Two Wash-N-Fill car washes in Ohio were sold to a local c-store, gas and car wash operator, Ridi Stores. Wash-n-Fill is a multi-site car wash operator with a total of six locations in northwest Ohio in Defiance, Napoleon and Findlay. Ridi Stores has 16 locations, all based in Ohio.
Car Wash Advisory, LLC, an investment banking firm exclusively focused on advising privately-owned car wash businesses, announced the successful sale and represented Wash-n-Fill on the transaction.
"We're thrilled to assist another family-owned car wash business monetize their many years of hard work," said Colin May, Managing Director at CWA. "Loui Ridi and his team at Ridi's were a great buyer to transact with and we are happy to see these car washes acquired by another local family-owned business."
Car Wash Advisory, which was founded by CEO Harry Caruso, provides sellside M&A advisory and debt and equity capital raising services to car wash owners and operators across the United States.