Wash Depot Corp. has officially commenced bankruptcy proceedings. The locally owned and operated company provides its car wash services in Georgia. Its filing comes as the U.S. car wash industry faces rising competition, slowing demand, and tighter access to financing.
Note: A Chapter 11 bankruptcy filing is a legal process that allows a business to reorganize its debts, restructure obligations, and continue operating while working toward financial stability. Under Chapter 11, a debtor typically proposes a plan to repay creditors over time, subject to court approval. A Chapter 11 filing does not necessarily mean a business is closing or going out of business. For additional information, readers are encouraged to contact the business directly.
Wash Depot Corp. Files for Chapter 11
PACER records show that the company filed its petition on August 24, 2026. Company CEO Larry E. Clark, Jr. signed the petition.
The records add that attorney Paul Reece Marr of Paul Reece Marr, P.C. is representing Wash Depot Corp. in court.
Wash Depot offers services including shampoo washes, rust prevention, tri-foam conditioner, tire shine, ceramic coating, graphene carbon coating, and wax protection.
Recent data from MMCG Invest shows that the nationwide car wash industry could generate about $19.2 billion in revenue this year. However, this revenue could decline by 0.3% each year through 2031. In addition, new express car wash openings dipped from 943 in 2022 to almost 550 in 2025.
Case Related Details
Court records show that the company listed Heritage Bank, Inc. as its unsecured creditor with a claim of approximately $4.98 million. While Wash Depot Corp. has $927,000 in collateral, its unsecured claim is estimated to be $4.05 million.
The records also show landlord Solid Equities, Inc. on the list. Under a ground lease agreement dated July 1, 2022, this creditor is present in the records, although no claim is specified.
A summarized version of the Chapter 11 petition is shared here:
- Filing Date: August 24, 2026
- Court and Jurisdiction: U.S. Bankruptcy Court for the Northern District of Georgia, Atlanta Division
- Type of Filing: Active, Voluntary Petition
- Chapter: 11
- Case Number: 26-61214-bem
- Estimated Assets: Between $500,001 and $1 million
- Estimated Liabilities: Between $1,000,001 and $10 million
- Estimated Creditors: 1-49
Court records also show that Clarity Properties LLC and Larry Edward Clark, Jr. and Samaria Mashanta Clark filed separate bankruptcy cases on the same day. Clarity Properties LLC shares common ownership and control with Wash Depot Corp. Larry Clark owns the company and is jointly identified as a debtor with Samaria Mashanta Clark.
Other Car Wash Businesses Have Filed for Chapter 11
In recent months, several car wash service providers have entered bankruptcy proceedings amid financial troubles.
Glacier Car and Dog Wash LLC submitted its petition on May 4, 2026. Case records showed that the car wash company decided to move forward with a Subchapter V filing. Other than car cleaning, the Colorado-based company offers dog washing services.
On August 12, 2025, a California-based firm filed for Chapter 11 proceedings. The petition showed that both assets and liabilities of Santa Ana Express Car Wash LLC were between $1 million and $10 million. The company provides its services as an express drive-through car wash business.
Wash Depot Corp.’s Chapter 11 case will now proceed in the U.S. Bankruptcy Court for the Northern District of Georgia.
