Grease Monkey and Grease Monkey Shine vs Speedy Auto Service Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Grease Monkey and Grease Monkey Shine vs Speedy Auto Service including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Grease Monkey and Grease Monkey Shine Franchise
Speedy Auto Service Franchise
Investment $55,000 - $761,135$100,000 - $300,000
Franchise Fee $35,000$30,000
Royalty Fee 5%5%
Advertising Fee 0.5%2%
Year Founded 19781956
Year Franchised 19792004
Term Of Agreement 15 years-
Term Of Agreement 15 years-
Renewal Fee $5K-


Business Experience Requirements

 
Grease Monkey and Grease Monkey Shine Franchise
Speedy Auto Service Franchise
Experience
  • General business experience
  • Marketing skills
  • -

    Financing Options

     
    Grease Monkey and Grease Monkey Shine Franchise
    Speedy Auto Service Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support

     
    Grease Monkey and Grease Monkey Shine Franchise
    Speedy Auto Service Franchise
    Training On-The-Job Training: 40 hours Classroom Training: 35 hours Additional Training: Annual regional meetings 3-6 weeks
    Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform -
    Marketing Co-op Advertising Ad Templates Social media SEO Website development Email marketing Loyalty program/app A consistent, professional and integrated marketing program, at both the national and regional level, is under constant development to support the Speedy brand image through a variety of mediums. Cost effective media planning and the development of radio commercials, newspaper ads, point-of-sale materials and direct mail campaigns can provide a powerful means to drive your business.
    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)

    -

    Expansion Plans

     
    Grease Monkey and Grease Monkey Shine Franchise
    Speedy Auto Service Franchise
    US Expansion Yes-
    Canada Expansion NoYes
    International Expansion 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.
    Veteran Incentives  $10,000 off franchise fee

    "franchiserankingscom"   "Entrepreneur
    #84 on Franchise Rankings.com
    #161 in Franchise 500 for 2020.
    #167 in Franchise 500 for 2021.




    About Speedy Auto Service

    The very first Speedy Muffler King shop was opened in Toronto in 1956. In December 2007 Speedy Corporation acquired Speedy Auto Service.

    The qualified professionals at Speedy Auto Service have been proud to bring Canadians honest, reliable and affordable solutions for their auto repair needs. Our success comes from our emphasis on friendly, courteous service, with a goal of building long-lasting relationships with each one of our valued customers. This personal touch, combined with the unmatched technical knowledge of our certified team, is what makes Speedy Canada’s best choice for auto repair.

    Our highly trained staff is as helpful in customer service as they are in auto repair. They’re always willing to go the extra mile and address any additional questions or concerns you may have about your vehicle; whether you’re in for a basic oil change or a major overhaul, they’ll do everything they can to ensure you’re completely satisfied before leaving our repair facility. We strive to bring you auto repair that’s as rich in a good customer experience as it is in quality.

     Speedy Auto Service will continue the process of converting from a company owned store system to franchisee owned and operated stores - a growth transition that began in 2004. * Build a profitable and rewarding future with one of today's leading auto service specialists. * Join one of Canada's leading and most popular brand name networks. * Being your own boss just got easier.