Grease Monkey Franchise Profile

Grease Monkey franchise businesses provide the general public with oil changes and preventive maintenance services for cars and trucks. Franchisees can also opt to operate a Monkey Shine car wash facility (“Monkey Shine Facility”) which provides a car wash option and other regular vehicle maintenance services.

The Grease Monkey offers franchise opportunities under the legal name of the company ”Grease Monkey Franchising, LLC.” whose principal business address is 5575 DTC Parkway, Suite 100 Greenwood VillageCO 80111 USA.


Franchise Legal Name: Grease Monkey Franchising, LLC


Franchise Trade Name (DBA): Grease Monkey


Founded: 1978 in Denver, USA


Founder: Grease Monkey Holding Corporation


Current Owner: MOP GM Holding, LLC


CEO: Rob Lynch


Operating Status: Active


Started Franchising: 1979


Industry: Automotive Maintainance


The Total Number of Franchise Units Worldwide: 502


The Total Number of U.S Based Franchisee-Owned Units: 194


Investment Cost for Starting One Franchise Unit in the USA:

  • from $187,316  to $688,452 for Traditional Locations
  • from $203,150 to $989,800 for Traditional Locations + car wash option

Average Gross Sales per One U.S.-Based Franchise Unit:

  • $917,823.25 of Net Sales made average earning Grease Monkey franchise in 2021

Expected Franchise Owner Profit Margin From Gross Revenue:

N/A


Franchise Business Address:

  • 5575 DTC Parkway, Suite 100 Greenwood VillageCO 80111 USA

Website: Franchise Opportunities | Grease Monkey


Phone: 800-364-0352


Franchising Inquiry E-Mail: Franchiseinfo@fullspeedautomotive.com ‎


Grease Monkey Franchisee Initial and Ongoing Financial Requirements


Net Worth: $250,000


Liquid Assets/Cash Requirement: $60,000


Initial Fee Cost: $39,900


Ongoing Monthly/Weekly Franchisee Royalty Fees:

  • Franchisor Royalty Fee: 6.0% of Gross Revenue
  • Advertising Contribution Fee: 0.5% of Gross Revenue
  • Local Advertising Fee: 4.0% of Gross Revenue

Number of U.S. – Based Grease Monkey Stores by Years


  • In 2023, there were 502 Grease Monkeys stores opened worldwide; 194 of them were U.S-based franchisee-owned locations

  • In 2022 there were 185 franchisee-owned and 166 franchisor-owned stores in the USA

  • In 2021 there were 186 franchisees owned, and 55 company-owned stores operating in the USA

  • In 2020 there were 181 franchisees owned, and 54 company-owned stores operating in the USA


Grease Monkey Average Annual Gross Sales Level per One Franchise Unit


  • In 2021 an average-earning Grease Monkey franchised location made $917,823.25 

Executives


Robert M. Lynch has been a Grease Monkey Chief Executive Officer since July 2022


Wesley E. Stephenson was appointed as Chief Operating Officer in October 2019


Ronald Stilwell was appointed as a Chief Development Officer in July 2021


Shane Jones has been Chief Financial Officer since January 2022


Tim Hartmann was appointed as a Chief Marketing Officer in April 2021


Info Resources About Grease Monkey Franchised Business

Written by:

Stuart MacPherson

Hi, I'm Stuart. I've been running my own small business since 2019 after leaving a successful career in finance. I created FranchiseTheory to share my enthusiasm for franchising and the franchise business model.

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