Car Wash Advisory represented Zax Auto Wash on the sale of their 19 site express car wash chain.
In December 2023, Car Wash Advisory successfully facilitated the sale of Zax Auto Wash, a prominent car wash business in Michigan, to Ammori Equity Partners. This strategic transaction marked Ammori Equity Partners' entry into the car wash industry, with the acquisition encompassing a total of 19 sites located throughout the greater Detroit area. The deal value remains undisclosed.
Car Wash Advisory assisted its client, Brian Blaskay of Zax Auto Wash, by devising a comprehensive strategy for a successful transaction while also helping him achieve his personal objectives. Brian sought to achieve several goals: securing financial returns, downsizing his operations, and maintaining a steady income stream for the future. Rather than recommending the straightforward solution of selling all his car wash locations, the experts at Car Wash Advisory meticulously analyzed the assets, considering buyer liquidity and geographic density, and curated a portfolio of 19 locations for sale. This strategy allowed Brian to retain 5 locations that, although less attractive to buyers, were of significant personal interest to him. Their unique and honest approach ensured a successful outcome for all parties involved.
"The AEP acquisition is an exciting new chapter for Zax. I believe that this strategic move will allow the local brand to benefit from a new perspective and larger corporate operating structure, something that we believe will allow each location to continue to thrive in the ever-changing car wash landscape for years to come."
Brian Blaskay
CEO & Founder of Zax
The acquisition of Zax Auto Wash by Ammori Equity Partners is a significant milestone in the Michigan car wash market. With these 19 locations, Ammori Equity Partners now has a strong foothold in the Detroit area, positioning themselves for further growth and expansion in the car wash sector. Car Wash Advisory's expertise in representing the seller, Zax Auto Wash, played a crucial role in this successful transaction, ensuring a seamless and beneficial process for all parties involved.
"With the acquisition of Zax Auto Wash, we are embracing the future of the car washing business while focusing on customer service and delivering quality washes at affordable prices. Our operational background and team focused culture will propel us into a new era of innovation, growth, and opportunities to develop a world class brand"
Saber Ammori
Founder & Managing Partner of Ammori Equity Partners
Under the guidance of Car Wash Advisory, Zax Auto Wash's sale to Ammori Equity Partners highlights the potential for innovation and operational excellence in the car wash industry. The experienced team at Ammori Equity Partners is well-prepared to build on the strong foundation established by Zax Auto Wash, driving the brand forward with new initiatives and enhanced services. This transaction underscores Car Wash Advisory's commitment to delivering exceptional results for their clients in the car wash market.
Car Wash Advisory represented Zax Auto Wash on the sale of their 19 site express car wash chain.
In December 2023, Car Wash Advisory successfully facilitated the sale of Zax Auto Wash, a prominent car wash business in Michigan, to Ammori Equity Partners. This strategic transaction marked Ammori Equity Partners' entry into the car wash industry, with the acquisition encompassing a total of 19 sites located throughout the greater Detroit area. The deal value remains undisclosed.
Car Wash Advisory assisted its client, Brian Blaskay of Zax Auto Wash, by devising a comprehensive strategy for a successful transaction while also helping him achieve his personal objectives. Brian sought to achieve several goals: securing financial returns, downsizing his operations, and maintaining a steady income stream for the future. Rather than recommending the straightforward solution of selling all his car wash locations, the experts at Car Wash Advisory meticulously analyzed the assets, considering buyer liquidity and geographic density, and curated a portfolio of 19 locations for sale. This strategy allowed Brian to retain 5 locations that, although less attractive to buyers, were of significant personal interest to him. Their unique and honest approach ensured a successful outcome for all parties involved.
"The AEP acquisition is an exciting new chapter for Zax. I believe that this strategic move will allow the local brand to benefit from a new perspective and larger corporate operating structure, something that we believe will allow each location to continue to thrive in the ever-changing car wash landscape for years to come."
Brian Blaskay
CEO & Founder of Zax
The acquisition of Zax Auto Wash by Ammori Equity Partners is a significant milestone in the Michigan car wash market. With these 19 locations, Ammori Equity Partners now has a strong foothold in the Detroit area, positioning themselves for further growth and expansion in the car wash sector. Car Wash Advisory's expertise in representing the seller, Zax Auto Wash, played a crucial role in this successful transaction, ensuring a seamless and beneficial process for all parties involved.
"With the acquisition of Zax Auto Wash, we are embracing the future of the car washing business while focusing on customer service and delivering quality washes at affordable prices. Our operational background and team focused culture will propel us into a new era of innovation, growth, and opportunities to develop a world class brand"
Saber Ammori
Founder & Managing Partner of Ammori Equity Partners
Under the guidance of Car Wash Advisory, Zax Auto Wash's sale to Ammori Equity Partners highlights the potential for innovation and operational excellence in the car wash industry. The experienced team at Ammori Equity Partners is well-prepared to build on the strong foundation established by Zax Auto Wash, driving the brand forward with new initiatives and enhanced services. This transaction underscores Car Wash Advisory's commitment to delivering exceptional results for their clients in the car wash market.
Ready to get started on selling your car wash business? Reach out to the team at Car Wash Advisory online or over the phone for a free confidential consultation.
