Matthews exclusively represents seller of Galaxies Portfolio in Texas

Matthews exclusively represents seller of Galaxies Portfolio in Texas

KILLEEN, Texas — The transaction included both the business and underlying real estate of the facilities.

KILLEEN, Texas — Matthews Real Estate Investment Services announced in a press release the company represented the sellers in the disposition of two Galaxies Express Car Washes, located at 1300 E Stan Schlueter Loop and 5680 E Central Texas Expressway in Killeen, Texas.

Vice President Beryl Grant and Vice President and Director Clay Smith handled the transaction.

The transaction included both the business and underlying real estate of the facilities.

The Stan Schlueter Loop and Central Texas Expressway sites were built in 2019 and 2022, respectively.

Together, the facilities boast over 12,000 square feet.

The state-of-the-art carwash facilities were acquired by Mammoth Holdings, one of the largest carwash operating platforms in the U.S.

The operator was looking to expand its footprint in Texas, specifically within Killeen.

Galaxies Car Wash boasted two of the market’s strongest performing and most unique locations, the release stated.

“It was truly a pleasure representing the seller, Luke Mayo, in this transaction,” Grant said. “Luke is a successful entrepreneur in Killeen who built two extremely unique washes that will help Mammoth establish a strong presence in Central Texas. Additionally, Mammoth Holdings was extremely professional throughout the entire process and contributed to a successful transaction.”

You May Also Like

IGL Coatings USA welcomes new leaders

SARALAND, Ala. — The company has made a transition in ownership and leadership, passing the reins to Mike Karlen and Dustin Jackson.

igl new leaders

SARALAND, Ala. — IGL Coatings, a pioneering force in the automotive detailing industry, announced in a press release a significant transition in ownership and leadership in its distributor, IGL Coatings USA.

Effective May 15, 2024, the reins of the company will be passed from Joel LaPalme and Jeff Kary to the capable hands of Mike Karlen and Dustin Jackson.

ZIPS Car Wash celebrates over 40,000 teachers and nurses

PLANO, Texas — The honoring of teachers and nurses helped celebrate them for two national appreciation days.

ZIPS Car Wash celebrates over 40,000 teachers and nurses
DRB announces new regional sales representative

AKRON, Ohio — Matthew Skaggs will serve the Northeast region for tunnel sales at DRB and has been with the company for nearly 30 years.

National Carwash Solutions unites chemistry brands

GRIMES, Iowa — NCS Chemistry sets a new standard for operational excellence and sustainability by combining the three brands.

National Carwash Solutions unite chemistry brands
Rinsed acquires Ignite Wash

NEW YORK — The acquisition will empower operators with cutting-edge CRM technology for enhanced customer interactions and increased revenue.

rinsed logo

Other Posts

ISTOBAL reaches turnover of 156 million euros in 2023

VALENCIA, Spain — The group maintained solid profitability driven by its service line and improved operating margins in key markets.

Club Car Wash celebrates 18th anniversary

COLUMBIA, Mo. — From its humble beginnings in 2006 to its rebranding in 2019, this business has evolved into a network of over 160 locations.

Mister Car Wash announces first quarter 2024 financial results

TUCSON, Ariz. — The company reports it is finding ways to do more with less and managing its expense structure to deliver strong cash flow.

Schaeffler secures partnership to support technical education

FORT MILL, S.C. — The partnership with Automotive Transmission Service Group will offer technicians an array of learning opportunities.

Schaeffler secures partnership to support technical education