Mister Car Wash hits 400 stores
Nation’s Largest Car Wash Brand Continues Exponential Growth
TUCSON, Ariz. – (BUSINESS WIRE) – Mister Car Wash, Inc. (the “Company” or “Mister”; NYSE: MCW), opened its 400th location on April 15 in Orlando, Fl. The landmark comes just nine months after the company went public through the New York Stock Exchange.
“This milestone is a testament to our people,” said John Lai, CEO of Mister Car Wash. “They are the reason we continue to scale and deliver an exceptional car wash experience.”
Chief Operating Officer Mayra Chimienti agreed, “We have a lot of momentum right now and the team is excited to continue on our trajectory.”
Rapid growth has been a standout goal of the business since Lai became CEO in 2013, shortly after Mister earned the title of the nation’s largest car wash chain. Since then, the company has grown from 91 stores to 400 and counting.
The company’s proven subscription model, products, and standards for quality are only the beginning. Alongside store growth, Mister continues to invest in the support infrastructure at the headquarter and regional level, internal talent development, upward mobility opportunities, and best-in-class benefits.
“We are seeing our prioritization of training and leadership development pay off,” said Chimienti. “We invest in our people, we believe in them, and they feel it. That makes for a solid foundation to build upon.”
Approximately 30 Mister locations will open between May-Dec. 2022 – a combination of acquisitions and new stores. In an industry with increasing consumer demand, Mister is well positioned to continue its strategic development.
“Expanding our footprint enables us to meet the needs of our growing membership and retail customers,” said Chimienti. “At each step we take a measured approach to ensure that we are scaling deliberately and sustainably.”
The 400-store milestone came and went with 401 quickly on its heels, a testament to the forward-looking work ethic deeply embedded in Mister culture.
“I hope our people take a minute to feel proud of how far we’ve come, but at the end of the day we all want to get back to washing cars,” Lai said. “Momentum is a powerful thing.”
For more history on Mister Car Wash, visit mistercarwash.com/about-us.
About Mister Car Wash® | Inspiring People to Shine®
Headquartered in Tucson, AZ, Mister Car Wash, Inc. (NYSE: MCW) operates more than 400 car washes nationwide and has the largest car wash subscription program in North America. With over 25 years of car wash experience, the Mister team is focused on operational excellence and delivering a memorable customer experience through elevated hospitality. The Mister brand is anchored in quality, friendliness and a commitment to the communities we serve as good stewards of the environment and the resources we use. We believe that when you take care of your people, they will take care of your customers. To learn more visit: https://mistercarwash.com
This press release includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements in this press release include but are not limited to Mister Car Wash’s expansion efforts and branding initiatives. Words including “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “potential,” “predict,” “seek,” or “should,” or the negative thereof or other variations thereon or comparable terminology are intended to identify forward-looking statements. In addition, any statements or information that refer to expectations, beliefs, plans, projections, objectives, performance, or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking.
These forward-looking statements are based on management’s current expectations and beliefs. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause the Company’s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including, but not limited to: developments involving the Company’s competitors and its industry; the Company’s ability to attract new customers, retain existing customers and maintain or grow its number of subscription members; potential future impacts of the COVID-19 pandemic; the Company’s ability to open and operate new locations in a timely and cost-effective manner; the Company’s ability to identify suitable acquisition targets and consummate such acquisitions on attractive terms; the Company’s ability to maintain and enhance its brand reputation; the Company’s reliance on and relationships with third-party suppliers; risk related to the Company’s indebtedness and capital requirements; risk related to governmental laws and regulations applicable to the Company and its business; the Company’s ability to maintain security and prevent unauthorized access to electronic and other confidential information; and the other important factors discussed under the caption “Risk Factors” in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2021, as such factors may be updated from time to time in its other filings with the SEC, which are accessible on the SEC’s website at www.sec.gov and Investor Relations section of the Company’s website at https://ir.mistercarwash.com/.
These and other important factors could cause actual results to differ materially from those indicated by the forward-looking statements made in this press release. Any forward-looking statement that the Company makes in this press release speaks only as of the date of such statement. Except as required by law, the Company does not undertake any obligation to update or revise or to publicly announce any update or revision to, any of the forward-looking statements, whether as a result of new information, future events, or otherwise.
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