Grease Monkey Franchise FDD, Profits & Costs (2025)
Grease Monkey International, Inc., founded in 1978 and headquartered in Greenwood Village, Colorado, is a distinguished name in the automotive service industry, specializing primarily in automotive oil change and maintenance services.
As the nation’s largest independent franchisor of automotive oil change centers, Grease Monkey has established a significant presence across the United States, Latin America, and China.
Grease Monkey began franchising the same year it was founded, quickly gaining recognition for its streamlined and customer-focused service model.
This model is highlighted by the “Less Hassle, More Hustle” customer service philosophy, which ensures quick and efficient service, helping customers meet their vehicle manufacturers’ recommendations and warranty requirements without pressure.
The franchise offers a variety of services including oil changes, preventive maintenance, and light mechanical repairs.
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Initial Investment
How much does it cost to start a Grease Monkey franchise? It costs on average between $252,000 – $821,000 to start a Grease Monkey franchised facility.
This includes costs for construction, equipment, inventory, and initial operating expenses. The exact amount depends on various factors, including the location, and whether the franchisee chooses to lease or purchase the property.
| Type of Expenditure | Amount |
|---|---|
| Initial Franchise Fee | $10,000 to $40,000 |
| Lease and Real Estate | $14,000 to $50,000 |
| Leasehold Improvements | $60,000 to $300,000 |
| Equipment, Furniture, Tools and Installation | $75,000 to $246,000 |
| Grand Opening Costs | $10,000 |
| Initial Inventory | $15,000 to $25,000 |
| Signs | $10,000 to $35,000 |
| Supplies | $2,000 to $4,000 |
| Initial Training Travel & Lodging Expenses | $2,500 to $5,000 |
| Total Estimated Initial Investment | $255,000 to $821,000 |
Average Revenue (AUV)
How much revenue can you make with a Grease Monkey franchise? A Grease Monkey franchised facility makes on average $1,167,000 in revenue (AUV) per year.
Here is the extract from the Franchise Disclosure Document:
This compares to $1,033,000 yearly revenue for similar oil change franchises. Below are 10 Grease Monkey competitors as a comparison:
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Grease Monkey Franchise Disclosure Document
Frequently Asked Questions
How many Grease Monkey locations are there?
As of the latest available data, Grease Monkey operates over 300 locations across the United States and internationally. The majority of these locations are franchise-owned, with only a small number being company-owned.
What is the total investment required to open a Grease Monkey franchise?
The total investment required to open a Grease Monkey franchise ranges from $252,000 to $821,000.
What are the ongoing fees for a Grease Monkey franchise?
For a Grease Monkey franchise, the royalty fee is 5% of gross sales, and the marketing fee is 2% of gross sales. These ongoing fees support brand usage, operational systems, and national marketing campaigns aimed at driving customer traffic.
What are the financial requirements to become a Grease Monkey franchisee?
To become a Grease Monkey franchisee, the financial requirements include a minimum net worth of $450,000 and at least $150,000 in liquid capital. These financial benchmarks ensure that prospective franchisees have the necessary resources to cover the initial investment, ongoing operational costs, and potential unforeseen expenses, allowing for a smoother transition into business ownership.
How much can a Grease Monkey franchise owner expect to earn?
The average gross sales for a Grease Monkey franchise are approximately $1.17 million per location. Assuming a 15% operating profit margin, $1.17 million yearly revenue can result in $175,500 EBITDA annually.
Who owns Grease Monkey?
Grease Monkey is owned by FullSpeed Automotive, a company that operates several automotive maintenance brands. FullSpeed Automotive oversees a portfolio of quick-lube and maintenance services, which includes Grease Monkey and other related brands.
Disclaimer
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