Grease Monkey Franchising LLC

At a Glance

Products & Services: Oil changes, preventive maintenance

Number of Locations: 260

Total Investment: $154.4K - $319.8K

Founded: 1978

Began Franchising: 1979

About Grease Monkey Franchising LLC

Founded in 1978, Grease Monkey centers provide preventive maintenance that meets manufacturers' recommendations for most makes and models of cars, with no appointment necessary. Since 1998, the company has offered a Monkey Shine program--a car wash adjacent to and in conjunction with the Grease Monkey Center.

Franchise Units

Year U.S. Canadian International Company Owned
2014 168 0 64 28
2012 183 0 59 1
2011 187 0 57 1
2010 193 0 55 3
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $154,400 - $319,800
Franchise Fee: $30,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 15 years, renewable
Veteran Incentives: 30% off franchise fee
Financial Requirements
Net Worth: $250,000
Liquid Cash Available: $60,000 - $70,000
Operations
30% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 8. Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators).
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 5 days. At franchisee's location: As needed. Annual regional meetings
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives, Lease Negotiation
Marketing Support: Co-op advertising, Ad slicks, Regional advertising,

Franchise Ranking History

Franchise 500®: #303 (2012), #156 (2011), #228 (2010),
America's Top Global: #125 (2011), #173 (2010),

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