Commercial Plus Group, a car wash and gas station brokerage and advisory firm based in Scottsdale, AZ, has announced the acquisition of Home Team Car Wash, with three locations in Florida, by ModWash. Commercial Plus Group represented Home Team Car Wash in the transaction.
“The Tampa region is a hot spot for growth in the car wash space,” said Alex Pavone, senior vice president of sales at Commercial Plus Group. “Home Team Car Wash had a well-run operation, and we were able to showcase their car washes and provide the most profitable outcome for the seller.”
Since its launch in 2020, ModWash has been on a growth trajectory. The acquisition of the three Home Team Car Wash locations brings ModWash’s Florida presence to 11 car washes with another 30 in development. Currently, ModWash is ranked 17 on the Top 100 Conveyor Car Washes List with 52 locations in 11 states.