Fun Facts about the Car Wash Business

1. 22M registered cars in Texas
2. 6,219 car wash businesses registered in Texas
3. ~1 registered car wash facility for every 3,538 cars
4. ~38 gallons to wash a car (approximately >90% is recycled)
5. 51% of car owners prefer “in-bay” automatic car washes
6. Ironically, Winter is the busiest season for washing cars (32%), followed by Spring (25%), Summer (25%) and then Fall (25%)
7. 66% of Americans wash their car > 13X per year
8. No big players with market share greater than 5%
9. Gen Z and millennials will pay as high as > 25% more for “eco-friendly” car washes
10. Fuel efficiency is 10% better for clean cars vs dirty cars

 
Stay tuned for investment opportunities in our upcoming acquisitions with CCW
 
To get on our non-binding soft commit list (which gives you access to our upcoming webinar) click here (we have $10M+ in soft commitments for the first 4 facilities). We anticipate having our webinar on this opportunity within the next few weeks.