Amplify Car Wash Advisors, a national mergers and acquisitions and capital advisory firm, along with its affiliated car wash and business brokerage firm, Commercial Plus, recently closed on 19 car wash sites in the Dallas-Fort Worth area with seven more locations in the pipeline, slated to close soon.
Amplify represented Q Car Wash in an acquisition by Caliber Car Wash, backed by Percheron Capital. Q Car Wash, an express exterior car wash chain located in the Dallas-Fort Worth metroplex, currently has 11 locations with four additional sites in development. This acquisition moved Caliber to spot 31 on the Top 100 Conveyor Car Wash List, a listing of the largest U.S. conveyor car wash chains ranked by the number of open locations.
“Dallas-Fort Worth is a hot market,” said Jeff Pavone, partner at Amplify Car Wash Advisors. “In addition to possessing high-quality assets and a strong team, Q Car Wash presented a meaningful opportunity for growth in an attractive market.”
Two Tommy Terrific’s Car Wash locations in Dallas, TX were acquired by ZIPS Car Wash, headquartered in nearby Plano, TX. Amplify Car Wash Advisors represented the seller in the transaction. “It’s been a great experience working with Amplify Car Wash Advisors to bring these sites into the ZIPS portfolio,” said Gene Dinkens, CEO, ZIPS Car Wash.
Additionally, Commercial Plus closed on the sale of six Quick N Clean locations to Phoenix-based Super Star Car Wash, with three more in the pipeline in the Dallas-Fort Worth area. This brings Super Star up to number 17 on the Top 100 Conveyor Car Wash List with 51 locations. Commercial Plus represented Quick N Clean in the transaction.