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Monday, June 24, 2024

Coastal Investment Company and Madison Capital Group Introduce Game-Changing Car Wash Venture, Go Wash It

Last updated Friday, June 14, 2024 17:00 ET , Source: Coastal Investment Company

Coastal Investment Company, LLC, in partnership with Madison Capital Group, LLC, launches Go Wash It, aiming to revolutionize the car wash industry with innovative technologies and strategic growth.

Winter Park, FL, United States, 06/14/2024 / SubmitMyPR /

Coastal Investment Company, LLC, in collaboration with Madison Capital Group, LLC, is excited to unveil Go Wash It, an innovative car wash service poised to redefine industry standards.

Led by Ryan Hanks, Founder and CEO of Madison Capital Group, Go Wash It is set to transform the car wash sector by establishing and acquiring state-of-the-art facilities in high-growth areas across the United States. These carefully selected locations, featuring favorable demographics and limited competition, are projected to surpass national performance benchmarks.

With a combined 50 years of industry experience, Go Wash It integrates advanced technologies to optimize operations and enhance customer experience. The implementation of license plate readers for subscription members aims to expedite service, reducing wait times and increasing efficiency. "Go Wash It is more than just a car wash; it represents the future of car care," said Ryan Hanks. "Our technology-driven approach ensures a seamless customer experience while maintaining high operational standards."

Go Wash It emphasizes proactive maintenance through real-time monitoring of equipment and detergent levels, preventing downtime and ensuring maximum efficiency. This meticulous approach underscores the brand's commitment to operational excellence.

As the car wash industry continues its robust growth, Go Wash It is committed to innovation and sustainability. The brand focuses on significantly reducing water usage compared to traditional home car washing methods, catering to the growing consumer demand for eco-friendly services.

Greg Meerbaum, CEO of Coastal, highlighted the industry's strong cash flows and consistent revenue from top-performing facilities. "The high trading multiples of these assets are a significant part of their appeal," Meerbaum noted. "Our goal is to capitalize on this opportunity by expanding our portfolio to include 150-250 car wash locations over the next five years."

As Go Wash It scales, it aims to capture a substantial market share in an industry primed for disruption. The express exterior car wash model promises high profitability and efficient service, attracting both consumers and investors.

Media Contact:

For more information about Go Wash It and investment opportunities, contact:

Investor Relations, Coastal Investment Company

Phone: 1-888-411-2280

Email: [email protected]

Website: https://www.investwithcoastal.com/

About Coastal Investment Company, LLC:

Based in Winter Park, FL, Coastal Investment Company, LLC is a distinguished private equity firm, offering successful individuals access to and advice on institutional real estate and venture capital investment opportunities.

About Madison Capital Group, LLC:

Madison Capital Group, LLC specializes in real estate and private equity ventures, renowned for their strategic development and acquisition projects in high-growth markets across the US.

Media Contact:

Carey Sobel, Chief Marketing Officer

Email: [email protected]

Media Contact:

Company Name: Coastal Investment Company
Contact Person: Carey Sobel
Phone: 18884112280
Address: 227 S Orlando Ave
City: Winter Park
State: FL
Postal Code: 32789
Country: US
Website: https://www.investwithcoastal.com/

Original Source of the original story >> Coastal Investment Company and Madison Capital Group Introduce Game-Changing Car Wash Venture, Go Wash It