Quick Eddy — a Maine automotive wash enterprise with a location on Nice Avenue in Brunswick — was bought earlier this month to a Connecticut-based holding firm for an undisclosed value.
Brunswick’s Quick Eddie opened in September 2019 and has a second location. The unique Quick Eddy opened in Augusta in January 2016.
Earlier proprietor Ed Goff declined to specify the sale value and the title of the corporate, however stated the customer instructed him the Quick Eddie title would stay with its 20 present staff. He stated the corporate is planning so as to add extra places. Makes an attempt to contact firm spokesman Jim Waterman on Monday have been unsuccessful.
In accordance with metropolis information, the whole appraised parcel worth for the Brunswick location is roughly $1.17 million. The Augusta location is assessed at $761,600.
Goff, who owned each places outright, stated the rationale for promoting was twofold — oncoming competitors and a heated actual property market. “We have a value that was laborious to say no to,” he stated.
Goff stated that previous to the sale, plans for brand spanking new places in each Bangor and Brewer failed as a result of competitors.
Goff stated the location he was eyeing in Bangor was not working after a personal fairness group was searching for a automotive wash. Then just a few days later, Goff discovered from a second proposed location in Brewer that one other automotive wash was being constructed simply down the road.
“On the time we determined that possibly we have been on the incorrect aspect of it, that issues have been getting too aggressive and we have been seeing so much, listening to rumors of different washes and that possibly we should always actually give attention to promoting our two location,” Goff stated.
The trade is rising in Maine, Goff stated, a development he thinks will proceed partly by subscription-based providers and chain automotive washes. He stated that his enterprise noticed regular progress, with this final yr being his greatest document.
Within the Midcoast, the Casco Bay Automotive Wash in Freeport opened in Might 2021, in keeping with the corporate’s social media web page.
Within the fall, the Metropolis of Topsham accepted a brand new carwash plan submitted by the Texas-based group for a website throughout from Topsham Honest Mall Street. This would be the second automotive wash within the metropolis, which can be known as Shammi Ka Karwash.
In accordance with John Younger, one of many firm’s principals, the Topsham location is one among about 10 proposed websites in Maine and 20 all through New England. Younger stated the identical space as Quick Eddy would not get numerous consideration from categorical automotive washes, which use extra trendy washing expertise than among the older companies in New England. Shammi can be subscription-based, which implies clients will be capable of go to all of the places.
“New England is definitely an excellent automotive washing surroundings in contrast to another elements of the USA, it actually must be the climate in New England and the surroundings there,” Younger stated.
In accordance with the USA Census Bureau’s June 2021 report, there have been 16,976 automotive washes nationally in 2019, a 6.8% improve from 2015. The identical report stated that in 2017 “Automotive wash employees in Maine have been essentially the most ‘productive’, producing $94,234 in gross sales per worker in comparison with $60,099 for the nation.”
In accordance with the Worldwide Carwash Affiliation, automotive wash gross sales in North America at the moment whole roughly $15 billion. The group additionally stories that the proportion of American drivers who wash their automobiles most frequently at automotive washes elevated from about 48% in 1995 to about 77% in 2019.
Goff, a resident of Norridgewock, received into the automotive washing enterprise in 2009 after buying Butler’s Automotive Wash in Skohagen from her father-in-law. He bought Butler in 2019. Goff stated he is a bit of saddened by his departure from the enterprise, however can also be excited to see the potential it continues to develop within the years to come back. Quick Eddie’s title comes from Goff’s grandfather, who bore that surname.
“The following step for me, I am not likely certain,” Goff stated. “I am working a bit of bit part-time with my automotive wash dealer, and we’ll wait and see what the long run holds for us, I assume.”