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Home >> Automotive >> Tune Ups, Lubes, & Oil Related
 Yes, we actively support the inclusion and development of minority-owned franchises in the Grease Monkey system. Grease Monkey 7100 E. Belleview Ave., # 305 Greenwood Village, CO 80111 |
Submit an online form to receive information from Grease Monkey.
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Business Description
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
North America:
States/Provinces with the largest number of operating units:
Registered in Following Registration States: California, Florida, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, Virginia, Washington, Wisconsin, District Of Columbia, Alberta
Financial Requirements
Average Number of Employees: 3 Full-time, 3 Part-time
Space Needs (in square footage): 1,800
Preferred Sites: Free-standing Building, Strip Center
Other Sites:
Encourage Conversions? Yes
Earnings Claims Provided?: Yes
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 | 100.0% | |||||||||||||||||||||||||||||||||||||||||
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States/Provinces with the largest number of operating units:
| Density | Units |
| 1. California | 14 |
| 2. Colorado | 57 |
| 3. Washington | 13 |
Registered in Following Registration States: California, Florida, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, Virginia, Washington, Wisconsin, District Of Columbia, Alberta
Financial Requirements
| Investment: | |
| Minimum Net Worth: | $300K |
| Cash Investment: | $200-250K |
| Total Investment: | $850K-1.2MM |
| Average Total Investment: | $1025K |
| Fees: | |
| Initial Franchise Fee: | $28K |
| Average Franchise Fee: | $28K |
| On-Going Royalty: | 5% |
| Average Royalty: | 5% |
| Advertising Fee: | 6% |
Space Needs (in square footage): 1,800
Preferred Sites: Free-standing Building, Strip Center
Other Sites:
Encourage Conversions? Yes
Earnings Claims Provided?: Yes
| Franchisee Qualifications | |||||||||
Ranked from 1 (unimportant) to 5 (important): | |||||||||
| Financial Net Worth: | 5 | ||||||||
| General Business Experience: | 4 | ||||||||
| Specific Industry Experience: | 2 | ||||||||
| Formal Education: | 2 | ||||||||
| Psychological Profile: | 3 | ||||||||
| Personal Interview(s): | 5 | ||||||||
| Terms of Contract | |||||||||
| Term of Initial Contract: | 15 Year(s) | ||||||||
| Term of Renewal Period: | 15 Year(s) | ||||||||
| Passive Ownership: | Allowed, But Discouraged | ||||||||
| Area Development Agreements? | Yes, for 1 Year(s) | ||||||||
| Sub-Franchising Contracts? | No | ||||||||
| Franchisees Allowed to Expand Within Territory? | Yes | ||||||||
| Support and Training | |||||||||
| International Franchise Association: | No | ||||||||
| Canadian Franchise Association: | No | ||||||||
| Franchisee Association/Member: | Yes, 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 | ||||||||
| Marketing Materials: | None Specified | ||||||||
| Additional Services: | None Specified | ||||||||
| Other Marketing Support: | None Specified | ||||||||
| On-Going Support: | |||||||||
| Central Data Processing: | Included in Fees | ||||||||
| Central Purchasing: | Included in Fees | ||||||||
| Field Operation Evaluation: | Included in Fees | ||||||||
| Field Training: | Included in Fees | ||||||||
| Initial Store Opening: | Included in Fees | ||||||||
| Inventory Control: | Included in Fees | ||||||||
| Franchisee Newsletter: | Included in Fees | ||||||||
| Regional or National Meetings: | Included in Fees | ||||||||
| 800 Telephone Hotline: | Included in Fees | ||||||||
| Training: | |||||||||
| 1. Corporate Headquarters, Denver, CO | 1 Week | ||||||||
| 2. Market Center | 1 Week | ||||||||
| Expansion Plans | |||||||||
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Submit an online form to receive information from Grease Monkey. |
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