The total sales of Orange County small businesses sold were up 26.6% from last month and down 32.4% from the same time last year in Orange County, California.
DUBLIN, CA, UNITED STATES, November 14, 2020 /EINPresswire.com/ — The total sales of Orange County small businesses sold were up 26.6% from last month and down 32.4% from the same time last year in Orange County, California.
"Usually October sales of California small businesses outpace September but this year with the election uncertainty and the uptick in COVID-19 cases nationwide has given both owner/sellers and business buyers pause. Even though buyer demand is improving, small business sales are still staying neutral over the last several months. Hopefully with the elections over and with other economic data settling, both sellers and buyers will start to transact again throughout November," said Peter Siegel MBA, BizBen.com Founder and ProSell/ProBuy Program's Lead Advisor.
Total October 2020 Orange County Small Businesses Sold: 100
October 2020 Orange County Small Businesses Sold By City:
Aliso Viejo 1, Anaheim 7, Brea 1, Buena Park 9, Costa Mesa 6, Dana Point 3, Fullerton 9, Garden Grove 3, Huntington Beach 10, Irvine 3, Laguna Niguel 4, Laguna Woods 1, Lake Forest 4, Newport Beach 4, Orange 9, Placentia 1, Rancho Santa Margarita 1, San Clemente 3, Santa Ana 6, Seal Beach 1, Stanton 1, Tustin 9, Westminster 1, Yorba Linda 3
October 2020 Orange County Small Businesses Sold By City – Most Sales:
Huntington Beach 10
Tustin 9
Buena Park 9
Fullerton 9
Orange 9
Anaheim 7
Costa Mesa 6
Santa Ana 6
Lake Forest 4
Laguna Niguel 4
Percentage Increase From Last Month: Up 26.6%
Percentage Decrease From This Time Last Year: Down 32.4%
Total Monthly Business For Sale Stats For Orange County – Last 6 Months:
September 2020: 79
August 2020: 85
July 2020: 101
June 2020: 56
May 2020: 54
April 2020: 38
Last Year's 2019 Total Small Businesses Sold For Orange County: 1,511
Total October 2020 Small Businesses Sold For All Of California: 727
Some Key Economic & Geographic Information That Affected Sales Of Orange County & California Small Businesses For October 2020:
– Statewide Fires/Smoke
– Small Business Closures
– Election Uncertainty
– Higher COVID-19 Spread
– Investment Uncertainty
– Cautious Buyers
– Stock Market Swings
– SBA 7a Loan Bounce Back
To view all small business sold stats for all Counties and Cities in California go to:
California Small Businesses Sold Stats – BizBen.com Index
To view all small business sold stats for all Orange County go to:
Orange County Businesses Sold Stats
To view all current Orange County small businesses for sale & businesses wanted to buy requests go to:
Orange County Small Businesses For Sale / Wanted To Buy
"Most everyone I speak with, both buyers and sellers, are happy the 2020 election will finally be over, and hopefully, the government can get its act together and deliver additional stimulus and PPP money. Many of my restaurant sellers are still struggling, but are optimistic, and making a greater effort in improving their business' curb appeal, outdoor dining, and making online ordering and pickup more efficient – things buyers like to see in this market," said Joe Ranieri, Orange County Business Broker, ProIntermediary On BizBen.com.
Most Popular Search Requests Of Small Business Types Wanted By Business Buyers For This Period:
1. Car Washes
2. Laundromats
3. Gas Stations
4. Manufacturers
5. Liquor Stores
6. Convenience Stores
7. Relocatable Businesses
8. Postal / Shipping Stores
9. Auto Repair Shops
10. Businesses With Real Estate
11. FBSO's – For Sale By Owner
12. Fast Food Franchises
13. eCommerce Companies
14. Cleaning Services
15. Labs, Test Services
16. Absentee Run Businesses
17. Boba Shops
18. Pizza Restaurants
19. Tire Stores
20. Fast Food Restaurants
About The BizBen.com Index:
The BizBen.com Index has been collecting stats and information regarding California small and mid-sized businesses sold for over 15 years. The BizBen.com Index is part of BizBen.com (established over 25 years) – which currently lists over 8,000 active California small and mid-sized businesses for sale, businesses wanted to buy, blog, discussions, podcast, and resources for buying and selling California businesses. Peter Siegel, MBA is the Founder and Director of BizBen.com and consults daily with business buyers, owner/sellers, business brokers, agents, small business advisors on the topic of buying and selling businesses throughout California. Peter Siegel, MBA can be contacted directly at 925-785-3118.
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Peter Siegel, MBA
BizBen.com
+1 925-785-3118
petersiegel@bizben.com
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