Zips Car Wash filed for bankruptcy protection in Texas on Wednesday, seeking to cut $279 million in debt and hand control of the business to its lenders.

The Plano car wash operator has filed multiple voluntary Chapter 11 bankruptcies, expecting to quickly emerge under new ownership.

PLANO, Texas--(BUSINESS WIRE)--Zips Car Wash, LLC (together with its affiliates, collectively “ZIPS” or the “Company”), one of the largest privately held car wash operators nationwide ...

(Bloomberg) -- Car wash operator Zips Car Wash has filed for bankruptcy with a plan to hand over control of the business to its private credit lenders. The Chapter 11 filing in Dallas on Wednesday ...

Zips Car Wash, LLC (together with its affiliates, collectively “ZIPS” or the “Company”), one of the largest privately held car wash operators nationwide, announced that it has agreed to ...

PLANO, Texas, February 06, 2025--(BUSINESS WIRE)--Zips Car Wash, LLC (together with its affiliates, collectively "ZIPS" or the "Company"), one of the largest privately held car wash operators ...

(Bloomberg) -- Car wash operator Zips Car Wash has filed for bankruptcy with a plan to hand over control of the business to its private credit lenders. The Chapter 11 filing in Dallas on Wednesday ...

Zips Car Wash filed for Chapter 11 in the US Bankruptcy Court for the Northern District of Texas. Expects to reduce its debt obligations by ~$279m and secure $15m of new capital Expects to emerge from ...