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El Car Wash Expands Florida Presence With Central and Southwest Florida Acquisitions

MIAMI–(BUSINESS WIRE)–El Car Wash, known for its rapid expansion and status as Florida’s premier Car Wash operator, is proud to announce the acquisition of two new locations: Sweetwater Car Wash Dr. Phillips in Orlando and Suncoast Express Car Wash in Ft Myers.

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. In Southwest Florida, the addition of Suncoast Express Wash marks the company’s third location in the region, reflecting a continued commitment to growth and excellence. Significant investments are being made to enhance both the Suncoast and Sweetwater sites, ensuring the El Car Wash brand is synonymous with superior wash quality and exceptional customer experience.

We are thrilled to further strengthen our position in key markets while remaining consistent with our M&A strategy of entering adjacent markets by purchasing the premier operators in advance of aggressive greenfield rollout of similarly high-quality locations,” stated co-CEOs Geoffrey Karas and Justin Landau. “These latest acquisitions, combined with a robust development pipeline in Central Florida and the West Coast, bolster the company’s presence across Central, Southwest and South Florida, offering an unparalleled service and membership value to an expanding customer base.”

Current members of Suncoast Fort Myers and Sweetwater Dr. Phillips will be seamlessly integrated into El Car Wash’s comprehensive unlimited membership programs, granting them access to an extensive network of over 75 current and future locations. Additionally, El Car Wash is launching special promotions for new members to commemorate these exiting new locations.

These acquisitions further enhance El Car Wash’s market-leading position, stretching from Miami to Greater Orlando,” said Mike Hill, Area Vice President. “My team and I are extremely excited to welcome more locations for our unlimited club members to take advantage of, so they can always drive clean.”

For additional announcements, including the slate of new store openings and special promotions, follow us on Instagram @elcarwash or visit us at www.elcarwash.com.

About El Car Wash

El Car Wash is a rapidly growing premier car care facility based in Florida with over 200,000 members, with plans to expand into Michigan in Summer 2024. The company is also the Official Car Wash of the Miami HEAT & Florida Panthers, a partner of Baptist Health and Zoo Miami. Committed to innovation, quality, and sustainability, El Car Wash offers a comprehensive range of services designed to meet the diverse needs of modern drivers. With cutting-edge technology, unlimited wash programs, eco-friendly practices, and a team of skilled professionals, El Car Wash is dedicated to delivering an unparalleled automotive experience. The company takes pride in its eco-friendly approach, reclaiming up to 90% of water used and reusing it for as many car washes as possible. The company completed a recapitalization with Warburg Pincus in 2022 and is actively seeking additional growth opportunities. For more information about El Car Wash and its services and partnership opportunities, please visit www.elcarwash.com.

Contacts

Elisabeth Castera/Stephanie Flores

(646) 290-0824/(786) 547-3489

ecastera@oandgpr.com/sflores@oandgpr.com

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