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Updated RecentlyGrease Monkey and Grease Monkey Shine Franchise
Automotive preventive maintenance
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.
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.
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.
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
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How much does it cost to open a Grease Monkey and Grease Monkey Shine Franchise?
The investment required to open a Grease Monkey and Grease Monkey Shine Franchise is between $55,000-$761,135. There is an initial franchise fee of $35,000 which grants you the license to run a business under the Grease Monkey and Grease Monkey Shine name.
Individual Unit Costs
- Initial Investment:
$55,000-$761,135 - Initial Franchise Fee:
$35,000 - Royalty Fee:
5% - Advertising Fee:
0.5% - Term of Agreement:
15 years - Renewal Fee:
$5K
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Grease Monkey International Donates 25k To
On Tuesday, August 31 at 10:00 am, members of the Colorado State Patrol, Grease Monkey International and the friends and families of 3 Chatfield High School teens killed in a tragic auto crash in February of 2003, gathered at the crash site (the intersection of Ken-Caryl Road & Continental Divide Ro...
Grease Monkey International Announces Plan To Sell Company-owned Centers
Grease Monkey International, Inc. (GMI) announced that it will restructure its operations to provide greater emphasis and corporate focus on the growth of its franchise organization. The initial implementation of the plan will include franchising of the 31 Grease Monkey centers currently owned and o...
Grease Monkey To Purchase 17 Indy Lube Centers
Grease Monkey International, Inc., the nation's largest independent automotive preventive maintenance franchisor, announced today that it has agreed to purchase, through an affiliate, 17 Indy Lube centers located in central Indiana. Indy Lube is a national quick lube franchise organization, with ope...
Grease Monkey To Be Acquired By Florida Company
Grease Monkey Holding Corporation announced that it signed a definitive merger agreement to he acquired by QL 3000, Inc., a privately held company based in Jacksonville, Florida. The merger agreement provides that each shareholder of Grease Monkey will receive $1.00 for each share of Grease Monkey c...
Grease Monkey and Grease Monkey Shine News & Press Releases
When did Grease Monkey and Grease Monkey Shine start Franchising? 1979
United States: Nationwide
International: Worldwide
| Expense | In-House | Third Party |
|---|---|---|
| Franchise Fee | No | Yes |
| Startup Costs | No | Yes |
| Equipment | No | Yes |
| Inventory | No | Yes |
| Accounts Receivable | No | No |
| Payroll | No | No |
Third Party Financing Source(s): the SBA & conventional sources
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
Marketing
Co-op Advertising
Ad Templates
Social media
SEO
Website development
Email marketing
Loyalty program/app
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)
Business Experience:
To calculate how much income a franchise owner can do at Grease Monkey and Grease Monkey Shine Franchise, may vary on factors like location, size etc., On the other side as a business owner your goals to maintain the quality of service while streaming sales high and expenses low. As any other franchise may include rent/mortgage, staffing/family, inventory supplies, utilities, administrative costs vise vera. Location to location and seasons the months costs may vary. Most franchises start up costs are typically fixed and they will cover most of the initial operating costs like signage, furniture, decoration and renovations.
Listing Tags
Legal Disclaimer: This information is not a franchise offering for Grease Monkey and Grease Monkey Shine and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a Grease Monkey and Grease Monkey Shine franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.
Grease Monkey and Grease Monkey Shine
Grease Monkey Franchising, LLC
5575 DTC Pkwy., #100
Greenwood Village,
CO
80111