Spotless Brands, a portfolio company of Baltimore-based Access Holdings, has closed its investment in Ultimate Shine Car Wash, a leading car wash operator in Tennessee, West Virginia, and Virginia. Spotless will support Ultimate Shine by providing best-in-class processes, capital investment, technology innovation, and operational support to bolster Ultimate Shine’s position within its existing markets and help it expand into new geographies.
Ultimate Shine Car Wash was established in 2005 by David Wild and operates 17 locations across eastern Tennessee, Virginia, and West Virginia. The family-owned operation is committed to providing consistent quality customer service and offers a variety of express wash options. In addition to its existing locations, Ultimate Shine has an actionable pipeline of over 30 de novo opportunities. Spotless and Ultimate Shine are aligned on a win-win value creation strategy that combines Ultimate Shine’s local knowledge and premier locations with Spotless Brands’ innovative best practices and winning customer-centric and member-driven playbook. The partnership aims to grow Ultimate Shine’s business to more than 50 locations by 2023.
Spotless’ portfolio now includes 120 units across Arizona, Colorado, Oklahoma, Washington, D.C., Virginia, West Virginia, Tennessee, and Maryland via its market-leading brands, Cobblestone Auto Spa, Okie Express Auto Wash, Flagship Car Wash, and Ultimate Shine Car Wash. Spotless expects to add two to four designated marketing areas in 2022 with plans to reach 250 car wash units by 2023.