GO Car Wash acquires Wash N’ Go Depot

Wash N’ Go Depot was acquired by GO Car Wash on Sep 09, 2022.

OverviewMarketImpactCommentary
Deal Overview
Purchase Date
September 9, 2022
Primary State
Oregon
Sites Bought
3
Sites
Deal Value
Undisclosed
Transaction Synopsis
  • GO Car Wash has acquired Wash N’ Go Depot, including 3 operational car washes in Medford, Oregon. 
  • With this acquisition, GO Car Wash operates 115 locations across 8 states, including Oklahoma, Nevada, Texas, California, New York, Virginia, and now Oregon.
Market Significance
  • GO Car Wash plans to build 25+ additional car wash sites from Northern CA to Southern WA, including Portland along the I-5 corridor. 
  • In late 2021, GO Car Wash hired Nick Koros as their Chief Development Officer. Nick brings with him 20+ years of experience working with roadside brands, like Lifetime Fitness, Boston Market, and Starbucks.
  • GO Car Wash plans to bring 25 to 50 greenfield sites to market each year moving forward.
Client Impact
Management Commentary

“We see from our success in markets such as Kansas City, San Antonio, and Rochester, that density leads to higher customer satisfaction. Customers appreciate having a network of car washes to choose from, resulting in higher membership levels and better retention.”