Grease Monkey Recognized on Franchise Times’ Top 200+ List for 2019

Grease Monkey is recognized on Franchise Times' Top 200+ List for 2019, ranking 267th, and celebrates its 20th year in the automotive-service industry.

Read the original at 1851 Franchise
Grease Monkey Recognized on Franchise Times’ Top 200+ List for 2019

TL;DR

Grease Monkey has been named to Franchise Times' Top 200+ List for 2019, ranking 267th. The brand is now in its 20th year in the automotive-service industry and has 348 locations.

Grease Monkey has been named to Franchise Times’ Top 200+ List for 2019, locking in the 267th spot. Now in its 20th year, The Franchise Times Top 200+ annually ranks 500 of the largest franchise systems in the United States according to global systemwide sales, based on last year’s performance. The Top 200+ ranks using a combination of data and processes including companies’ voluntary reports and publicly available data, as well as the franchises’ most recent franchise disclosure documents and SEC filings.

Founded in 1978, Grease Monkey is a firm player in the automotive-service industry thanks to its Certified Pit Crew Program. All Grease Monkey technicians, the brand’s 348 locations, are rigorously trained using proprietary systems developed by executives with decades of experience in the automotive industry.

“We are very proud to have both of our iconic brands recognized on the prestigious Franchise Times Top 200+ list. It is truly a testament to the strength of both franchises, as well as to the integrity and diligent efforts of our franchisees to provide an industry leading level of customer service day in and day out,” said Kevin Kormondy, CEO of FullSpeed Automotive, the parent company behind both Grease Monkey and SpeeDee.

The current initial investment for a Grease Monkey location ranges from $156,695 to $342,850, with a franchise fee of $35,000.

In this story

This story was originally published in 1851 Franchise on January 3, 2020. Burnaze summarizes and links to the original reporting.

Read the full story at 1851 Franchise

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