👋Good morning! Mr. Car Wash’s much-anticipated fourth quarter 2024 financial results were released late Wednesday. Read why the news was better than expected in this issue of the Car Wash Daily News email newsletter.

👉To give you an idea of what our daily newsletter has to offer, you can access all of its contents - including the long-form version of stories teased on the newsletter - until later this month. After that, as a paid subscriber, you can maintain full access. Otherwise, only short teasers and summaries will be available in the newsletter and on the Website.

We’re excited about offering a new addition to the media landscape to help publicize an underserved industry. I hope you keep reading.

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.

👉 We’d like your input! Have a story idea or would like us to receive your company’s press releases on your latest news? Email us at [email protected].

🔦TODAY’S SPOTLIGHT🔦

Mister Car Wash 2024 fourth quarter growth exceeds expectations

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✂️SHORTCUTS✂️

   Editor’s Picks 👇

• Global car care products market on the rise: According to a study by Maximize Market Research, the car care products market size was valued at $13.4 billion in 2023 and is expected to reach $18.02 billion by 2030, with a compound annual growth rate of 4.2 percent. The growth is chiefly attributed to the growing adoption of motor vehicles, growing consumer awareness about vehicle maintenance and more advanced product formulations which are now yielding better performance and convenience in use of car care products. Also, increasing consumer awareness in undertaking routine care of their vehicles supports the growth of cleaning agents, waxes, polishes and detailing products. Read more here.

   Express Hits  🎯 

• Construction is set to begin soon on a New Day Car Wash location in Birmingham, Alabama. The site was purchased for $2.9 million on Jan. 16 from JAD3. LIV Development announced in February 2024 that it launched New Day Car Wash while opening a location in Vestavia Hills. It also has a location in Trussville and locations “coming soon” in Fultondale and Tuscaloosa.

• A new Big League Car Wash location is set to open in April in Schertz, Texas, which would be the company’s fourth site. It currently has three locations in nearby New Braunfels, Texas. The new site will feature a 150-foot tunnel, 28 vacuums and cleaners. Big League is owned by former Major League Baseball player Daniel McCutchen and his wife, Sarah, a dentist in New Braunfels. Daniel played for the Pittsburgh Pirates, Baltimore Orioles and Texas Rangers organizations, among others.

• Tommy’s Express Car Wash is celebrating the grand opening of its newest location in Cape Coral, Florida, with free car washes through March 2. The site, at 1612 Kismet Pkwy East, is the company’s fourth in Cape Coral. With over 230 franchise locations across North America, Tommy’s Express is ranked No. 1 in the car wash category on the Entrepreneur Franchise 500 list, as well as being recognized on the list of Fastest-Growing Franchises.

  👉 More updates here.

   Making Waves Around the World  🌊 

• Car washing facilities in Pakistan ordered to use recycled water only:

  The government of the Punjab province of Pakistan has imposed an immediate ban on washing cars at home and service stations that do not have water recycling systems in place. In a bid to conserve water, all service stations across the province have been ordered to install water recycling systems. The Lahore High Court has restricted the non-essential use of water, including a ban on car washing at homes and service stations without water recycling systems. The province experienced 42 percent below normal rainfall from September 2024 to January 2025. Read more here.

   What’s Coming Up  📅

• 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❓

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.