Contra Costa County Small Business For Sale Stats 5 Business Opportunities Were Sold Last Week

Released on = January 25, 2006, 12:30 pm

Press Release Author = Peter Siegel / Business Exchange Network

Industry = Small Business

Press Release Summary = Contra Costa County, California. 5 Contra Costa 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 = Contra Costa County, California. 5 Contra Costa 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 Contra Costa County businesses during this time period by City include:
Concord: 3. Pinole: 2.

This Week\'s BizBen.com Tip For Successfully SELLING A Contra Costa 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 Contra Costa County Business:
Make An Offer If You Like A Business
Too many buyers are timid when buying a business and not willing to \"pull the
trigger\" and sign a purchase agreement to start the process of buying a business.
Remember sign a purchase agreement there will be a Due Diligence period with
contingencies that will have to be met before the deal is closed. If those
contingencies are not met or the books and records are not exactly as represented
you are in most instances able to pull out of the deal - make sure you have all
contracts/agreements reviewed by an attorney before signing.


For all ACTIVE businesses for sale in Contra Costa County go to:
www.BizBen.com/listings/contra-costa-county.php

For a complete list of professional business brokers and agents in Contra Costa
County go to:
www.BizBen.com/brokers/contra-costa-county.php

For a list of resources for buying and selling businesses in Contra Costa County go to:
www.BizBen.com/resources/contra-costa-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

  • Printer Friendly Format
  • Back to previous page...
  • Back to home page...
  • Submit your press releases...
  •