After a period of heavy merger and acquisition (M&A) activity at the operator level — and to a lesser extent on the supplier side — the carwash market now seems to be turning its attention to advancing technology to improve results, accountability, security and safety, revenue, efficiencies, and productivity. And, while the top carwash chains, backed by large investors, will continue to build out portfolios through acquisitions and greenfield development, market insiders note that M&A activity has slowed in this market as financing has become more expensive and multiples peaked within the past two years — particularly for single-location businesses and small chains — among other factors.
SmartOperators are created when “artificial intelligence” and “industrial internet of things” technologies are applied to the carwash world.
The science, uses and benefits of adding drying aids to the car cleaning process.
Customers are enjoying the freebie, but are operators and shareholders?
JohnDow developed the Oil Container Drainer so repairers can safely and easily drain oil bottles before recycling.
This chamois offers superior absorbency for a quick drying time and is tear-resistant for long-lasting durability.