Cobblestone Auto Spa
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Cobblestone Auto Spa - overview
Established
1997
Location
Phoenix, AZ, US
Primary Industry
Retail
About
Founded in 1997, chaired by Tuck Bettin as CEO, and based in Arizona, US, Cobblestone Auto Spa offers car care services including full car wash, oil changes, and detailing among others. The company operates across 31 Arizona locations and 5 Colorado locations. In 2020, Access Holdings, along with the company's management, invested in Cobblestone Auto Spa. As of 2021, the company staffs over 250 employees.
The company’s services include car wash; car detail services such as cleaning from exterior details removing contaminants from the paint surface, cleaning the engine, and adding a wax finish to protect the vehicles, and interior details; Oil Change Services such as air conditioning, and auto maintenance; and Fleet Maintenance Programs. The company generates revenue through membership allowed for personal use. The membership fee is billed to the credit card on the day corresponding to the commencement date for the agreed plan and it renews automatically until canceled. In the future, Access Holdings’ investment will support Cobblestone Auto Spa’s next stage of accelerated growth.
The company also plans on expanding its operations to 45 locations.
Current Investors
Access Holdings
Primary Industry
Retail
Sub Industries
Automobile Repair, Drug Stores/Convenience Stores
Website
www.cobblestone.com
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
Cobblestone Auto Spa - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Growth | Completed | Cobblestone Auto Spa | - |
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