San Ramon, CA (PRWEB) April 29, 2004
Business Brokers & Small Business Owners In Northern & Southern California Sell A Record 373 Small Businesses During This Past Week - April 19, 2004 thru April 25, 2004.
Sales of California small businesses, franchises, and business opportunities during this time period by County include: Alameda County: 26, Fresno County: 35, Kern County: 6, Los Angeles County: 92, Marin County: 4, Merced County: 6, Orange County: 74, Placer County: 2, Riverside County: 22, Sacramento County: 8, San Bernardino County: 32, San Diego County: 16, San Joaquin County: 8, San Luis Obispo County: 8, San Mateo County: 10, Santa Barbara County: 2, Santa Clara County: 4, Solano County: 8, Sonoma County: 4, Stanislaus County: 4, Ventura County: 2.
This Week's bizben.com Tip For Successfully SELLING A California 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.
Established over 10 years California Businesses For Sale is the largest "clearinghouse" of businesses for sale in California. On average over 80 new California businesses for sale are listed daily on their website at http://www.bizben.com.
California Businesses For Sale
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