Locally owned car wash announces $150 million expansion plan for Palm Beach County

WEST PALM BEACH, Fla., March 3, 2022 /PRNewswire/ — Mint Eco Car Wash announced today the completion of a capital raise that provides the locally owned and operated company total equity capital of $50MM. This capital will allow Mint Eco to invest over $150MM in acquiring and developing car washes in Palm Beach County. Initial plans include 20 washes before year end 2024 and a portfolio of 50 washes in Palm Beach County before 2030.

Geoffrey Jervis, Co-Founder and CEO of Mint Eco, shared, “When we started Mint Eco Car Wash in West Palm Beach in 2019, our vision was for a completely different car wash company, or, as we like to say, A Fresh Approach to Washing CarsIt all starts with WHY we are in business…and people are always surprised to hear that it is not to wash cars. Rather, we exist to make our customers happy…and we love selling happiness. We have always believed that all of Palm Beach County’s residents deserve the feeling of optimism that comes from getting into a clean car.  Now, with the equity we have raised from our dedicated investor group, our vision is well-capitalized.”  


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