CHARLESTON, S.C. — PPR Capital Management (PPR), a private equity real estate investment firm, announced in a press release the grand opening of Tommy’s Express Car Wash Charleston, located at 4820 Tanger Outlet Blvd, North Charleston, South Carolina. Related Articles - Deltic Wash Force introduces Deltic Express lineup to Canada - Hanley Investment Group’s sale of 2 new Quick Quack Car Wash locations - Champion Xpress Carwash expands into Missouri
“We are thrilled to bring Tommy’s Express Car Wash to the North Charleston market,” said Steve Meyer, CEO at PPR Capital Management. “This opening reflects our commitment to providing our investors with unique opportunities and high-quality, real estate-backed ventures. Through PPR’s new Opportunity Fund, we can offer our valued investors a differentiated investment opportunity typically only made available to institutional or venture capital investors, allowing them access to growth markets with high potential for strong returns.” k3 touchless car wash machine
Tommy’s Express Car Wash is the largest carwash franchise in the U.S., stated the press release.
Each location features several innovative characteristics unique to Tommy’s, including a cleaning system that can wash up to 200 cars per hour using 80% recycled water, a best-in-class conveyor belt and advanced license plate recognition technology.
A user-friendly mobile application makes it easy for Tommy’s customers to manage their carwash subscription, operate on-site self-service vacuums and pay for individual washes.
Tommy’s in North Charleston, South Carolina, offers users convenient hours, open seven days per week from 7 a.m. to 8 p.m. daily.
Earlier this year, in partnership with Olympus Pines, a leading retail business developer and operator, PPR launched its first of several Opportunity Funds.
Opportunity Fund I invests in the development and operation of Tommy’s Express Car Washes in strategic, high-growth carwash markets across the U.S., continued the press release.
The Opportunity Fund is managed by an experienced team of finance, strategy, operations and marketing professionals from both PPR and Olympus Pines.
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