By Jim Utter
Director of Journalism
Links Car Wash recently completed an acquisition, capping a 2024 year of tremendous growth for the express car wash brand.
A four-unit Jallo Car Wash portfolio has been purchased by Links, the sale of which was facilitated by Matthews Real Estate Investment Services, who represented the seller. The Jallo sites are located across Tampa, Florida.
Links plans to update and rebrand the locations.
“Both the seller and buyer were extremely pleased with the process and end-result,” said Jake Lurie, Matthews’ associate vice president. “Ultimately, this closing was one of the largest carwash portfolio sales to trade in the market this year.”
Jallo sites owner Paul Jallo said he is looking to transition to other business ventures.
“I’m pleased with how the Links Car Wash team managed the transaction and look forward to seeing the business continue to grow under their leadership,” Jallo said.
“This business holds great importance as it took years to build a strong team, a loyal customer base and a trusted reputation in the community.”
Links Car Wash saw an impressive year of expansion in 2024.
In its inaugural year, the company acquired 18 locations across four states, including 13 fully operational sites, one major facility remodel, and four new development projects.
“We’ve had an incredible year, and this is just the beginning,” said Ryan Hanks, founder and CEO of Links Car Wash. “Our success in 2024 reflects the hard work of our talented team and the invaluable support from our strategic partners.
“We are excited to continue advancing our vision for a modern, customer-first car wash experience, and we are eager to embark on the next chapter of our journey.”
Both Madison Capital Group and the Coastal Investment Company have invested in Links’ expansion efforts in the last year.
Last July, Madison Capital Group announced the launch of the Links brand, which started in Tampa with the acquisition of a Bucket of Sudz site.
