Car Wash Sales and Advisory is delighted to offer for sale "Bribie Car Wash" business in Bongaree (Bribie Island), Queensland for $835,000.

Bribie Car Wash is well exposed with direct frontage to First Avenue and situated between the main retail precinct of Bongaree and the coastal residential area of Woorim, on Bribie Island. The car wash catchment is further supported to the northern side of the main retail precinct by additional residential communities of Bellara, Banksia Beach and White Patch. Built in 2021 and with no obvious immediate capital expenditure required, the car wash provides a strong foundation for growth for any potential incoming owner.

The car wash benefits from the following investment features:

24/7 operation

No other car wash on Bribie Island with approximately 21,000 residents

Modern equipment

Long term lease

Approximately 14,500 vehicles within the catchment

New business still in growth phase

Lease Particulars - Car Wash

Lease Term - 10 years from 1 July 2022

Options: 4 x 5 years

Outgoings: Payable by the tenant

Current Rent: $72,100 pa net

Reviews: 3%

Security: Three (3) months rent plus GST

A brief summary of the equipment on site is provided below:

2 x Gin San self serve bays

1 x Istobel Tracer In Bay Automatic

1 x Tru Blue K9000 Dog Wash

2 x Gin San Vacuums

2 x Vending Machines

6 x Nayax credit card terminals

For further details, please contact the CWSA team