188
Grease Monkey
November 12, 2024 at 6:26:33 PM
Last Year Rank:
204
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Investment Range:
-
Initial Investment:
-
Category:
$251,816 - $821,052
$10,000 - $39,900
Automotive
Company Description
Grease Monkey is an automotive service franchise providing oil changes, car maintenance, and other services for vehicles. Founded in Denver in 1978, the company has operations in the United States, Latin America and China.
In 2013, Grease Monkey acquired the assets and franchise contracts of LubePro International, a 30-unit lubrication and automotive maintenance chain. In 2017, private equity firm CenterOak Partners acquired Grease Monkey and fellow quick-lube brand SpeeDee under FullSpeed Automotive.
Company Statistics
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Global Sales:
$325,581,159
-
US Units:
446
-
International Units:
62
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Total Units:
508
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Percent Franchised:
52%
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%International Units:
12%
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US Franchised Units:
201
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International Franchised Units:
62
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Sales Gowth%:
14.40%
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Unit Growth%:
3.00%
Franchise Financial Overview
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Starting Year:
-
Franchise Fee:
-
Royalty Fee:
-
Financing Available:
1978
$39,900
6%
Yes - Third Party