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A Commitment to Success
The majority of Grease Monkey centers are owned by individual franchisees who have made the commitment to take an active part in building their own business. Along with our comprehensive business planning advice, and technical and marketing support, franchise owners benefit from the Grease Monkey brand, distinctive logo and established reputation in achieving success.
Building a successful Grease Monkey operation requires not only solid business experience and management skills, but also the willingness to make a serious dedication of time, energy and financial resources.
To develop a Grease Monkey franchise, capital is needed for the franchise fee, equipment, inventory, working capital and other miscellaneous expenses, as well as the financial strength to develop the facility. The initial investment required to launch a new Grease Monkey operation is estimated at $250,000 with a minimum net worth of $500,000.
Grease Monkey is currently developing opportunities in markets across the country with several attractive franchise vehicles to choose from:
- Single-center franchise — grants a franchisee the right to develop a single center in a specified geographic area.
- Additional franchises are available to qualified franchisees at a reduced franchise fee.
- Exclusive Territory Development Agreement (ETDA) franchise — grants a franchisee the right to develop, according to a schedule, three or more centers within a specific geographic area exclusively.
- Conversion franchise — transforms your existing automotive/lube business to a Grease Monkey preventive maintenance center.
- Business Acquisition— Buying an existing operation can be an excellent way to get started as a Grease Monkey franchisee. You have the benefit of established cash flow and a customer base that you can then build upon. In many cases, the purchase price to acquire an existing business could be much less than the start-up costs associated with the development of a new location. Not to mention the time it takes to get open. In addition, financing can be a much easier process.
To find out more about becoming a Grease Monkey franchise owner, call us today at 800-364-0352. We also invite you to complete the Franchise Application Request Form and submit it to Grease Monkey International, Inc.
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