buyers, sellers and professionals throughout the country engaged in small business transfers.

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For More Information:

Contact: Peter Siegel

Phone: 866-270-6278 (tel:866-270-6278)

Twitter: https://twitter.com/BizBenInfo

Facebook: https://www.facebook.com/pages/BizBen/92902823120

Google+: https://plusgoogle.com/u/0/107792038677882046286/posts

Contact
Peter Siegel
***@bizben.com

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Source:BizBen.com
Location:Dublin - California - United States
Industry:Business, Real Estate
Tags:Business, Small Business, entrepreneur, Entrepreneurship, Real Estate
Shortcut:prlog.org/12357318
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