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Express Wash Holdings

founders: Frank Bennett Sr.
Founded: 2014
Sector: real estate operating business
Website: www.xpwash.com

Express Wash Holdings is an acquisition vehicle for acquiring and building express car washes in New York, Connecticut and North Carolina. The company was formed to build and scale a national express car wash platform in order to capture outsized shareholder value creation potential that is being driven by the institutionalization of the car wash industry and asset class. The management team has been assembled to cover a diverse range of experience across the car wash industry, with the CEO having been involved in over $300M of car wash transactions, the Head of Development having more than a decade of experience doing car wash industry acquisitions and repositioning's, and the Head of Operations being a well respected operator of a multi-unit franchise. The Express Wash Holdings platform is designed around an automated, technology enabled, labor light model that is focused on continuing to improve customer experience while delivering compelling returns to investors.