Professional Carwashing & Detailing

AR carwash sells for $2.4 million

March 25, 2013

SHERWOOD, AR ― The Boomerang Car Wash here was purchased by Bailey's Tunnel Wash LLC for $2.4 million, according to an Arkansas Business report.

The March 25 story said the sale was led by John Bailey.

The deal was done with a 15-year loan worth $14.1 million.

Carwash facility purchased for $1 million

The carwash, which sits on 1.24 acres, was purchased in 2009 for $315,000 by Kristi Couch, Cindy Couch Clay, Margaret Eugenia Couch, Michael Couch and Tonya Couch Helmstetter.

To read the full report, click here.