Released on = January 31, 2006, 10:48 am

Press Release Author = Peter Siegel / Business Exchange Network

Industry = Small Business

Press Release Summary = Riverside County, California. 32 Riverside 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 23, 2006 thru January 29, 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 = Riverside County, California. 32 Riverside 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 23, 2006 thru January 29, 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 Riverside County businesses during this time period by City include:
Banning: 1. Blythe: 1. Cathedral City: 1. Corona: 3. Lake Elsinore: 3. Moreno
Valley: 1. Murrieta: 1. Palm Desert: 2. Palm Springs: 4. Rancho Mirage: 2.
Riverside: 12. Temecula: 1.

This Week\'s BizBen.com Tip For Successfully SELLING A Riverside 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 Riverside County Business:
Get Pre Qualified For Financing - Leverage That Purchase
Getting Pre-Qualified for financing by lenders if very important since many
businesses want all cash for their business. With financing you only have to put
down 20%-30% and you can get financing for the rest of the purchase. You will need
to submit basic financial info to these lenders and in most cases depending on the
size and type of businesses you are looking to purchase they can tell you if you
would be able to get a loan from their company. To get pre-qualified and for more
information about SBA loan financing go to: www.BizBuyFinancing.com


For all ACTIVE businesses for sale in Riverside County go to:
www.BizBen.com/listings/riverside-county.php

For a complete list of professional business brokers and agents in Riverside County
go to:
www.BizBen.com/brokers/riverside-county.php

For a list of resources for buying and selling businesses in Riverside County go to:
www.BizBen.com/resources/riverside-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