Grease Monkey

  • Grease Monkey International, Inc.
7450 East Progress Place
Greenwood Village, CO 80111
  • (800) 364-0352 / (303) 308-1660
  • (303) 308-5906 (Fax)

GREASE MONKEY Centers provide convenient vehicle preventive maintenance services. We provide comprehensive technical training for all franchisees, including instruction performing all GREASE MONKEY approved services thoroughly and safely. You will also learn basic accounting, computer marketing and customer satisfaction techniques to help you operate your business.

Franchisor Background

Year Established: 1978

Franchising Since: 1979

Operating Units

Franchised Units 244 98.8%
Company-Owned Units 3 1.2%
Total Operating Units 247 100%

Geographic Distribution

USA 213 86.2% In 28 States
Canada 0 0.0% In 0 Provinces
International 34 13.8% In 0 Foreign Countries
Total 247 100%

Multi-Unit Operators

Multi-Unit Operators N/A
Franchises Owned by Multi-Unit Operators N/A

North American Unit Density

Density Units
Colorado 57
California 14
Washington 13

Registered in the following Registration States

California, Florida, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, Virginia, Washington, Wisconsin, District of Columbia, Alberta

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Support and Training

General Information

IFA Member No
CFA Member No
Franchisee Association? Yes, is a member
Size of Corporate Staff 45
Site Selection
Assistance
Yes
Lease Negotiation Assistance Yes
Financial Assistance Yes, Direct

Marketing Support

Co-Op Advertising No
National Advertising No
Regional Advertising No
Local Advertising No

Ongoing Support

Central Data Processing Included
Central Purchasing Included
Field Operation Evaluation Included
Field Training Included
Initial Store Opening Included
Inventory Control Included
Franchisee Newsletter Included
Regional or National Meetings Included
800 Telephone Hotline Included

Training

Corporate Headquarters, Denver, CO 1 Week
Market Center 1 Week
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Financial Requirements

Investment

Minimum Net Worth $300K
Cash Investment $200-250K
Total Investment $850K-1.2MM
Average Total Investment $1.0MM

Fees

Initial Franchise Fee $28K
Average Franchise Fee $28K
On-Going Royalty 5%
Average Royalty 5%
Advertising Fee 6%

Site Information and Requirements

Average Number of Full-Time Employees 3
Average Number of Part-Time Employees 3
Space Needs (in square feet) 1,800
Preferred Site Types Free Standing Building, Strip Center
Encourages Conversions Yes
Item 19 (Earnings Claim) Provided? Yes
Listed in the SBA Registry? No
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Franchisee Qualifications

Financial Net Worth 5
General Business Experience 4
Specific Industry Experience 2
Formal Education 2
Psychological Profile 3
Personal Interviews 5
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Terms of Contract

Term of Initial Contract 15
Term of Renewal Period 15
Passive Ownership? Not Allowed
Area Development
Agreements?
Yes, for 1 year
Sub-Franchisor
Contracts?
No
Franchisees Allowed to Expand Within Territory? Yes
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Expansion Plans

Projected New Units Over Next 12 Months 20
USA Yes, All United States
Canada No
Overseas Yes, Mexico
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Request Information for Grease Monkey

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