EL CAR WASH ACQUIRES 9 NEW CAR WASH LOCATIONS IN FLORIDA

The state's leading car wash operator purchased 6 ZIPS in Orlando and 3 SPIN Car Washes in Broward County

ANNOUNCES ACQUISITIONS OF 6 ZIPS AND 3 SPIN CAR WASH LOCATIONS

MIAMI, Feb. 13, 2025 /PRNewswire/ -- El Car Wash, Florida's largest and fastest-growing car wash operator—and soon to be Michigan's leading operator—continues its aggressive expansion with the acquisition of six ZIPS Car Wash ("ZIPS") Orlando locations and three SPIN Car Wash locations in Broward County. The acquisitions of these nine locations totaled over $50 million. These strategic acquisitions strengthen El Car Wash's presence in both areas while deepening its market share in core geographies.

With these acquisitions, El Car Wash now operates 65 locations with more than 300,000 active members and has over 60 additional sites in development across Florida and Michigan. The company remains on track to surpass 100 locations by the end of 2026.

Justin Landau, co-founder and chief strategy officer said, "We are thrilled to welcome the ZIPS Orlando locations and the SPIN Car Wash Broward locations into the ECW family. These are excellent additions to our portfolio as we continue to expand further throughout Florida and deepen our presence in our core markets. "

Geoff Karas, co-founder and chief executive officer added, "We're excited to bring our industry-leading operations to these locations and deliver an exceptional customer experience and premium member value through the best car wash network in Florida."

El Car Wash will invest significantly in upgrading these newly acquired sites, enhancing wash quality, and elevating the customer experience—hallmarks of the El Car Wash brand. Additionally, ZIPS and SPIN locations will be seamlessly integrated into El Car Wash's unlimited membership program, allowing both new and existing members access to 100+ locations as the company continues its rapid growth.

To celebrate this milestone, El Car Wash will roll out exclusive limited-time promotions for new members and host grand opening celebrations at select locations.

In 2025 alone, El Car Wash has already opened new locations in Lake Nona, Merritt Island, Oakland Park, Lake Worth, and Hialeah Gardens, with plans to open 20 new stores by year's end.

Wash, Vac, Repeat.

Vinny Carfora of Car Wash King acted as an advisor on the ZIPS transaction.

For the latest updates, including new store openings and special promotions, follow us on Instagram (@elcarwash) or visit www.elcarwash.com.

About El Car Wash

Founded in 2011 and headquartered in Doral, El Car Wash is Florida's #1 express car wash operator, and soon to be the leading operator in Michigan. El Car Wash's partnership with Warburg Pincus in 2022 has fueled its growth trajectory. They are revolutionizing the car wash experience by offering an unmatched customer experience, utilizing state-of-the-art technology, and embracing eco-friendly practices. Their affordable unlimited wash programs, extensive customer amenities, and innovative services set them apart. They pride themselves on providing a fantastic work environment for their employees and maintaining a strong commitment to community involvement. El Car Wash's neurodivergent and veteran employment programs are a few of the many reasons El Car Wash is an employer of choice. Through meaningful sports partnerships and active community involvement, they are committed to making our local areas shine—both on and off the road. For additional announcements, including new store openings and special promotions, follow El Car Wash on Instagram @elcarwash or visit www.elcarwash.com.

SOURCE El Car Wash