California's Most Popular Businesses for Sale

California plays a large part in the health of small business on a national level. The state is home to 3.7 million small businesses, or 13 percent of all small businesses in the U.S., according to the Small Business Administration. Those small businesses employ 6.7 million people, which make up almost half of all California employees.

In 2016, at least 16,858 businesses were sold in California, and as of April 2017, 5,594 small businesses have been sold year-to-date. Here’s a look at the most popular business industries sought, according to The BizBen Index:

  1. Car Washes
  2. Automated Laundries
  3. Branded Gas Stations
  4. FBSO’s – For Sale By Owner
  5. Smog Test Shops
  6. Liquor Stores
  7. Tire Stores
  8. Full Service Restaurants
  9. Businesses With Real Estate
  10. Medical Marijuana Dispensaries
  11. eCommerce Websites
  12. Fast Food Franchise Restaurants
  13. Manufacturing Businesses
  14. Smoke & Vape Shops
  15. Convenience Stores
  16. Medical Marijuana Dispensaries
  17. Boba Shops
  18. Pizza Restaurants
  19. Relocatable Businesses
  20.  Postal/Mail Box Stores

California also happens to be a popular state for 401(k) business financing, which allows entrepreneurs to use their retirement funds to buy a business without any tax penalties.

Want to Use ROBS to Start a Business?

Our step-by-step Guide to Rollovers for Business Startups is a complete handbook of everything you need to know about using ROBS to start or buy a small business or franchise.

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