Fast-growing chain El Car Wash recently opened a location in Pembroke Pines, Florida, marking the company’s car wash in Florida.
The company, which is headquartered above one of its car washes in Doral, a suburb of Miami, expects to have between 80 and 100 locations by the end of 2027. The Car Wash is part of the growing group of privately funded car wash chains. equity companies.
Justin Landau, co-CEO and co-founder of The Car Wash, said the wave of investments has brought a new point of professionalism to anything that has negative connotations in pop culture.
“There’s a misperception of ‘Breaking Bad,'” Landau said.
The crime drama star used a car wash to launder drug money, however, Landau pointed out that Car Wash only accepts credit on car tickets, so there are no piles of money to hide in briefcases. But Lava Jato is green in another way: the washing of tunnels and recycling the maximum amount of water used.
The Car Wash completed a recapitalization with Warburg Pincus in 2022. Landau, who co-founded the chain with Geoffrey Karas, spoke to Commercial Observer about its strategy.
This interview has been edited for length and clarity.
There is also a new generation of investors and traders who are hunting this sector in a different way. We strive to serve our customers and car wash is just the service we offer.
Second place on the list is a piece of land that is the right size, in a domain where we need to do business, that can be licensed as a car wash and is reasonably priced. We regularly look for terrain similar to Chick-fil-A, Wawa, and Racetrac.
If you wash a car in your driveway, you’re using more than a hundred gallons of water. There are probably solvents in the product you are using, and the runoff is being dumped into typhoon sewers. At our sites, we use 15 to 25 gallons of new water. We use reclaimed water for most of the process. Only at the end, when you want your car to be spotlessly clean, do we use new water. And we fully treat our wastewater before discharging it into the sewer system.
Jeff Ostrowski can be reached at jostrowski@commercialobserver. com.
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