The mundane car wash industry is anything but these days. Consumer demand for car washes is growing strongly, fueled by increased convenience, a greater array of services offered, and a desire by car owners to hold onto their vehicles longer. That has attracted investor interest in the business, particularly from private equity companies that are building branded franchises with more amenities and improved service. That means small, family-owned firms will need to invest in their businesses to stay competitive or sell now while valuations are high—grow or go, in other words.
The team at FOCUS Investment Banking can help you make a decision that’s right for your situation. With over 40 years of experience in the automotive aftermarket, both within the industry and as investment bankers, we understand industry dynamics to help business owners maximize their outcome. We’ve helped dozens of companies achieve their strategic objectives, whether it’s buying, selling, or raising capital. Our clients trust us to deliver positive results.
Jon Pek, Co-Founder of T Sportline
“Elie and I thought that the FOCUS team was outstanding throughout this process. We are fortunate to have worked with a professional team of bankers with unmatched expertise in the automotive aftermarket,” added Pek. ”They did an excellent job preparing and communicating with us throughout the sale process. The FOCUS team quickly identified Kian as an ideal buyer for T Sportline and we are excited about what we can accomplish over the next few years.”
Jim Flanders, Co-Founder of BROTHERS Mail Order Industries, Inc.
“The team at FOCUS was so helpful and ready and willing to do whatever it took to get things done throughout this transaction,” stated Jim Flanders, Co-Founder of BROTHERS. “As my first, and possibly my last business sale, I appreciated the way they worked with me and my team at BROTHERS to make sure we were informed and involved with all aspects of the process.”
* Testimonials may not be representative of the experience of all clients; testimonials are not a guarantee of future performance or success.
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