Grease Monkey Franchising LLC
At a Glance
Products & Services: Preventive maintenance & quick lube
Number of Locations: 243
Total Investment: $193.3K - 347K
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 |
| 2012 | 183 | 0 | 59 | 1 |
| 2011 | 187 | 0 | 57 | 1 |
| 2010 | 193 | 0 | 55 | 3 |
| 2009 | 190 | 0 | 51 | 3 |
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.
Startup Costs, Ongoing Fees and Financing
Total Investment: $193,300 - $347,000
Franchise Fee: $30,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 15 years, renewable
Franchise Fee: $30,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 15 years, renewable
Financial Requirements
Net Worth: $500,000
Liquid Cash Available: $200,000 - $250,000
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).| Financing Type | In-House | Third Party |
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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
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