Grease Monkey Franchising LLC

Grease Monkey Franchising LLC

Not Ranked

Initial Investment

LOW: $164,195
HIGH: $335,850

Change in Units

+9.1% +26 UNITS (1 Year)
+100.0% +286 UNITS (3 Years)

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Promoted Opportunities

Company Profile

Founded

1978

Franchising Since

1979 (37 Years)

Corporate Address

7450 E. Progress Pl. Greenwood Village, CO 80111

CEO

John Adams

Parent Company

Grease Monkey Int'l., Inc.

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.

Financials

Financial Requirements

Initial Investment

$164,195 - $335,850

Net-worth Requirement

$250,000

Liquid Cash Requirement

$60,000 - $75,000

Ongoing Fees

Initial Franchise Fee

$30,000

Ongoing Royalty Fee

5%

Ad Royalty Fee

0.5%

Financing Options

Grease Monkey Franchising LLC has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment, inventory

Veteran Incentives


33% off franchise fee

Franchise 500® Rank History

Highest Rank: 156

Lowest Rank: 442

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units worldwide.

Operations & Franchisor Support

Training Onsite: As needed

Training at headquarters: 5 days

Additional Training: Annual regional meetings

Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Security
Field Operations

Marketing Support
Co-op Advertising
Ad Slicks
National Media

Absentee Ownership Allowed

Number of employees required to run: 8

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: June 21st, 2016

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