Zips Car Wash acquires Road Runner Express

Road Runner Express Car Wash was acquired by ZIPS Car Wash on Dec 29, 2017.

Deal Overview
Purchase Date
December 29, 2017
Primary State
Florida
Sites Bought
4
Sites
Deal Value
Undisclosed
Transaction Synopsis
  • Zips has completed the acquisition of four sites from Road Runner Express located in South Florida.
  • “Our growth in Florida alone in 2017 has been tremendous, with the addition of stores in Pensacola, Jacksonville and Miramar, we now operate 16 stores in the Sunshine State,” said Brett Overman, founder and chairman of Zips Car Wash.
Market Significance

The concentrated population and coastal surroundings of South Florida necessitate an amplified demand for carwash facilities. The Operations Team of Zips has reported that regular car washing is crucial in preventing the formation of rust on vehicles that are constantly exposed to the oceanic environment

Client Impact
Management Commentary