According to industry experts, this activity is only getting started with no known threats of a slowdown.ġ. Our publication has tracked and reported on the consistent flow of expansion and acquisition news in this market. For the first time, all five companies featured in the list’s top five have triple-digit year-end projected locations. The top-heavy trend that we’ve been seeing for the past few years continued this year. While this year’s list continues to feature many of the familiar names and brands the carwash industry has known for decades, surging up the list are operators that have only been in the market for five years or less. These company representatives provide year-end projections - months ahead of the new year - which may or may not match actuals due to unforeseen circumstances.
However, we strive to make every attempt to validate the list’s information, such as receiving confirmation from the large majority of companies featured on the list.
As mergers, acquisitions, consolidation and expansion continue to trend upward in the carwash market, this list has become more and more difficult to maintain on a yearly basis since M&A transactions in this sector continue to occur on a weekly basis.
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