Established used car business (Modesto)

Established used car business in Modesto, Ca.
Approx.
$500K in assets, parts and inventory included in the sale.
Ready for immediate sale.
Very desirable area in one of the world's largest markets.
Detailed Information Location: Modesto, CA Inventory: Included in asking price Real Estate: Leased Building SF: 0 Lease Expiration: 12/31/2023 Employees: 1 Facilities: Lot the business is on is under Lease.
The lease can either be re-negotiated or the business can be moved to another lot either to lease or place on "owner" property.
As of 7/2023, there is over $450K in investment in current inventory regarding purchase and refurbishment of cars currently on the lot.
Competition: Business is in a prime location with established profits that were extremely high prior to the pandemic.
Business is ramping back up and needs a driven and experienced buyer either from an established lot to purchase the business and/or inventory.
Growth & Expansion: Prior to the pandemic, the business had a record of success with sales regularly near $1.
5 Million.
Financing: Negotiable Support & Training: Negotiable Reason for Selling: Personal Family Issues Franchise: This business is an established franchise contact if interested.