Who bought Fast Lane Oil Change & Car Wash?

Splash Car Wash acquired Fast Lane Oil Change & Car Wash Aug 08, 2022.

M&A History
Acquisition Date
August 8, 2022
Primary State
New York
Site Quantity
1
Deal Value
Undisclosed
Transaction Synopsis
  • Splash Car Wash announced the successful acquisition of Fast Lane Oil Change & Car Wash, which is located in Brewster, New York. 
  • Renovations of Fast Lane Oil Change & Car Wash are expected to be finished in Quarter 4 2022.
Market Significance
  • This is Splash Car Wash’s 36th car wash in New York State.
  • Splash Car Wash had been directly competing with Fast Lane since the opening of the Splash Car Wash in Brewster, New York, back in 2007.
Client Impact
Client Testimonial
“This is a nice addition to our portfolio. We plan to convert the site to an express wash with the addition of free self-service vacuums, pay gates, and substantial equipment upgrades. Unlimited customers will be able to utilize both washes with their membership — express members will pay a small fee for unlimited access to the existing full-service site, while primary full-service members can use either facility free of additional charge. This mirrors Splash’s strategy in the White Plains market, which has worked very well, where the chain operates two full-service sites and one express wash providing a comprehensive offering covering all wash needs of the customer base.”
Dan Petrelle, Chief Operating Officer of Splash
Dan Petrelle, Chief Operating Officer of Splash