Matthews Real Estate Investment Services™ facilitated the sale of Marvel Carwash & Dogwash at 1551 Justin Road in Flower Mound, Texas.
Matthews™ First Vice President & Director Clay Smith, Vice President Beryl Grant and Associate Landon Carter facilitated the transaction.
The buyer, Raceway Car Wash, continues expansion into the Dallas-Fort Worth market, with this site fitting perfectly into their strategic growth plans. They plan to grow the site and build density through future acquisitions.
This acquisition brings Raceway’s total to 44 sites nationwide, with six locations in the DFW area. The seller sought to capitalize on the equity built from growing the business.