Tsunami Express Car Wash
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Tsunami Express Car Wash - overview
Established
2017
Location
-, CA, US
Primary Industry
Consumer Services
About
Based in California, US, and founded in 2017 and led by Chief Executive Officer Chris Schuldt, Tsunami Express Car Wash operates as a car wash business providing free self-service vacuum and giving discounted service through their monthly wash club. In May 2022 Point72 Hyperscale acquired a majority stake in Tsunami Express Car Wash business. Tsunami Express Car Wash developed a car wash platform, that allows users to schedule a car washing services that includes exterior washing, interior washing, vacuum cleaning, stain removal, triple foam rainbow polish wax, clear coat protectant, spot free rinse, tire dressing, foaming presoak, underbody rinse, and many more. The company generates revenue by charging owners for joining monthly wash club for USD 19.
99 monthly to USD 39. 99 monthly.
Current Investors
Point72
Primary Industry
Consumer Services
Sub Industries
Consumer Services
Website
www.tsunamiexpresscarwash.com
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Tsunami Express Car 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, Corporate Carve Out | Completed | 53 Take 5 Car Wash Locations | - | ||||||||
| Add-on | Completed | Pride's Express Car Wash | - | ||||||||
| Buyout | Completed | Tsunami Express Car Wash | - |
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