Russ Auto Wash
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Russ Auto Wash - overview
Location
Toledo, OH, US
Primary Industry
Consumer Services
About
Based in Ohio, US, Russ Auto Wash operates as a provider of auto wash services for its customers. The company was owned by Jeff Bankey, and in February 2022, White Water Express Car Wash I, LLC, a portfolio company of Freeman Spogli & Co and SkyKnight Capital, acquired Russ Auto Wash. The company has 3 branches in Toledo, and 1 in Michigan. Russ Auto Wash provides exterior auto wash services such as soft cloth wash, high-pressure wash, hot air dry, clear coat protectant, chassis bath, etc for cars, mini-vans, pick-ups, and SUVs.
The company also offers 'dog-wash rooms' at selected locations, where the customers can wash their dogs by themselves. The company generates revenue by charging customers fixed prices for one-time services. The firm also generates revenue through its monthly plans, Express Unlimited (USD 20. 99 per month), Pro-Plus Unlimited (USD 26.
99 per month), Super Unlimited (USD 31. 99 per month), and Works Unlimited (USD 36. 99 per month).
Current Investors
White Water Express Car Wash I, LLC
Primary Industry
Consumer Services
Sub Industries
Consumer Services, Automobile Repair
Website
www.russautowashtoledo.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Russ Auto Wash - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Russ Auto Wash | - |
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