About Price Enterprises, Inc.
Price Enterprises, Inc. (PEI) formally known as FastLube, Inc. is a Hawaii Corporation established in 1992 and operates as CarWash808 Express and Pau Hana Express. Mr. Ricky E. Price, a retired United States Naval Officer founded the company, and currently serves as the Chairman of the Board and Treasurer, and his wife Teresa Price serves as Corporate Secretary. Son Christopher has been with the company since its beginning and serves as President and Chief Operating Officer. Son Brandon joined the company in 2018 as Director of Car Wash Operations.
Between 1992 – 2012 the company built six (6) Flagship FastLube facilities specializing in automotive preventative maintenance and also operating as an Express Goodyear tire dealer. The shops are located in Wahiawa, Kapolei, Waipio Gentry, Aiea, Royal Kunia, and Pearl City. The six shops have consistently performed in the top 1% of the Fast Lube Industry which represents more than 17,000 similar shops. The company services more than 100,000 vehicles each year and has performed millions of individuals automotive services over the past 29 years. On January 21, 2020 the six Flagship FastLube shops were sold to Oil Changers, Inc. of California to add to its national chain of “Oil Changers” facilities. After the sale of the fast lube shops the corporate name was changed from FastLube, Inc. to Price Enterprises, Inc. and in early 2021 the Flagship brand phased out changing to
In June 2018 the company completed construction of a five-million-dollar Express Car Wash in Waipio Gentry. The first of its kind in the state of Hawaii, the car wash is one of the most modern and technologically advanced car washes in the nation. Using the latest in equipment and computer technology and the highest quality environmentally friendly chemicals the Waipio Car Wash is capable of washing more than 120 per hours. Ten complimentary industrial strength vacuum cleaners are also available. There are no gimmicks or confusing add-ons, offering only the Diamond Carwash package for one low price. “Only the Best Nothing Less!”. Monthly memberships and discounted wash cards are available.
January 2021, PEI will open in the Mokulani development in Kapolei, across from the Water Park. A beautiful 140’ tunnel outfitted with the latest technology in carwash equipment and chemistry is capable of washing more than 200 cars per hour. The site provides 21 complimentary industrial strength vacuum cleaners.
Adjacent to the Kapolei car wash PEI will open and operate a modern full service convenience store featuring a fuel station offering all four grades of gasoline and diesel fuel. Opening is anticipated March 2021.
Inthe year 2000 the company and Mr. Price was recognized by the State of Hawaii, The Small Business Administration, the United States Congress and the President of the United States for their proactive work in training and moving individuals from government subsidies and dependency to productive employment. Again in 2020, the company and Mr. Price was recognized by the Small Business Administration and awarded the State of Hawaii Entrepreneurial Success of the Year award. Additionally, Mr. Price and the company was recognized as the 2006 Operator of Year by the Automotive Oil Change Association and was recognized as one of the top 50 “Fastest Growing Companies” in Hawaii for four consecutive years, 2008-2011.
Blessed with hundreds of wonderful, hardworking, dedicated employees over the past 30 years, Price Enterprises, Inc. continues to focus on creating quality jobs, providing meaningfully training and educational opportunities for employees, and providing professional service for thousands of valued Oahu customers. We are a proud family-owned Hawaii business supporting the communities we serve with a goal of continued growth and opportunity.
Mahalo Nui Loa,
Ricky E. Price, Chairman