With over $200 million in debt financing, Summit Wash Holdings, a membership-focused car wash company with locations in Palm Beach Gardens, Florida, and Norwalk, Connecticut, is presently running 54 locations.
With aspirations to reach 100 stores by mid-2025, the firm hopes to use the capital to continue expanding in Central Florida, Connecticut, and New Jersey.
About Summit Wash Holdings
Summit Wash was founded in 2022 and is headed by CEO Dan Pittman. It was first connected with Russell Speeder’s Car Wash, a family-run car wash chain with 21 sites in the Northeast, Nebraska, and Florida. The Shullman family created Russell Speeder’s in 1963, and it has a reputation for excellence in product, customer service, and overall business. With the purchases of Waters Carwash in 2022 and Car Wash Palace in 2023, Summit has expanded its footprint in the Florida market while maintaining its primary focus on expansion in the Northeast and Midwest since its founding.
