Charlotte, NC -- Express Wash Operations, LLC, d/b/a Magnolia Wash Holdings, a premium express conveyor car wash operator headquartered in Charlotte, N.C., has successfully grown their portfolio of car wash locations with acquisitions and grand openings. Activity in December and early January included:
-The grand opening of Wave Wash in Brimfield, Ohio on Dec. 13, 2021;
-An acquisition deal closing Dec. 22, 2021 for five locations, including three 5-Star Car Wash locations in Fayetteville and Greensboro, N.C., a Rivers Edge Car Wash in Mount Airy, N.C., and a Racers Edge Car Wash in Martinsville, VA. This deal was brokered by Vinny Carfora and Car Wash King;
-An acquisition deal closing Dec. 30, 2021 for two Car Wash U locations in Jacksonville, expanding the operator's footprint in the Jacksonville market; and
-An acquisition of one Blue Sky location in Panama City Beach, FL, closing on Jan. 4, 2022.
These deals bring Magnolia to 52 operating locations in Florida, Georgia, North Carolina, Ohio, South Carolina, Tennessee, and Virginia. Magnolia continues to execute against its strategy of creating regional density, operating multiple brands across its local markets.
Magnolia was founded by Frank Bennett and Brooks Moye in 2014 and remains entrepreneurially oriented despite its experienced, professional leadership team.
Magnolia Wash Holdings is actively pursuing acquisition and development opportunities in both existing and new markets across the Southeast. Please contact Kyle Poyer via the webform on the Magnolia website, located online at magnoliawashholdings.com regarding any inquiries about opportunities with Magnolia.
