An Undisclosed Buyer Acquires Divine Shine Car Wash

Divine Shine Car Wash was acquired by Undisclosed on Sep 04, 2024.

Deal Overview
Purchase Date
September 4, 2024
Primary State
Pennsylvania
Sites Bought
1
Sites
Deal Value
Undisclosed
Transaction Synopsis

Divine Shine Car Wash has been acquired by a private buyer(s) and is a recently developed and operating express car wash. This transaction highlights the continued demand for high-quality express car wash in today's market, offering a strong growth opportunity for the buyer.

Market Significance

This transaction reflects the broader trend of an slow uptick of investments in the car wash industry, as the investor(s) recognize its strong recurring revenue potential and the increasing consumer demand for quick, convenient car care services in a underserved market.

Client Impact
Management Commentary

"After years of dedication and hard work, I'm excited to announce the sale of my car wash business as I step into retirement. It’s been an incredible journey, and I’m grateful for the support from my loyal customers and dedicated team. Here's to new beginnings and I hope the new owner(s) continue to build the great local brand."

John Freudenthal, Owner Divine Shine Car WashJohn Freudenthal, Owner Divine Shine Car Wash
John Freudenthal, Owner Divine Shine Car Wash