Octopus Car Wash was acquired by El Car Wash on Sep 24, 2024.

Deal Overview
Purchase Date
September 24, 2024
Primary State
Florida
Sites Bought
1
Sites
Deal Value
Undisclosed
Transaction Synopsis
  • El Car Wash has acquired Octopus Car Wash, located in Winter Springs, expanding its portfolio in the Orlando metropolitan area.
  • This acquisition complements El Car Wash’s existing locations in Dr. Phillips and Altamonte Springs.
  • New stores are planned in Lake Nona, Boggy Creek, and Longwood, indicating a continued focus on the greater Orlando region.
Market Significance
  • The acquisition further strengthens El Car Wash’s presence in Central Florida, one of the fastest-growing car wash markets in the state.
  • It supports El’s expansion strategy in the Orlando area, where the company is positioning itself to capitalize on the region's rapid growth and demand for express car wash services.
  • The planned new store developments in nearby areas will enable El Car Wash to solidify its brand and customer base throughout Orlando.
Client Impact
Management Commentary