Commercial Plus, LLC, a car wash and gas station brokerage and advisory firm based in Scottsdale, AZ, announced the successful closing of multiple transactions, resulting in a record month for the firm. The company expects continued momentum as they move into the second half of the year.
True Blue Carwash acquired two Quick N Clean sites in Tucson, AZ. Both express sites will operate under the Clean Freak Car Wash flag, a subsidiary brand of True Blue Carwash. Commercial Plus represented the seller in the transaction.
TE Ventures, LLC, one of the largest franchisees of Tommy’s Express Car Wash, acquired two Big Red Express Car Wash locations in the Austin, Texas area. Commercial Plus Texas, LLC represented the seller in the transaction.
Recently, Commercial Plus Texas, LLC represented Windmeer Enterprises, LLC, a high-volume Tommy’s Express franchisee, in an acquisition by Olympus Pines, a real estate fund and retail development operator.
In addition, CP Commercial Advisors, LLC brokered the recent acquisition of Jax Kar Wash in Bradenton, FL by Mammoth Holdings as it continues to expand into Florida. CP Commercial Advisors, LLC represented Jax Kar Wash in the transaction.
Driven Brands Car Wash North America recently acquired Soft Touch Carwash, based in Michigan and represented by Commercial Plus.
Representing Wiz O Wash of Illinois in another deal, Commercial Plus brokered the sale to a private buyer.
Commercial Plus recently brokered the acquisition of Peachtree Express Car Wash in Columbus, GA by Texas-based Landshark Car Wash, which continues expansion of its operations to the east coast. Commercial Plus represented Peachtree Express in the transaction.