The Blue Wave auto spa in Miami is closing down for good after more than a decade of service.
Blue Wave announced on Friday that the business, which had opened in 2003, will be closing down in early May.
The closure is the second phase of the company’s turnaround, which began with a $4.4 billion investment in 2015.
The company is now trying to close the business with a combination of sales and rent reductions.
BlueWave announced that the company will be shutting down the business by the end of May.
In an interview with Business Insider, the CEO of Blue Wave, Joe L. Fortunato, explained the company decided to close its doors for good in order to focus on other ventures.
Fortunate, he said, was that I had been on the team from the beginning and that I really wanted to continue with this journey, even if I didn’t have the opportunity to get there.
“This is a very hard decision,” he said.
“The business that we built in 2003 has been successful and I’ve seen it through a lot of ups and downs.”
Fortunato explained that he was “grateful” for the company, which he called “one of the greatest in the world.”
“We have invested billions of dollars to create a world class spa and now it’s time to turn the page and focus on a new venture,” he added.
Luxury spa company BlueWave is closing its doors after almost 20 years in business, the company announced on its Facebook page.
In addition to the closure, BlueWave will no longer be accepting new reservations for the business.
It’s unknown how many people are impacted by the closure.
The BlueWave business is the only spa in the country with an exclusive location for a single client, which is why it’s one of the biggest in the United States.
BlueWave also has a presence in New York, Philadelphia, Miami, Las Vegas, and Los Angeles.
Ivan Fortunatello, who worked at BlueWave as a sales representative, said he will continue to serve his customers.
“Blue Wave is a pioneer in the auto spa business,” he wrote in a statement.
“I know that my colleagues, many of whom have worked here over the years, will continue their passion and dedication to this great business.
I know they will continue working hard to deliver the best service and make this a successful franchise for years to come.”
According to the company website, Blue Wave had more than 3,500 people working in the business in 2015, and had grossed $9.3 billion in revenue.
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