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The transaction marks 54 car wash locations closed in the 3rd quarter by Amplify Car Wash Advisors
SCOTTSDALE, Ariz. – Amplify Car Wash Advisors, a national mergers and acquisitions and capital advisory firm, acted as the exclusive advisor to Jet Brite Car Wash on its successful acquisition by ZIPS Car Wash. The transaction involved 11 high-volume sites in the Chicagoland market and three sites in development along with providing ZIPS Car Wash access to Jet Brite Systems’ premier full-tunnel stainless steel equipment line, Shadow Equipment.
Jet Brite Car Wash was established in 2000 and was an early adopter of the express car wash model. Founders Dave Dalesandro and Sam Youssef focused on providing customers with a consistent, affordable, quality car wash while growing to a mega car wash brand across the region. To greater fulfill its commitment to consistency and quality, Jet Brite Systems, Inc. an equipment manufacturing company, was launched in 2010.
“With decades of hands-on experience as operators, when it came time to sell our car wash business who we sold to was important to Sam and me” said Dalesandro, former president of Jet Brite Car Wash. “Chris [Jenks] and the team at Amplify listened to us throughout the entire process. They found the right buyer in ZIPS who would be a good steward of the brand and helped find the best path forward for us where we can continue pursuing our passion for manufacturing high-quality car wash equipment.” Chris Jenks, chief operating officer at Amplify Car Wash Advisors added, “as a predominant and established player in the Chicagoland market, Jet Brite is known for its operational excellence, high-quality equipment, and strong local brand. Being a Chicago native myself, I have long admired Jet Brite and it has been a privilege and an honor to serve Dave and Sam as they transition to this next chapter where they can continue to focus on innovating and manufacturing best-in-class car wash equipment.”
Gene Dinkens, CEO, ZIPS Car Wash shared, “we’re proud to partner again with Amplify Car Wash Advisors to bring Jet Brite Express Car Wash into the ZIPS portfolio. We’re gaining an excellent brand of car washes, expanding into a new market, and will operate these 11 locations with the same excellence customers have come to expect from Jet Brite. ZIPS has experienced the largest expansion in the company’s history in 2022 with over 60 car washes acquired this year and we couldn’t be more satisfied to have Amplify assist us with this acquisition.”
Following the completion of this transaction, Amplify Car Wash Advisors has closed on its 54th car wash site in the 3rd quarter alone.
About Amplify Car Wash Advisors
Headquartered in Scottsdale, Arizona, Amplify Car Wash Advisors is a nationwide full-service car wash advisory firm founded by industry veteran Bill Martin and Jeff Pavone, who is also a principal at Commercial Plus, LLC, a real estate brokerage company. With a mission of creating wealth for clients, Amplify Car Wash Advisors helps car wash chain owners sell, partner, or grow using practical industry experience as operators coupled with expertise in mergers and acquisitions and capital advisory. Learn more at AmplifyWash.com and listen to its monthly podcast, Car Wash M&A, The Podcast, available on most podcast listening apps.