Business for Sale News & Resources
Sales of Small California Businesses Down 34%
The 14,277 count of small and mid-sized businesses sold in the state last year represents a 34% decline from 21,689 sales recorded in 2008, and the total of last month’s transactions, 1,193, also shows a 34% drop when compared to the 1,804 closed escrows in December 2008.
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New Blog Post Details Five Risks With A Gas Station Buy
Reasons to buy gas station business opportunities include the success of the industry regardless of economic conditions, and the manageability of companies in this sector. full story ››
Studies Predict High Volume of Small Business Sales
According to the Small Business Administration, there are more than 26 million businesses in the U.S. that employ fewer than 20 people, and many of those companies are run by Baby Boomers. With more than 3.2 million owners already in their 60s, many might be looking toward retirement. full story ››
RESOURCES
5 Keys to Selling Your Business
Only a year or two ago an emerging growth or middle-market company (revenues from a few million to several hundred million dollars) had a good chance of being sold if it was reasonably well run. With private equity flowing, plenty of debt and liquidity, and strategic buyers growing valuations were up and it was a seller’s market.
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Common Buyer Questions
An existing business has a track record. The failure rate in small business is largely in the start-up phase. The existing business has demonstrated that there is a need for that product or service in a particular locale. Financial records are available along with other information on the business. Most sellers will stay and train a new owner and most will also supply financing. Finding someone who will teach you the intricacies of running a business and who is also willing to finance the sale can make all the difference. full story ››
The Details Can Help Get a Business Sold
Selling a business can be an overwhelming task for a business owner, especially in today’s economy. However, the California Association of Business Brokers, a non-profit trade organization, says that selling a business – and getting a reasonable price for it – can happen. It’s all in the details. full story ››
Successful Efforts to Purchase a Business In California
The increase in the number of people able to successfully purchase a business in California last month, compared to February 2009, is seen as a positive sign for the economy, according to the head of the state’s leading online business marketplace. full story ››
