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Grease Monkey

Franchise Highlights
Investment Range: $200,000 - $250,000
Liquid Capital Req: $120,000
Business Type: Franchise
Net Worth Required: $500,000
Units: 189
In Business Since: 1978
Financing: Yes,3rd party
Training & Support: Yes
 
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Grease Monkey

           

       More Than Just An Oil Change!



Success in a Growing Industry

  Grease Monkey International, Inc. is one of the largest vehicle preventive maintenance franchisors not owned by a major oil company. Our independence gives us the advantage of being able to focus on servicing our customers' needs, rather than selling a specific brand of oil products. It also allows us more aggressive purchasing power within the industry so we can supply our franchisees with the products and services they need to build and run a successful operation.

The Grease Monkey organization has approximately 240 vehicle preventive maintenance service providers across the United States and in Mexico, and the market potential for Grease Monkey centers continues to increase. According to research data compiled by Automotive News, the number of vehicles sold in the U.S. increased 1.4% from 2003 to 2004. Increased vehicle sales mean even higher potential for the automotive services industry in the coming years.


A Full-Service Approach

At Grease Monkey, our objective is to help each franchise owner identify and achieve their goals. Our corporate management team has a long history in both franchising and vehicle preventive maintenance and is committed to building strong, lasting and mutually beneficial relationships with our franchisees. We pride ourselves in offering a comprehensive list of support services to our franchisees before, during, and well beyond a center start-up.

Site Selection Assistance

We provide the tools and real estate information necessary for the franchisee to make an informed decision on the correct location for a new center. Our real estate department will help select a Grease Monkey location by evaluating market conditions and trends, population density, traffic patterns, demographics and proximity to traffic-driving influences, such as primary retail centers.

Lease and Purchase Negotiations

Grease Monkey's real estate department also offers their expertise and guidance in researching property acquisition options and then assists in negotiating the terms for a lease or purchase of the site where the center will be located. We can also recommend qualified real estate brokers to assist with the intricacies of commercial real estate transactions.

Third-Party Financing

Franchisees work with our development department to determine the financing options available. We then provide contact names and phone numbers of various lenders familiar with the Grease Monkey Franchise Program to fund the acquisition and construction of a new center.

Center Design and Construction

Whether converting an existing structure or constructing a new building, all facilities are required to meet Grease Monkey International, Inc. standards. We supply prototypical drawings that a franchise owner can take to their architect for adjustment to specific site requirements and compliance with local building codes. We can also assist in locating local contractors, analyzing competitive bids and reviewing plans during all phases of the design and construction process.

Technical Training

Prior to opening, the franchisee and center employees receive intensive, hands-on training on how to thoroughly perform all of the proven and effective Grease Monkey services using the Grease Monkey system of operation. Ongoing support which includes visits from our field representatives, technical training and operations manuals, as well as the employee certification program, help assure that all Grease Monkey centers are staffed and managed to deliver the highest quality service for our customers.

Marketing and Advertising

Grease Monkey has developed a wide range of marketing programs and materials designed to be easily implemented and highly effective in helping franchisees strategically promote their center. Franchisees also have access to a field marketing specialist that can assist with local marketing planning, media placement, special event coordination and the implementation of a comprehensive marketing plan.

Business Management and Accounting

Grease Monkey centers have access to a computerized point-of-sale system that serves not only as the center's cash register, but as a valuable management tool that enables franchise owners to monitor and improve daily operations. This system can track sales data, product inventory and labor earnings-to-revenue ratio. Its powerful database not only provides customer vehicle maintenance records, but also tracks marketing activities and their effectiveness.

National Account Purchasing

With established vendors and the buying power of over two hundred centers, Grease Monkey has negotiated exceptional national account pricing for all in-center supplies and services.

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.
     Please fill out the form below to acquire more information about Grease Monkey .
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