Less than two years in operation, Oasis Auto Spa files for bankruptcy

The premium flexible service car wash in McKinney, Texas, also offers full detailing service and a pet wash

Shine brightest with all the dirt from the Car Wash industry

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👋Good morning! In this issue of the Car Wash Daily News email newsletter, we look at the recent Chapter 11 bankruptcy filing of Oasis Auto Spa LLC, a flex-service car wash in McKinney, Texas, which opened less than two years ago.

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Jim Utter
Director of Journalism/Editor in Chief
CW Daily News

Today's issue is sponsored by The Vita Agency — Let’s Drive More Business Your Way!

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🔦TODAY’S SPOTLIGHT🔦

Oasis Auto Spa files for Chapter 11 bankruptcy protection

A premium flexible car wash in McKinney, Texas, has filed for bankruptcy less than two years in operation.

According to documents filed to the U.S. Bankruptcy Court, Eastern District of Texas (Sherman), Oasis Auto Spa LLC filed a voluntary Chapter 11 bankruptcy petition on Jan. 31.

The parent company of the McKinney car wash is located in Allen, Texas. The facility opened last June and is locally owned by Frank and Bobbie Brooks.

Read more here.

➥ SUMMARY

When it opened in June 2023, the owners of Oasis Auto Spa said they wanted to "create a car wash with a spa-like feel."

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✂️SHORTCUTS✂️

   Editor’s Picks 👇

  • Global car wash industry expected to see significant growth: According to a recent study published by Market.us, the global car wash market was valued at $35.4 billion in 2023. It is expected to reach 52.4 billion by 2033, with an annual growth rate of 4.1 percent during the forecast period (2024-2033). The study includes the industry dedicated to cleaning and maintaining vehicles, encompassing both automatic and manual car washing services. Among the other findings: roll-over/in bay systems dominate the market with a 40 percent share, driven by their automation and space efficiency, and touchless car washing leads with a 55 percent market share, favored for its non-contact cleaning method. Read more here.

   Express Hits  🎯 

  • Construction will soon be complete on a New Day Car Wash site in Trussville, Alabama, which has scheduled a Feb. 21 grand opening. It is being built at the site of an old Burger King location, which burned down in a fire in 2023. New Day is an environmentally conscious car wash business headquartered in Birmingham. Its first location opened last year in Vestavia Hills.

  • A new car wash and coffee shop is coming soon to the village of Ripon, Wisconsin. Tentatively scheduled to open in June, Blue Bubble Auto Spa will be a self-service, 1,300-square-foot car wash situated on a 1.9-acre lot. A coffee shop – Big Top Brew – will also be part of the development and will be constructed at the same time, said owner Katie Culver.

  • Developers behind a proposed self-service car wash secured preliminary approval for the project at a recent Palmer Township (Pennsylvania) supervisors’ meeting. A new Shammy Shine Car Wash location is set to include six wash bays “designed to match the appearance and functionality” of an existing neighboring Shammy Shine, effectively doubling the franchise’s footprint. The existing location, one of 16 across Pennsylvania and New Jersey, features a 100-foot express tunnel, 16 free vacuums, and a wide range of car wash services.

  • Wilke's Speedy Wash is set to open in Detroit Lakes, Minnesota, on the site of the former Glacier Bay Car Wash. The site contains two self-service bays and two automatic, touchless bays and vacuums. It is expected to be open by March 1.

    👉 More updates here.

   Making Waves Around the World  🌊 

  • New car wash planned in County Kildare in Ireland: A planning application has been submitted to Kildare County Council by Beech Hill Gateway Services DAC to build a car wash along the M9 motorway in Kildare. The estimated cost of the project is €50,000. The new facility would comprise of one automatic wash bay, an associated car wash plant room and payment terminal and an above ground fuel tank. Read more here.

   What’s Coming Up  📅

  • AHR Expo: More than 1,800 HVACR exhibitors are expected at the AHR Expo Feb. 10-12, 2025, at the Orange County Convention Center in Orlando, Florida. More info here.

  • Southwest Car Wash Association: The organization will hold its annual convention and expo Feb. 26-28, 2025, at the Fort Worth (Texas) Convention Center. More info here.

  • Convenience U CARWACS Show 2025: The Convenience U CARWACS Show – Canada’s largest convenience, gas and car wash industry event – is set for March 4-5, 2025, at the International Centre Hall 5 in Mississauga, Ontario. More info here.  

  • APEC 2025: The leading conference in North America for power electronic professionals will take place March 16-20, 2025, at the Georgia World Congress Center in Atlanta, Georgia. More info here.

  • Heartland Carwash Association 2025: The organization’s annual product and equipment show will take place March 24-26, 2025, at the Mid America Center in Council Bluffs, Iowa. More info here.

  • ICA Car Wash Show 2025: The ultimate gathering for car wash pros returns to the Las Vegas (Nevada) Convention Center April 26-28, 2025. More info here.

  • Car Wash Show Europe 2025: The leading car wash trade fair in Europe takes place Sept. 24-25, 2025, at EXPO Greater Amsterdam in the Netherlands. More info here.

❓DID YOU KNOW❓

According to the Rinsed Quarterly Car Wash Report for the fourth quarter of 2024, car washes saw same store increases in both membership sales (14.4 percent) and retail wash sales (2.3 percent) over the fourth quarter of 2023. The report includes aggregated data from over 3,000 car wash locations and excludes data from any public companies.

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Disclaimer: The authors of cwdailynews.com, LLC are not financial or tax professionals. This email is for educational purposes only and should not be considered financial advice. We strongly recommend conducting your own research and consulting with qualified professionals before making any decisions. Our content, which may include affiliate links, reflects personal opinions and should not be used as the sole basis for decision-making. We are not responsible for any losses resulting from the use of this information.