YOUNGSTOWN – A company involved in the development and operation of car washes across the country, Boing US Holdco, Inc., has purchased two properties totaling more than $1.8 million in Mahoning County over the past two last months.
This week’s $875,000 purchase of vacant commercial land on the outskirts of Salem in Mahoning County could lead to a development on East State Street between Aaron’s Rentals, Home Depot and Brighton Hot Dog Shoppe.
According to Mahoning County Auditor records, Dinsio Properties, LLC sold the 2.38-acre site on July 11. The property was previously owned by Linda A. Dinsio, the only other listed owner since the plot was created in 2004 before it was transferred. at Dinsio properties.
The most recent appraisal values the lot at $295,560 for tax purposes, according to auditor’s records.
Boing US Holdco also purchased another Mahoning County property on May 11, the former Citizens Bank building and land at 6071 Mahoning Avenue in Austintown Township. That sale was for $950,000 from SLW Development LLC, according to the auditor.
The company’s address at 440 South Church St., Charlotte, North Carolina, is the same address as Driven Brands, one of the world’s largest automotive service conglomerates with more than 4,400 locations and 8,400 employees in United States, Europe and Australia.
Driven Brands acquired International Car Wash in August 2020. Now Driven Brands Car Wash, the subsidiary “continues to focus on developing and growing the brand through a combination of acquisitions, expansion, continuous innovation and customer engagement,” according to its website.
Driven Brands Car Wash reports that it operates more than 1,000 locations in 14 countries. In May, the company opened its 350e located in the United States, a Take 5 car wash in Little Rock, Ark., according to a press release dated May 22.
The Little Rock site serves as a pilot for the potential national rollout of 83 sites, the press release said.
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Published by The Business Journal, Youngstown, Ohio.