Merritt Auto Spa is Acquired by an Undisclosed Buyer

Merritt Auto Spa was acquired by Undisclosed on Oct 01, 2023.

Deal Overview
Purchase Date
October 1, 2023
Primary State
California
Sites Bought
1
Sites
Deal Value
$7,000,000+
Transaction Synopsis
  • An unnamed Los Angeles County private investor has successfully completed the acquisition of Merritt Auto Spa in Corona, CA.
  • Merit Auto Spa features a full-service hand wash with 120’ tunnel, professional detailing and oil change services as well as a café, market and spacious lobby, and sold for just over $7M.  

Market Significance

The buyer also operates successful carwash businesses in Temecula and Long Beach.

Client Impact
Management Commentary