Bay Area Transfer Almanac

Numbers

How many shops someone else can run, by county and industry — for anyone who needs a defensible local figure.

Employer firms by county and age (BDS 2023)

These counts are observed. Coarse firm age exists at county level. “11+” plus firms founded before 1977 is the established stock; a California fine-age mix says ~75% of that stock is 16+ years old.

CountyEmployer firmsShare 11+11+ plus oldEst. 16+ firms
Santa Clara36,60842.4%17,59613,200
Alameda32,19941.1%15,52611,700
San Francisco25,74640.9%12,3449,300
Contra Costa19,48541.3%9,4057,100
San Mateo16,76643.4%8,5256,400
Sonoma11,53045.5%6,0944,600
Marin8,00146.4%4,2633,200
Solano6,01142.1%3,1332,400
Napa3,76146.0%2,0771,600
9-county160,10778,963~59,000

North Bay firms are older (Marin / Napa / Sonoma are 45–46% 11+). The South and East Bay have the count. Project Equity’s 77,398 boomer-owned figure is 48% of this firm stock — internally consistent with “half of privately held employer firms.”

How the next tables are estimated: firm counts above are observed (Census BDS 2023, CBP 2022). Age and independence filters are applied rates, not observed local microdata: age rates from U.S. BDS 2023 16+ shares (including firms founded before 1977); independence rates are assumptions (construction 95%, other services 90%, food 75%, retail 60%, and so on). Treat county totals as ±30%. “Main Street” = construction, retail, food/accommodation, other services, health, admin/waste, wholesale, manufacturing.

Size: most locations are too small to sell

CBP 2022, all industries, nine counties: 55.3% of establishments have under 5 employees (115,240 of 208,515). That is where “the business is the owner” lives. The 5–49 band holds 81,536 establishments (39.1%); 10–99 holds 50,865 (24.4%).

Shops someone else can run — Main Street, 5–49 employees, 16+, independent

CountyMain Street 5–49After 16+ rateAfter independence+ remaining professional 5–49
Santa Clara13,3604,9603,9004,440
Alameda12,1364,6103,6304,050
San Francisco7,9182,8302,2002,710
Contra Costa7,0982,6102,0502,260
San Mateo5,8212,1401,6801,900
Sonoma4,7761,8201,4501,550
Solano2,608970760800
Marin2,370870690780
Napa1,446570450480
9-county57,53321,40016,80019,000

Santa Clara + Alameda are 45% of the core stock. Add Contra Costa and you have the East Bay / South Bay majority. A tighter, more financeable band — Main Street 10–99 employees, same filters — is ~36,100 establishments and ~10,300 transferable.

By industry — where the stock actually sits

Industry5–49 est.16+ share (US)Est. transferableWhy it matters
Health10,89738%3,300License transfer, payer mix, owner-clinician risk
Food / accommodation13,93426%2,740Youngest sector; the lease is the deal; franchise noise
Other services6,04248%2,590Oldest Main Street sector; tacit knowledge is the asset
Construction6,46236%2,220License, bonded jobs, crew, trucks, pipeline
Retail9,52337%2,140Inventory + lease; more chains to strip out
Manufacturing3,36354%1,540Oldest industrial; equipment + customers
Wholesale3,57050%1,420Customer concentration, supplier terms
Admin / waste3,74233%860Mix of janitorial routes and real firms
Professional (secondary)9,40533%~2,200Book of business; non-solicit; who owns the clients

Food looks biggest before filters and is not. It has the most 5–49 locations but the youngest firms (only 26% are 16+) and the most franchise contamination. Other services is the opposite: fewer shops, much older, almost all independent. Construction is the cleanest vertical for a structured file: 95% independent, license-shaped, SBA-familiar, concentrated in Santa Clara / Alameda / Contra Costa / Sonoma.

A local proof point

Santa Clara city (not county), per Project Equity (2021): 1,138 businesses 20+ years old, generating $6.2B — 57% of the city’s small-business revenue — and employing 1 in 3 local workers. Once you leave the campus employers, age is the economic base of that city.

Sources

U.S. Census CBP 2022 (county × NAICS × employment size); U.S. Census BDS 2023 (county firm age; California fine age; U.S. firm age by sector); Project Equity Bay Area report (2023), East Bay note (2023), Santa Clara city fact sheet (2021). Independence rates are stated assumptions. Compiled 2026-08-15.