Flagstop acquires 3 sites in Virginia

Flagstop has several more locations in development with plans to operate over 25 sites in the central Virginia market by 2025.

U.S. operator Flagstop Car Wash has acquired a three-unit platform in the greater Richmond metropolitan area. The units have been converted to the Flagstop brand and reopened earlier this week.

Founded in 1981 in Chester, Virginia, Flagstop has grown to become the leading express car wash brand in the greater Richmond area, offering premium wash and membership services across 19 sites. Flagstop’s growth plan to reach over 25 units by 2025 will focus on continuing to build out network density in Richmond.

"We are incredibly excited about the opportunity this acquisition presents the Flagstop brand with, as it will allow us to continue scaling our platform, offering services to a greater number of customers, and pursuing our objective of being the preferred car wash with the highest customer satisfaction in the greater Richmond area," said Jamie Nester, CEO of Flagstop.

Flagstop’s continued expansion and success is supported by a previous investment from Garnett Station Partners, LLC, a New York-based principal investment firm that manages over $2.3 billion of assets. Since the beginning of the partnership, Flagstop has grown its local footprint with five additional sites and has two additional locations set to open later this spring.