After split driven by succession planning, family-owned Crew Carwash is in growth mode
This year, Indianapolis’ largest car wash chain—which is also one of the nation’s largest—marks its 70th anniversary. Sort of.
This year, Indianapolis’ largest car wash chain—which is also one of the nation’s largest—marks its 70th anniversary. Sort of.
Jerry Dahm is asking a Hamilton Superior Court judge to force the two owners of the company to buy his stake in its real estate arm for more than $26.2 million, on top of another $3.3 million he wants from his share in the car wash chain. The two owners already have agreed to pay him $17.1 million.
Mike’s Express Carwash and its principals, Bill and Mike Dahm, sons of founder Joe Dahm, are facing a lawsuit in Hamilton Superior Court brought by Jerry Dahm, a cousin who owned 35 percent of the company until May.
Mike’s Express Carwash makes money the old-fashioned way. The second-generation family affair, now celebrating its 60th
year, has invested its reserves in steady expansion, becoming a model for the $23.4 billion industry in
the process. And its owners still sweat the small stuff.