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Updated RecentlyGrease Monkey and Grease Monkey Shine vs The Shine Factory Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Grease Monkey and Grease Monkey Shine vs The Shine Factory including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $55,000 - $761,135 | $125,000 - $200,000 |
| Franchise Fee | $35,000 | $10,000 - $50,000 |
| Royalty Fee | 5% | 8% |
| Advertising Fee | 0.5% | - |
| Year Founded | 1978 | 1979 |
| Year Franchised | 1979 | 1979 |
| Term Of Agreement | 15 years | 5 years |
| Term Of Agreement | 15 years | 5 years |
| Renewal Fee | $5K | - |
Business Experience Requirements |
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| Experience | ||
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | No/No |
| Start-up Costs | No/Yes | No/No |
| Equipment | No/Yes | No/No |
| Inventory | No/Yes | No/No |
| Receivables | No/No | No/No |
| Payroll | No/No | No/No |
Training & Support |
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| Training | On-The-Job Training: 40 hours Classroom Training: 35 hours Additional Training: Annual regional meetings | - |
| Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | Toll-free phone line, Grand opening, Field operations/evaluations |
| Marketing | Co-op Advertising Ad Templates Social media SEO Website development Email marketing Loyalty program/app | Ad slicks, Regional advertising |
| 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)
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0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
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| US Expansion | Yes | - |
| Canada Expansion | No | No |
| International Expansion | Yes | Yes |
Company Overviews
About Grease Monkey and Grease Monkey Shine
Founded in 1978, Grease Monkey centers provide preventive maintenance that meets manufacturers' recommendations for most makes and models of cars, with no appointment necessary. Grease Monkey International is the nation's largest independent
franchisor of automotive oil change centers serving more than 2 million
customers each year with 75% of them being return customers. Our "less
hassle, more hustle!" customer experience is part of every signature
Grease Monkey® service.
Headquartered in Denver Colorado, the Grease
Monkey® brand currently has more than 300 centers operating in the
United States, Latin America, and China.
GMI is not owned by a major oil company. Being
independent means GMI's focus remains on helping customers properly
maintain their car or truck, instead of selling a particular brand of
oil.
Since 1998, the company has offered a Monkey Shine program--a car wash adjacent to and in conjunction with the Grease Monkey Center.
The estimated total investment necessary to begin operation of a
Grease Monkey franchise ranges from $156,695 to $347,850, including
between $5,000 and $50,000 which must be paid to the franchisor or its
affiliates.
If you elect to include a Monkey Shine Facility providing
car wash services in conjunction with the Grease Monkey Center, the
total investment increases between $151,650 and $761,135 depending on
the configuration and size of your Monkey Shine Facility, none of which
added costs is paid to the franchisor or its affiliates. Grease Monkey
franchisees have the option to choose to operate a Monkey Shine
Facility.
Grease Monkey area developers acquire the right to develop multiple franchises, with a minimum of three Grease Monkey Centers in a designated development area. The total investment necessary to begin operation as an area developer to open three Grease Monkey Centers ranges from $55,000 to $65,000, all of which must be paid to the franchisor or its affiliates.
Grease Monkey area developers acquire the right to develop multiple franchises, with a minimum of three Grease Monkey Centers in a designated development area. The total investment necessary to begin operation as an area developer to open three Grease Monkey Centers ranges from $55,000 to $65,000, all of which must be paid to the franchisor or its affiliates.
Veteran Incentives $10,000 off franchise fee
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#84 on Franchise Rankings.com
#161 in Franchise 500 for 2020.
#167 in Franchise 500 for 2021.
About The Shine Factory
The Shine Factory is the largest automotive and detail business serving
our nation for over 30 years. In 1979 the first Shine Factory opened
in Calgary.
We can now be found from coast to
coast. We are looking to grow and duplicate the same quality and
valued service that we have in our existing locations into more of Canada and all over the world.
People bring their vehicles to the Shine Factory for a variety of
reasons. Properly maintaining your vehicle makes good economic sense,
whether keeping it for a long time or as an investment for a higher
resale value, there is always a need for this type of service. Some
people simply enjoy the added pleasure of driving a clean car.
The Shine Factory Franchise gives you the right or license to use the
Shine Factory logos, products, systems and procedures. The benefit of
being a part of a franchise system is the tremendous advantage of
gaining instant recognition. The benefit of operating under an already
established system is that it has been developed and proven in the
market place while the franchisor continues to research market demands
so you don’t have to. Franchising gives you the opportunity to build a
profitable business that can be resold if you choose.
Unique to the Shine Factory Systems, we provide an online warranty
system that provides protective warranties on vehicles for up to 10
years. The warranty is with Entire Car Protection. ECP is the top
warranty product in the Industry. The products we use come from our main
supplier ECP, who constantly research and test new products that keep
Shine Factory at the forefront of the automotive detailing industry,
keeping our customers satisfied.