Written by Admin | May 25, 2022 5:00:00 AM
Following a banner year for Driven Brands Car Wash North America with more than 110 new locations in 2021, the company continues its growth trajectory. On May 20, Driven Brands celebrated another significant milestone – opening its 350th express car wash in Little Rock, Arkansas.
The 350th location is the seventh greenfield the company has opened this year. Driven Brands built its car wash greenfield pipeline to 150 sites in only 18 months, following its initial acquisition of the former International Car Wash Group (ICWG). The company expects to expand greenfield opening momentum through the remainder of the year and remains acquisitive in the car wash industry – completing 13 acquisitions since January 1, 2022.
“The car wash industry remains ripe for growth, and we are continuing to expand Driven Brands’ car wash footprint both organically and inorganically, said Jonathan Fitzpatrick, Driven Brands president and CEO. Car wash is one of the highest-growth priorities for Driven Brands, given its highly fragmented competition, significant unit growth whitespace, simple operating model, and strong unit-level economics.
The 350th car wash location is branded as Take 5 Car Wash, which the company is piloting for potential national rollout with 83 locations under this banner today.
“We’re the largest pure play Express operator in the industry, said John Teddy, EVP and president, Car Wash North America. We love the simplicity and convenience of the conveyorized self-service car wash. Our Take 5 Car Wash brand expands on this foundation with a simple operating model and innovative customer experience. We believe that the strength of this brand, combined with our network scale advantage, will make us simply the most convenient car wash in North America.”