The total investment to open a Grease Monkey franchise ranges from $185,000 to $444,400 with a $39,900 franchise fee and a 5% royalty. Potential candidates are asked to meet the following financial requirements: a minimum $450,000 net worth and $150,000 in liquid capital, per unit developed. With more than 275 million vehicles on the road, the earnings of the oil industry is estimated at approximately $6 billion annually.
With a leadership team comprised of former owner-operators with extensive experience in senior-level roles on the franchisor side, Grease Monkey® possesses the industry knowledge that positions its franchisees for success. We can help you grow because we've been there ourselves.
Our focus on being our customer’s trusted partner dictates the way we operate and the way we train. We show you our proven approach that has helped drive high customer retention rates so that you and your crew can deliver on the Grease Monkey promise of superior service time and again.
With over 70 years of combined experience, Grease Monkey is part of the FullSpeed Automotive™ family of brands, one of the nation’s largest franchisors of automotive service centers. We’re not owned by an oil company, which means there is no obligation to buy a specified brand of products, letting us negotiate the best possible pricing for our franchisees. We make recommendations without dictating what products franchisees must use, keeping our owner-operators in the driver's seat.
In addition to acquiring a model that allows for build-outs to be tailored to the area being served, franchise owners can add on an additional revenue stream through our Monkey Shine® Car Wash. In addition, Grease Monkey and Monkey Shine® facilities are relatively simple to operate, with a streamlined operating environment and limited inventory requirements. We don’t require our franchisees to have experience in the automotive industry because we provide comprehensive training and support in all aspects of center operations.
Grease Monkey is not owned by a major oil company. This means that we can focus on providing customers the best products and services in a way that reinforces our goal of being their trusted partner.
The Certified Pit Crew Time Guarantee: Grease Monkey knows that our customers’ time is valuable. That’s why our Certified Pit Crew provides a service time promise to customers right up front. Customers watch the Pit Crew Timer countdown, and for every minute over that promise, we refund our customer $1. Get In. Get Out. Get Going. ™
Grease Monkey, along with many of our vendors, have a special program for our Veterans and First Responders. Veterans and First Responders who qualify for the franchise will receive a $14,900 Discount on the initial franchise fee.
You may think automotive experience is needed to own and operate a Grease Monkey franchise, but it is not. What we do look for in candidates is:
