Released on = January 25, 2006, 1:28 pm

Press Release Author = Peter Siegel / Business Exchange Network

Industry = Small Business

Press Release Summary = San Mateo County, California. 16 San Mateo County business
opportunity sales were recorded from small business owners, business brokers, &
commercial and residentail real estate agents throughout all of California for the
week of January 16, 2006 thru January 22, 2006. We are seeing more businesses being
put on the market this past week and a few more escrow closings than in the past.


Press Release Body = San Mateo County, California. 16 San Mateo County business
opportunity sales were recorded from small business owners, business brokers, &
commercial and residentail real estate agents throughout all of California for the
week of January 16, 2006 thru January 22, 2006. We are seeing more businesses being
put on the market this past week and a few more escrow closings than in the past.

Sales of San Mateo County businesses during this time period by City include:
Belmont: 1. Colima: 1. Daly City: 2. El Granada: 1. Half Moon Bay: 1. Menlo Park: 4.
Pacifica: 1. Redwood City: 2. San Mateo: 3.

This Week\'s BizBen.com Tip For Successfully SELLING A San Mateo 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 San Mateo County Business:
Know How Much Money You Are Willing To Put Down
When buying a business you need to know how much money you are willing to spend on a
down payment for a business. Most of the time you will be putting down 20-100% down
to buy a California business. Depending on the amount of money your willing to put
down determines the size of business you are able to purchase.


For all ACTIVE businesses for sale in San Mateo County go to:
www.BizBen.com/listings/san-mateo-county.php

For a complete list of professional business brokers and agents in San Mateo County
go to:
www.BizBen.com/brokers/san-mateo-county.php

For a list of resources for buying and selling businesses in San Mateo County go to:
www.BizBen.com/resources/san-mateo-county.php

For all workshops this month on the topic of selling and buying a business go to:
www.BizBen.com/workshops

Blog on buying and selling businesses - see the latest topics, events, & info at:
www.USABizMart.com/blog


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 www.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 at www.BizBen.com.

Contact Information:

BizBen.com
800-572-7260
http://www.BizBen.com



Web Site = http://www.bizben.com

Contact Details = Business Exchange Network
9110 B Alcosta Blvd, #238
San Ramon, CA 94583
925-830-3447
dataforpeter@hotmail.com