The Bubble Bath Car Wash was acquired by QuickTrip on Jan 01, 2023.

Deal Overview
Purchase Date
January 1, 2023
Primary State
Texas
Sites Bought
11
Site(s)
Deal Value
N/A
Transaction Synopsis
  • QuikTrip Corporation acquired The Bubble Bath Car Wash, a fast-growing express car wash platform based in San Antonio.
  • At the time of the transaction, Bubble Bath operated six sites with five additional locations in development.
  • The Lopez family and existing leadership remained in place to continue operating and expanding the platform alongside QuikTrip, and the deal value was not publicly disclosed.
Market Significance

The acquisition underscores QuikTrip’s strategic move into the express-car-wash sector, signaling continued convergence between fuel/convenience retailers and subscription-based wash platforms. It highlights the attractiveness of high-growth regional operators whose real estate pipelines and operational maturity make them strong add-ons for large retail brands. The deal also reflects the broader trend of scaled capital entering the industry, accelerating consolidation in key Sun Belt markets like Texas.

Client Impact
Management Commentary