Come In Wash establishes joint ventures to expand business to Saudi Arabia, Southeast Asia, and Europe

Come In Wash wins the Minister of the Interior and Safety Prize at the Happier Community Service Campaign 강민지 기자l승인2024.03.20l수정2024.03.20 11:24

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Come In Wash received the Minister of the Interior and Safety Prize at the Happier Community Service Campaign on February 28. Come In Wash currently provides jobs to the most vulnerable among its manufacturing and construction workers, with about 20 of its 100 construction workers coming from the basic subsistence level. The company is aiming to open 500 locations nationwide and is working with local governments to create jobs, such as wiping and washing cars. In 2021, the company donated tablets to students with disabilities and winter kimchi to those in need, and in 2022 and 2023, the company made donations to Gangnam Severance Hospital for pediatric patients.

 

Excellent when it comes to automated car wash!

Come In Wash is certified to international standards by ORIAN in the United States, holds a patent for automatic car washing devices, is registered as a venture company, is recognized by the R&D department of the Ministry of Science and ICT, and boasts self-developed detergents certified by the Ministry of Environment. The company is showcasing its upgraded technology this year with the introduction of the new Poseidon 5 Ultra. The Poseidon 5 Ultra can remove more than 90% of water and is equipped with a water purification technology that uses nanoparticles to purify water, making it possible to wash your car without detergent.

Come In Wash has signed an MOU with a Japanese company and has applied for a patent, and plans to apply for a patent in Korea as well. In addition, the company plans to develop an AI robot arm in the future and introduce more detailed and cleaner car washing technology. The head office, which is scheduled to be completed in June on Dosan-daero in Gangnam, will operate a comprehensive control center that will be able to immediately respond to various issues, such as a car washing machine malfunction, 24 hours a day, 365 days a year, from anywhere in the world. 

 

Expanding business to Saudi Arabia, Southeast Asia, and Europe

With more than 200 branches and 500+ car washes, Come In Wash is expanding the number of franchisees, especially in Seoul’s 25 districts. The company has completed contracts with Hyundai Oil Bank for 40 branches and 70 car washes with a target of 300 branches, and has also signed a contract with E-Won Energy, and signed an MOU with Shinhan Bank to enable operators to obtain loans. The company also signed a memorandum of understanding with Saudi Arabia in late February to establish a joint venture at its come-in-wash factory in Yongin, signaling its entry into the Saudi Arabian and Middle Eastern car wash market. The joint venture will utilize available real estate resources in Saudi Arabia to set up Come in Wash’s no-touch automatic car washes, with exports of at least 1,000 no-touch automatic car washes confirmed over a three-year period from this year to 2027. Come in Wash opened a branch in Los Angeles, USA in 2022, Manila, Philippines in 2023, and plans to open branches in Thailand, Vietnam, Japan, HongKong and Europe this year. Come In Wash is aiming for an IPO in two to three years and is on track to become the Starbucks of the car wash market. 


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