Founded in 1978, Grease Monkey is a franchise-based full-service automotive care company headquartered in Greenwood Village, CO, and is part of FullSpeed Automotive, one of the nation’s largest franchisors of automotive centers.
Grease Monkey currently operates more than 500 centers internationally with operations in the United States, China, Colombia, Mexico, and Saudi Arabia. Grease Monkey is one of the nation’s largest independent franchisors of automotive oil change centers
Grease Monkey offers franchisees more build options at lower costs than other quick lube brands. This flexible approach means you can customize your center and menu of services for your specific market and your investment profile. We’ve carefully developed a proven and dynamic System of Operation, ensuring the viability and long-term success of the brand and our franchisees. The Grease Monkey System is designed to guide franchisees through every aspect of running a profitable automotive maintenance business.
Whether you’ve been a grease monkey all your life, or you don’t know the first thing about changing oil, we’re here with the right training and support tools, from startup to mature business stage.
Established: 1978
First Unit Franchised: 1978
Franchised Units: 206
Company Owned Units: 245
Available in all states except Alaska, Hawaii, Maine, New York, Vermont, and Washington
Canada Franchises: No
International Franchises: Yes
Cash Investment: $400,000
Total Investment: $251,816 – $821,052
Minimum Net Worth: $600,000
Franchise Fee: $39,900
Royalty: 6%
Ad: .5% national materials fund – 4% local advertising
Item 19: Yes
Average Number of Employees: 8-10
Visa Candidates: Yes
Passive Ownership: Yes (see Owner’s Daily Activities Section)
Home-Based: No
B2B: No
Master Franchise Opportunities: No
Veteran + First Responder Discount: Yes, franchise fee is $29,900
Financial Assistance Provided: Yes
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Recruiting Assistance: No
Cooperative Advertising: No
Training:
Our emphasis on training is an important distinction, and a big part of our brand identity. Grease Monkey offers intensive startup training to new franchisees, including one week of instructor-led classroom training, and one week of in-center training for the entire crew prior to opening. We promote continuous learning and offer numerous training opportunities for franchisees and their employees throughout the year. We’re especially proud of our online university, with more than 250 training courses covering topics like safety, automotive technical, ASE certification prep, customer service and relationships, management, and more.
Owner/operator – Set work schedules, provide training, customer service excellence, budgets, advertising and marketing
Semi-Absentee – Requires a strong manager
IDEAL CANDIDATE
Good business acumen, able to use technology, business background, auto experience helpful but not required, understanding of franchising model.
Name: Alfonso Vilches
Director of Franchise Development
Email: [email protected]
Phone: 858-752-8908
Corporate Address: 5575 DTC Parkway, Suite 100 Greenwood Village, CO 80111
Corporate Website: https://www.greasemonkeyfranchise.com
UNITED STATES REFERRAL FEES:
Single Unit Referral Fee: $24,000
Multiple Unit Referral Fee: $8,000 for each additional license
Area/Master Development Referral Fee: 50%
Veterans Franchise Referral Fee: $24,000 Placement / $8,000 each additional license
Resale Unit Referral Fee: 10% Paid by seller