El Car Wash Announces New Florida Acquisitions
The battle for dominance in the premium car wash arena just got a little hotter this month with more high profile car wash M&A activity.
Miami-based El Car Wash just announced two new car wash acquisitions that will expand the company’s shiny Graphene X + Ceramic coated footprint to Central and Southwest Florida.
El Car Wash, the official car wash of the Miami HEAT and Florida Panthers, announced two acquisitions last week: Sweetwater Car Wash in the Doctor Philips neighborhood of Orlando and Suncoast Express Car Wash in Ft. Myers.
El Car Wash Eyes Central Florida Expansion
The Sweetwater Car Wash acquisition in Doctor Phillips became official on February 21st when El Car Wash assumed ownership of the 16-year old Sweetwater facility which was founded in 2008 by entrepreneurs Alan Schneider and Eddie Moy.
Sweetwater continues to operate its other 4 Central Florida locations in Apopka, Millenia, The Villages and Windermere. Meanwhile, El Car Wash has its sights firmly set on more Central Florida car wash M&A activity.
“This strategic expansion signifies El Car Wash’s growing presence in Central Florida with the Sweetwater Dr. Phillips acquisition paving the way for additional sites in 2024, including Altamonte Springs, Boggy Creek, Davenport, Lake Nona, Merritt Island, and Rockledge,” according to the recent press release.
El Car Wash Expands Southwest Florida Portfolio
El Car Wash’s acquisition of Suncoast Express Car Wash in Fort Myers marks the company’s third location in Southwest Florida following previous openings on Immokalee Road in Naples and Ben Hill Griffin Parkway in Fort Myers.
Earlier this year, El Car Wash opened the largest car wash in South Florida: a 7,000-square-foot facility in Doral which also serves as the company’s corporate headquarters. El Car Wash is approaching 80 locations that are either active or under development.
Caliber Car Wash Expands To Over 50 Locations
Atlanta-based Caliber Car Wash is also expanding rapidly in 2024 with over 50 active locations and over 100 announced locations.
Privately-owned Caliber is close to cracking the ranking of the Top 20 Largest Conveyorized Car Washes in the United States. Currently at #22, according to DRB, another 100 locations would put Caliber in the Top 10 nationwide.
Caliber recently opened its newest Florida location on US1 in Vero Beach, and the company will be opening new car washes in Daytona Beach, Hobe Sound, Palm Bay and two additional locations in Orlando on Narcoossee Road and Goldenrod Road.
Caliber Car Wash opened its first car wash in Ocala, Florida, and has since expanded throughout Florida, Georgia, North Carolina, Alabama, and Texas.
Summit Wash Holdings Doubles Location Count
Another Florida conveyorized wash player, Palm Beach Gardens-based Summit Wash Holdings, recently announced that the company almost doubled its number of car washes last year.
Summit opened 17 new car washes in the second half of 2023 including the most recent locations in DeLand and Connecticut where Summit has its northern headquarters. Summit operates facilities under both the Waters’ CarWash and Russell Speeder’s brands.
In 2023, Summit opened a total of 24 locations: 4 in Nebraska, 13 in Florida, and 7 in Connecticut. This wave of openings almost doubled Summit’s number of active care wash locations to 52.
“We are thrilled to recognize Summit Wash Holdings’ remarkable journey of growth over the last year. This milestone not only reflects our unwavering commitment to excellence, but also underscores the collective dedication of our team,” said Ray Underwood, chief development officer for Summit Wash Holdings
Mammoth Expands Busy Bee Car Wash In South Florida
In July 2024, Dallas-based Mammoth Holdings announced the Grand Opening of their newest Busy Bee Car Wash in Kendall, Florida.
The new Kendall location becomes the fourth Busy Bee Car Wash in South Florida following other grand openings in Miami on Biscayne Boulevard, Bird Road and US1 in South Dade.
In the official press release, Mammoth Holdings Chrairman and CEO Dave Hoffmann shed some light on the company’s growth plans nationwide.
“We are thrilled to bring the best quality car wash to the customers of Kendall with state-of-the-art technology and top-notch customer service. Mammoth continues to build momentum of reaching 500 sites across the country with this latest opening.” – Dave Hoffmann
Founded by industry insiders, Mammoth Holdings currently operates over 140 locations nationwide under a multi-brand portfolio which includes Busy Bee, Coastal Carwash, Finish Line Car Wash, Galaxies Express Car Wash and 17 other brands.
Contact CII Today
If you own an established car wash business and would like to get a better understanding of the current market value of your company and important steps you can take today to maximize that value, get in touch with a CII business advisor today.