Posted : Friday, March 01, 2024 01:25 AM
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Established Car Business in Modesto for sale
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 for price if interested
• Phone : NA
• Location : Modesto,CA
• Post ID: 9011619374
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