Midwest Car Wash Platform – $8M Real Estate at a Discount, Business Free

I’m under LOI on a multi-site car wash platform in a major Midwest metro. The thesis is simple: the car wash industry is massive, fragmented, and ripe for consolidation — and the Midwest remains largely untouched. Deal Highlights: - Anchor acquisition signed: decades-old platform on prime real estate, with clear path to $2M+ EBITDA after upgrades - Arbitrage: $8M+ of real estate acquired at a discount due to owner's death — effectively getting the business free. - Playbook: subscription conversion, brand refresh, equipment upgrades, lean org design - Team: industry veterans paired with strong Midwest operators - Pipeline: 10+ additional sites already under LOI/negotiation This is classic search fund year one: succession-driven seller, real estate-backed downside protection, and extraordinary entry economics. We’re seeking long-term partners who bring more than just capital — ideally investors with Midwest roots and experience in field services The window is 45 days, and the ground floor is right now. Shoot me an email at redacted or DM me if you’d like to see the one-pager.