Dover, NH SVN | Masiello has completed the sale of White Water Car Wash, a 3,928 s/f full service car wash facility on .29 acres at 525 Central Ave. to Ryan, Michael, J. Douglas and Benjamin Madden for an undisclosed amount.
Matthew Bacon and Cassandra Farley of SVN Masiello represented the seller, White Water Car Wash and Detail Center, LLC, and assisted the buyer in the transaction.
“Full service washes with proven track records continue to attract significant investor and operator interest. In many geographies, the car wash industry has not seen the same devastating impacts from COVID that other industries have had to face. Many successful washes like White Water have continued to see a rise in revenue” said Farley regarding the transaction.
“We’re excited to be running a family business together and Matt and Cassandra were a pleasure to work with.” said Madden.