Yanjun Liu's questions to Mister Car Wash Inc (MCW) leadership • Q3 2024
Question
Yanjun Liu, on for Robbie Ohmes, asked about the company's preference between building Express exterior versus interior cleaning locations and if there is an ideal long-term mix for the two formats.
Answer
Executive John Lai stated that the company's expansion is 'myopically focused' on the Express exterior model. He explained that this format is easier to scale, has a stronger margin profile, and meets high consumer demand for convenience, despite the dollar profit being similar to interior clean locations.