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Written by / Agency / Source: California Businesses For Sale (BizBEN)

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California Business Brokers & Small Business Owners Sold 35 Orange County Businesses - Orange County, CA. 35 Orange County business sales were recorded from small business owners, business brokers, & real estate agents throughout all of California for the week of Jan 9, thru Jan 15, 2006
California Business Brokers & Small Business Owners Sold 35 Orange County Businesses

 

NewswireToday - /newswire/ - San Ramon, CA, United States, 2006/01/18 - Orange County, CA. 35 Orange County business sales were recorded from small business owners, business brokers, & real estate agents throughout all of California for the week of Jan 9, thru Jan 15, 2006.

   
 
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Sales of small and mid-sized businesses this past week picked up after the sluggish period at the end of last year. Recorded sales should start increasing over the next several weeks due to business brokers and owners getting back to work.

Sales of Orange County businesses during this time period by City include: Anaheim: 3. Brea: 2. Buena Park: 1. Costa Mesa: 1. Cypress: 1. El Toro: 1. Fountain Valley: 2. Fullerton: 4. Garden Grove: 3. Huntington Beach: 2. Irvine: 1. Laguna Beach: 1. Laguna Hills: 2. Mission Viejo: 2. Newport Beach: 1. Newport Coast: 1. Orange: 1. Santa Ana: 4. Tustin: 1. Westminster: 1.

This Week's BizBen.com Tip For Successfully SELLING A Orange County Business:
Have All Records Ready Before You Go To Market!

Have these items ready before the business goes on the market to be sold: The last 3 years of federal tax returns for the business being sold, the last 3 years of financials (profit & loss statement, balance sheet), the last 3 years of monthly bank statements, copy of current lease, list of all equipment being sold with the business, etc - many parties during the selling process will need this info - serious business buyers, your landlord for a new lease for the new buyer, lenders (for a possible loan/financing for the buyer, note buyback firm (in case you want to sell the note for cash after the business sells). Also make sure you know what the correct Adjusted Net income has been for the last 3 years. Serious business buyers will want to know this. Adjusted Net income is: Net Income + Owners Salary + Depreciation + Interest Expenses + Other Business Expenses Written Off (Deducted) That May Not Necessarily Be Business Expenses To The New Owner Of The Business.

This Week's BizBen.com Tip For Successfully BUYING A Orange County Business:
Know Where The Down Payment Money Will Come From Money for a down payment can come from many different sources. The first is cash on hand in savings. Second is pulling equity out of your home. Third is from your retirement funds. Knowing where and what you are willing to do upfront will save you a lot of time in the search process.

Peter Siegel, MBA the founder of both BizBen.com and USABizMart.com has been keeping stats of California business sales for over 7 years. Mr. Siegel has written 3 books on the topic of selling and buying businesses and is the author of a highly visited blog on this topic. Mr. Siegel also writes a daily blog on the topic of selling and buying businesses at USABizMart.com/blog. Established over 10 years BizBen.com / California Businesses For Sale is the largest "clearinghouse" of businesses for sale in all counties of California. On average over 80 new California small to mid-sized businesses for sale are listed daily on their website.

 
 
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Written by / Agency / Source: California Businesses For Sale (BizBEN)

 
 

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California Business Brokers & Small Business Owners Sold 35 Orange County Businesses

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Publisher Contact: Peter Siegel - BizBen.com 
925-830-3447 infoforpeter[.]bizben.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any California Businesses For Sale (BizBEN) securities in any jurisdiction including any other companies listed or named in this release.

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